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Joined: Nov 2000
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Have you learned/read of any of the permittees in the Gulf, taking immediate steps against the US Gov't?


A fish and a bird can fall in love, but where will they build their nest?

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Originally Posted by seashell
Have you learned/read of any of the permittees in the Gulf, taking immediate steps against the US Gov't?

They can't. Their permission to drill has been withdrawn as is the right of the USA government. This is also basically the same rights as the Belize government has on all of the Production Sharing Agreements.
The Belize Government can pull the plug at any time it chooses, and if the company tries to sue they will be shooting themselves in the foot. If they struck anything after successfully suing the government, the the government would not give them their annual renewal of their PSA's nor would they give them a production licence.

Last edited by Rigrat; 06/09/10 11:55 AM.
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Which wasn't exactly my point . . .regardless, your response is within the drift response to my Socratically-posed question. smile


A fish and a bird can fall in love, but where will they build their nest?

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The scariest part of this whole discussion is that we seem to have to rely on politicians to protect us. Elections can swing back and forth and as they do, so may the posture on this issue.


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