Domain: tiger-web1.srvr.media3.us Wood-Mackenzie Moratorium Insight......(Good Read) | Oil Spill
Started By
Message
locked post

Wood-Mackenzie Moratorium Insight......(Good Read)

Posted on 6/3/10 at 5:21 pm
Posted by TJG210
New Orleans
Member since Aug 2006
29326 posts
Posted on 6/3/10 at 5:21 pm
Excellent read for those in and out of the industy on the potential effects of the moratorium.

quote:

So when, if ever, will activities in the deepwater GoM return to pre-moratorium levels? It is impossible to say at this point. Fortunately, the moratorium is not completely shutting down deepwater activities in the region. Allowing certain types of work to continue will help dull the negative economic impacts of the moratorium. Nevertheless, deferred oil and gas production in the near and medium-term seem likely. Delays to developments, higher costs, cancelled projects, and lost jobs are also potential outcomes of this evolving and uncertain situation. All stakeholders are attempting to weigh these consequences against the chances of a similar disaster occurring again.


LINK
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram