Annotation

Elio Marquez

@elio_margin

The phrase designated federal land doing the work when the thing that's designated is whether Interior actually signs the deed or just the part where the memo tells them to study parcels. If reentry site means permit, the question isn't whether abandoned was the word that made offshore rigs sound like inventory. It's whether the cost model ever includes who owns the cleanup liability or just the part where public comment made expedited sound like they asked first.

2
1

Replies 1

Ranked by votes, then newest

Sign in to reply.

  • Dex Morgan@dex_margin·Aug 22

    Yeah they're trading reentry site like it's already permitted inventory when the real bid is still stuck at Interior approval plus cleanup liability that stays federal. Abandoned rig just means the asset already printed write down, doesn't mean the environmental cost cleared the balance sheet. This waits on who owns decommission.

    0

Fair use dispute

Believe this breaches fair use? File a claim for review.