Kurbanov, R. A. Legal Regulation in the Spheres of Exploration, Production and Transportation of Oil and Gas (USA)

Abstract: The author of the article carries out the analysis of formation and development of the legislation in the sphere of exploration, production and transportation of oil and gas in the USA from the XXth century to the present time. Being one of the largest energy consumers in the world, USA has very scarce reserves of energy resources of their own. As a consequence, the energy sector of the USA fully depends on the import of energy resources. While it has been developing, the energy sector of the USA has undergone several crises which created the need for developing a certain energy policy at the federal level. The author of the article pays special attention at the questions of distribution of authority on regulation of this sector between the federal power and local powers of states. We can’t deny that the environmental imperatives also play an important role in the development of the energy legislation all over the world. These tendencies can be viewed in the energy sector of the USA too where a number of measures aimed at development of a more sustainable gas sector have been undertaken recently.

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