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Atlantic Offshore Oil Dispute / Exploration #37107

ABC Evening News for Monday, May 12, 1975
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(Studio) Supreme Court to keep Atlantic offshore oil dispute on its docket so future issues in case can be settled. Court ruled in March that federal government and not states has right to offshore oil reserves beyond 3 mile limit. Oil companies already spending millions on exploration.
REPORTER: Harry Reasoner

(NYC) Oil companies hope to find vast amts. of oil and natural gas off Atlantic shores. So far no test drilling underway. [Nassau Cnty. executive Ralph CASO - discusses lawsuit brought by Atlantic states; rigid controls and total review of environmental impact needed before offshore drilling begins.] [New Jersey Governor Brendan BYRNE - doesn't have much faith in oil company's judgement or concern with regard to environmental impact.] [Exxon environmental manager J.R. JACKSON - doesn't think Byrne and Caso really understand procedures, regulations, etc. that must be attained by oil companies before drilling can begin.]
REPORTER: Bill Brown

Reporter(s):
Brown, Bill;
Reasoner, Harry
Duration:
00:02:30

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