Page:United States Statutes at Large Volume 92 Part 1.djvu/704

 92 STAT. 650

PUBLIC LAW 95-372—SEPT. 18, 1978

"(1) Management of the outer Continental Shelf shall be conducted in a manner which considers economic, social, and environmental values of the renewable and nonrenewable resources contained in the outer Continental Shelf, and the potential impact of oil and gas exploration on other resource values of the outer Continental Shelf and the marine, coastal, and human environments. " (2) Timing and location of exploration, development, and production of oil and gas among the oil- and gas-bearing physiographic regions of the outer Continental Shelf shall be based on a consideration of— "(A) existing information concerning the geographical, geological, and ecological characteristics of such regions; " (B) an equitable sharing of developmental benefits and environmental risks among the various regions; "(C) the location of such regions with respect to, and the relative needs of, regional and national energy markets; "(D) the location of such regions with respect to other uses of the sea and seabed, including fisheries, navigation, existing or proposed sealanes, potential sites of deepwater ports, and other anticipated uses of the resources and space of the outer Continental Shelf; " (E) the interest of potential oil and gas producers in the development of oil and gas resources as indicated by exploration or nomination; " (F) laws, goals, and policies of affected States which have been specifically identified by the Governors of such States as relevant matters for the Secretary's consideration; "(G) the relative environmental sensitivity and marine productivity of different areas of the outer Continental Shelf; and " (H) relevant environmental and predictive information for different areas of the outer Continental Shelf. "(3) The Secretary shall select the timing and location of leasing, to the maximum extent practicable, so as to obtain a proper balance between the potential for environmental damage, the potential for the discovery of oil and gas, and the potential for adverse impact on the coastal zone. Fair market " (4) Leasing activities shall be conducted to assure receipt of value. fair market value for the lands leased and the rights conveyed by the Federal Government. Appropriations " (b) The leasing program shall include estimates of the appropriaand staff, tions and staff required to— estimates. «(]^\ obtain resource information and any other information needed to prepare the leasing program required by this section; "(2) analyze and interpret the exploratory data and any other information which may be compiled under the authority of this Act; Environmental "(3) conduct environmental studies and prepare any environstudies and mental impact statement required in accordance with this Act and impact statement. ^j^]^ section 102(2)(C) of the National Environmental Policy Act of 1969 (42 U.S.C. 4332(2)(C)); and "(4) supervise operations conducted pursuant to each lease in the manner necessary to assure due diligence in the exploration and development of the lease area and compliance with the require-

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