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re: JBE Impact on Oil Recovery

Posted on 12/22/16 at 10:27 am to
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 12/22/16 at 10:27 am to
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.
Posted by NIH
Member since Aug 2008
112943 posts
Posted on 12/22/16 at 10:36 am to
It's an easy sell to the anti lawyer masses who have absolutely zero clue about the law or lawsuits in general.
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