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Started By
Message
US to issue more flexible oil drilling moratorium
Posted on 6/23/10 at 1:58 pm
Posted on 6/23/10 at 1:58 pm
LINK
quote:
The U.S. Department of the Interior will reissue a deepwater oil drilling ban that was blocked by a federal judge, but will make it more flexible to possibly allow drilling in certain fields, Interior Secretary Ken Salazar told lawmakers on Wednesday.
3
Posted on 6/23/10 at 1:59 pm to UnclassyStudent
Please (enter sacrasm here)
Posted on 6/23/10 at 3:43 pm to UnclassyStudent
quote:
Salazar told a Senate Appropriations subcommittee
the new moratorium would be adjusted where appropriate and
include criteria detailing when the drilling ban will end. He
did not provide more details on how the new moratorium would
get around the judge's ruling or when it would be released.
But his suggestion that development wells on proven fields
might be able to move forward would be good news for companies
like Petrobras (PETR4.SA) and Royal Dutch Shell (RDSa.L), who
were set to delay major projects. It would also help ease the
potential impact on future oil supplies from fields that are
the best new source of domestic crude.
"It might be that there are demarcations that can be made
based on reservoirs where we actually do know the pressures and
the risks associated with that versus those reservoirs which
are exploratory in nature," Salazar said.
Posted on 6/24/10 at 8:07 am to tgrbaitn08
Didn't know where to put this but I heard on some news show during the night that there is a rig off the Alaskan coast drilling in 10,000 ft of water. However, the commission, I assume the MMS, deems it a land drill operation. 
Posted on 6/24/10 at 8:08 am to Homesick Tiger
quote:
US to issue more flexible oil drilling moratorium
Sounds as if someone is trying to save face.
Posted on 6/24/10 at 10:53 am to mikeytig
In order to reissue any moratorium it has to go back to the exact same judge who deemed the first one capricious. Ain't going to happen. Feldman not only found the moratorium capricious, he based that decision upon stopping other operators from drilling because of another operator's mistakes outlandish. If the word moratorium or ban shows up in the reissue it's not going to fly. Salazar can't reissue another moratorium just because he didn't like the judge's ruling... FWIW
Posted on 6/24/10 at 10:56 am to PVillePandG
quote:
In order to reissue any moratorium it has to go back to the exact same judge who deemed the first one capricious. Ain't going to happen. Feldman not only found the moratorium capricious, he based that decision upon stopping other operators from drilling because of another operator's mistakes outlandish. If the word moratorium or ban shows up in the reissue it's not going to fly.t because he didn't like the judge's ruling... FWIW
And you base all of this on what?
Posted on 6/24/10 at 11:09 am to Decatur
Hope you are right about the reissue having to go through the same judge before it is implemented.
Amazing how the Federal Government can take a disaster created by a multinational company that is happening on our waters and actually get the public more pissed at them than BP!
Amazing how the Federal Government can take a disaster created by a multinational company that is happening on our waters and actually get the public more pissed at them than BP!
Posted on 6/24/10 at 12:03 pm to PVillePandG
quote:That is incorrect. Feldman did not rule that there was no authority to issue the moratorium. To the contrary, Feldman expressly ruled that there was authority. Feldman issued the PI because the moratorium was not properly supported.
In order to reissue any moratorium it has to go back to the exact same judge who deemed the first one capricious. Ain't going to happen. Feldman not only found the moratorium capricious, he based that decision upon stopping other operators from drilling because of another operator's mistakes outlandish. If the word moratorium or ban shows up in the reissue it's not going to fly. Salazar can't reissue another moratorium just because he didn't like the judge's ruling... FWIW
Thus, a new and "better" moratorium can be issued, and the PI will not apply to it. The new moratorium itself can be word for word identical to the old one. (I doubt that it will be.) The only thing that needs to be changed is the basis for the moratorium.
Posted on 6/24/10 at 12:15 pm to just me
And all the federal government has to say is that we are coming out with new deepwater drilling rules, not announce a date, to keep the uncertainty in the industry. The drilling operations aren't going to just open back up today because it takes weeks to restart these rigs. The same rigs will look at the cost-benefit approach and the vast majority will move their rigs out of the Gulf.
We aren't going to win the war on this. We won a battle but its impossible to win the war.
We aren't going to win the war on this. We won a battle but its impossible to win the war.
Posted on 6/24/10 at 12:24 pm to MrLSU
quote:
And all the federal government has to say is that we are coming out with new deepwater drilling rules, not announce a date, to keep the uncertainty in the industry.
quote:
Salazar told a Senate Appropriations subcommittee the new moratorium would be adjusted where appropriate and include criteria detailing when the drilling ban will end.
I hope the new moratorium includes a framework that will allow drilling operations to resume as soon as reasonably possible.
Posted on 6/24/10 at 12:28 pm to Decatur
Federal Judge Refuses to Delay Ruling on Moratorium
"The Justice Department says in court papers that Interior Secretary Ken Salazar has instructed all employees to not take any action to enforce the moratorium.
It also says the department is sending letters to operators who received notices of suspension that those notices have no legal effect at this time."
Now on FoxNews.....
Still looking for that freaking article on NOLA where I saw that it would go back to Feldman if reissued....
"The Justice Department says in court papers that Interior Secretary Ken Salazar has instructed all employees to not take any action to enforce the moratorium.
It also says the department is sending letters to operators who received notices of suspension that those notices have no legal effect at this time."
Now on FoxNews.....
Still looking for that freaking article on NOLA where I saw that it would go back to Feldman if reissued....
Posted on 6/24/10 at 12:30 pm to PVillePandG
quote:
Still looking for that freaking article on NOLA where I saw that it would go back to Feldman if reissued....
post it when you find it
Posted on 6/24/10 at 12:35 pm to Decatur
"I hope the new moratorium includes a framework that will allow drilling operations to resume as soon as reasonably possible."
Decatur: What we are hearing is that there will be a compromise. By law, the judge issued an injunction, which, probably as you know, means that there is enough evidence that should the court go to trial, the prosecutors would or would more than likely win. To issue a full injunction then the case would actually have to go to court and be ruled upon (at least that is what the original article on NOLA is saying). What happens in these cases is that the defendent will bargain with the prosecution for a comprimise, which is what we're seeing with the "New Moratorium". The "New Deal" is supposed to allow such things as TLP work, operators who had existing permits going back to work, and operators who comply with the DOI recommendations. It would also lay out exactly when the moratorium would be lifted. Either way, there are some rigs that will be drilling here shortly (if they have the balls to proceed)...
Decatur: What we are hearing is that there will be a compromise. By law, the judge issued an injunction, which, probably as you know, means that there is enough evidence that should the court go to trial, the prosecutors would or would more than likely win. To issue a full injunction then the case would actually have to go to court and be ruled upon (at least that is what the original article on NOLA is saying). What happens in these cases is that the defendent will bargain with the prosecution for a comprimise, which is what we're seeing with the "New Moratorium". The "New Deal" is supposed to allow such things as TLP work, operators who had existing permits going back to work, and operators who comply with the DOI recommendations. It would also lay out exactly when the moratorium would be lifted. Either way, there are some rigs that will be drilling here shortly (if they have the balls to proceed)...
Posted on 6/24/10 at 12:54 pm to PVillePandG
quote:
What happens in these cases is that the defendent will bargain with the prosecution for a comprimise, which is what we're seeing with the "New Moratorium". The "New Deal" is supposed to allow such things as TLP work, operators who had existing permits going back to work, and operators who comply with the DOI recommendations. It would also lay out exactly when the moratorium would be lifted.
Sounds like good news. I hope they can get it done soon.
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