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Started By
Message
re: JBE Impact on Oil Recovery
Posted on 12/22/16 at 8:26 am to boosiebadazz
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.
2
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 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.
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