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Supreme Court Ruling / Offshore Oil Rights #481776

NBC Evening News for Monday, Mar 17, 1975
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(Studio) Supreme Court unanimously rules federal government and not individual states own all offshore resources.
REPORTER: John Chancellor

(DC) Govt. to invite oil companies to lease oil drilling rights off coast. [New Jersey Governor Brendan BYRNE - says states' fight not over; it must be carried on in Congress] Interior Secretary Rogers Morton says environmental to be protected, but he holds out little hope for states sharing oil revenues with government To be at least 3 years before oil begins flowing off Atlantic.
REPORTER: Irving R. Levine

Reporter(s):
Chancellor, John;
Levine, Irving R.
Duration:
00:01:50

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