This book investigates the strategic shifts in American offshore oil companies' policies regarding Outer Continental Shelf exploration and development between 1970 and 1976. It examines how these major actors navigated a complex landscape shaped by environmental legislation, the 1973 oil embargo, presidential initiatives, and evolving international laws. Unlike previous studies that focused on broader international policy, this work offers a granular analysis of the specific strategies and decisions made by key American companies operating in this critical period.

This study is recognized for its focused examination of American offshore oil companies' strategic decisions during a pivotal period of policy change. By concentrating on the specific actions of these industry players, it provides a detailed counterpoint to broader international policy analyses. The book's strength lies in its in-depth look at how environmental concerns, geopolitical events like the oil embargo, and governmental actions shaped corporate strategies. It offers valuable insights for understanding the interplay between industry, policy, and resource development in the 1970s.