Wood Mackenzie released an analysis of the cost of government regulation on the US energy industry.
There is nothing in the general sense that "we" did not already know, but the specifics are very helpful.
It will remain linked at the "Data Link" page.
The beauty of the WB in ND is the LACK of Federally owned lands, when compared to MT, and WY. With fee ownership it makes the drilling and permiting reasonable.
ReplyDeleteLooking at this presentation, ND was not on slides ( Key States) it was added in other ..Slide 14 shows the increase in the Rockies to be 2 Billion boe
also if you compare NC to ND on Slide 49 it is apparent( if this study is accurate ) that NC would have a good production of offshore oil. Coming from a state thatone never thionks about having a oil /NG resource
Easing of the GOM Would radically help TX. and LA.
i hope other post their observations. thanks bruce
I've thought about that often, how lucky North Dakota is to have such little federally-owned land.
ReplyDeleteI guess that alone would provide for a great study: North Dakota state vs Utah federal experience.
And, of course, in state we had a good example of North Dakota state land vs federal/BLM Fort Berthold Indian Reservation. The FBIR was delayed about two years due to federal bureaucratic delays; it took Senator Dorgan's personal involvement to get the FBIR going. Interestingly, not only did he get it going, but there were few federal impediments, as far as I know, once the drilling was allowed to begin.