A Bureaucrat Says: “Market Argues Against Arctic Ocean Oil Development.” The Market Seems to Disagree.

by David Middleton, March 22, 2017


Firstly, how can reopening the Chukchi Sea and Beaufort Sea OCS areas to leasing be disrespectful to “market forces”?  Opening up an area to leasing doesn’t somehow impose an obligation on oil companies to bid on leases in those areas.

From Real Clear Energy