It’s to flatten the curve.
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Hard to stop dreaming of the COC...its life changing
Nah, they’ll just transfer you to Permian. Stop dreaming of COC.
I hope they shut GOM down and then Oxy will be forced to let LAPC staff go and we can finally get that COC!
From the article @okr posted
A 60-day suspension order at the Interior Department did not limit existing oil and gas operations under valid leases, meaning activity would not come to a sudden halt on the millions of acres of lands in the West and offshore in the Gulf of Mexico where much drilling is concentrated. The moratorium also is unlikely to affect existing leases. Its effect could be further blunted by companies that stockpiled enough drilling permits in Trump’s final months to allow them to keep pumping oil and gas for years.
Any thoughts on the repercussions on GOMs capital expenditure and staff?
https://apnews.com/article/joe-biden-climate-climate-change-environment-energy-and-the-environment-71001caf45220548deb26343d3889816
Word is it gets extended tomorrow for a year on federal lands and offshore.