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re: Fossil fuel use to zero

Posted on 3/9/22 at 8:20 pm to
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7568 posts
Posted on 3/9/22 at 8:20 pm to
quote:

Correct, it is a long chain. So why use all the metrics when one will do? The vast majority of companies are requesting permits because they have those other pieces in place. Why get a drill permit when you don’t have a lease, land that can produce from more drilling, the infrastructure to pull it, a refinery to refine it and the distribution network to sell it? Permits are a measure of orgs that have the chain in place and have the market incentive to do it.



I don't even understand the point of your post.

My point was picking any one metric of a multi-step process as the defining measure of the whole is stupid.

I gather you feel the opposite way.
Posted by bungalow233b
Member since Oct 2017
44 posts
Posted on 3/9/22 at 10:24 pm to
My point is that permits are a product of having those other things lined up. Permits have expiration dates. Only companies with those lined up would request permits. Including those other factors just tells you if companies are likely to request permits.

Back to my original point, if you want to know if there are any barriers to any of those things (land leases, infrastructure, distribution, refineries, PVC pellets) then you look at permits. There isn’t any truth to the statement that “companies are being blocked from drill” since the total permits granted is greater than the average of the previous four years and greater than totals for three of the four years.
This post was edited on 3/9/22 at 10:25 pm
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