Quote:
Originally Posted by woj
... and official statement is far from "there is no oil here":
"The company continues to see potential in the region and the decision not to explore further in Alaskan waters ?reflects both the Burger J well result, the high costs associated with the project, and the challenging and unpredictable federal regulatory environment in offshore Alaska,? according to the statement."
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damn those new 'unpredictable rules':
'The proposed regulations codify requirements that all Arctic offshore operators and their contractors are appropriately prepared for Arctic conditions and that operators have developed an integrated operations plan that details all phases of the exploration program for purposes of advance planning and risk assessment'
being appropriately prepared and with plans? thanks obama