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re: JBE Impact on Oil Recovery
Posted on 12/22/16 at 7:27 am to King Teal
Posted on 12/22/16 at 7:27 am to King Teal
LABI and the auto insurance industry have run a great PR campaign for years. I can't tell you the amount of calls I get that start with "I never thought I'd be calling a lawyer over something like this but ...".
0
Posted on 12/22/16 at 8:11 am to King Teal
The oil belongs to the owners of the mineral rights. The oil companies purchase the mineral rights and drill.
Let's don't make things complicated, it's really simple.
Let's don't make things complicated, it's really simple.
Posted on 12/22/16 at 8:16 am to skinny domino
quote:
ay a link or two on this "inability to guarantee a speedy app review"
Not sure how you link a meeting. Not oil related, either. Industry related and not my place to say who the companies are.
Posted on 12/22/16 at 8:26 am to boosiebadazz
quote:
I'll even give you legacy lawsuits and the recent coastal suits
To be fair, those are two pretty damn big reasons why companies would not want to stay here. I would argue that a third is the absolute shellacking BP took in settling with private plaintiffs.
Posted on 12/22/16 at 8:32 am to Mudge87
quote:
legacy lawsuits
was somewhat rectified by the Legislature in 2012 I believe
quote:
recent coastal suits
I'll give you this one as it is in its infancy and we don't know how it will eventually play out
quote:
I would argue that a third is the absolute shellacking BP took in settling with private plaintiffs.
You mean a settlement program they voluntarily entered into in order to avoid the costs of litigating each individual claim?
Posted on 12/22/16 at 8:35 am to boosiebadazz
But the law suits!!!
Posted on 12/22/16 at 8:48 am to NIH
Posted on 12/22/16 at 9:59 am to boosiebadazz
Someone needs to start a law suit thread for the lulz
Posted on 12/22/16 at 10:10 am to boosiebadazz
quote:
You mean a settlement program they voluntarily entered into in order to avoid the costs of litigating each individual claim?
Yeah I would characterize it more as a settlement program that BP was more or less forced into by the same Judge that would later be ruling on the extent of their liability under the CWA.
Posted on 12/22/16 at 10:10 am to NIH
Didn't Mike Foster, creator of Piyush Bombay Bobby, get about $15 million from these legacy lawsuits? Wasn't Mike the big anti-trial lawyer governor? Shouldn't Jindal have fought Mike getting this $? And I could be wrong on this but seems some years ago this occurred.
Posted on 12/22/16 at 10:27 am to NIH
Anyone who thinks Legacy lawsuits or coastal erosion suits are a determinative factor of whether an O&G company decides to enter (or remain in) a given state is a moron.
These costs are an after thought to the economics of the plays.
Also whether Macondo happened off of LA or MS or AL, or TX it wouldn't have mattered. BP was going to get fricked HARD.
These costs are an after thought to the economics of the plays.
Also whether Macondo happened off of LA or MS or AL, or TX it wouldn't have mattered. BP was going to get fricked HARD.
Posted on 12/22/16 at 10:35 am to Mudge87
Where are they going to go? Venezuela, West Africa, the Arctic (thx Obama). The United States is a safe, stable place to do business with a predictable judicial system. You make it seem like oil companies would rather be attacked by terrorists in Nigeria than adhere to legal/regulatory requirements in Louisiana.
Posted on 12/22/16 at 10:36 am to CorporateTiger
It's an easy sell to the anti lawyer masses who have absolutely zero clue about the law or lawsuits in general.
Posted on 12/22/16 at 11:29 am to Athanatos
quote:
The United States is a safe, stable place to do business with a predictable judicial system
Yeah, a system where oil companies can apparently be sued for billions of dollars for coastal erosion when plaintiffs can't even point to a law that was violated or a duty that was breached. That system just screams predictability.
Posted on 12/22/16 at 11:34 am to ItzMe1972
Hey look fake news
Posted on 12/22/16 at 11:35 am to Lakeboy7
quote:
Hey look fake news
kind of like that black church in MS burning and it couldn't possibly be a hoax?
that kind of fake news?
Posted on 12/22/16 at 11:39 am to SlowFlowPro
Hush, get back to your podcast
Posted on 12/22/16 at 12:25 pm to Mudge87
Yet I see no major companies exiting America. Weird.
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