HomeMy WebLinkAboutRESOLUTION 2003-06Suggested by: Administration
CITY OF KENAI
RESOLUTION NO. 2003-06
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, SUPPORTING
THE FEDERAL OUTER CONTINENTAL SHELF OIL AND GAS LEASING PROGRAM
191 & 199.
WHEREAS, the Federal Government has advertised its intent to offer the Outer
Continental Shelf located within the waters of Cook Inlet for an oil and gas leasing
program in 2004 and 2006; and,
WHEREAS, the Draft Environmental Impact Statement (DEIS) for Lease Sale 191 in
2004 and Lease Sale 199 in 2006 has been released for public comment; and,
WHEREAS, the DEIS estimates there is a ninety-five percent (95%) probability 140
million barrels of oil and 190 billion cubic feet of natural gas would be recovered
from the Outer Continental Shelf; and,
WHEREAS, the DEIS estimates there is a fifty percent (50%) probability 500 million
barrels of oil and one trillion cubic feet of natural gas would be recovered from the
Outer Continental Shelf; and,
WHEREAS, the DEIS estimates potential tax revenues to the Kenai Peninsula
Borough resulting from new pipelines and shore-based facilities built to develop and
deliver oil or gas from the Outer Continental Shelf at $2.7 million per year over a 15-
year period; and,
WHEREAS, the DEIS estimates up to 400 direct jObs and 200 indirect jobs will be
created if one platform is built in the Outer Continental Shelf producing 14 million
barrels of oil; and, ~.
WHEREAS, the City of Kenai recognizes it is essential to find new reserves of natural
gas in the Cook Inlet Basin in order to assure continued economic prosperity.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
that it supports Federal Lease Sales 191 and 199 within the waters of the Outer
Continental Shelf of Cook Inlet.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this rift&day of
February, 2003.
ATTEST.
Carol L. Freas, City Clerk
HN J./~ILLI~M S,~'~XY-O R
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