U.S. Supreme Court declines to hear oil firms' appeal of coastal lawsuit ruling - GoHaynesvilleShale.com2024-03-29T07:08:50Zhttps://gohaynesvilleshale.com/forum/topics/u-s-supreme-court-declines-to-hear-oil-firms-appeal-of-coastal?commentId=2117179%3AComment%3A4037476&x=1&feed=yes&xn_auth=noIt would seem so to me Steve…tag:gohaynesvilleshale.com,2023-03-01:2117179:Comment:40374762023-03-01T21:20:35.489ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>It would seem so to me Steve but after SCOTUS has settled this as a state court venue, I suspect that the negotiations for a settlement commence. The canals are an obvious focus but what remediation beyond that may be required to reach a settlement is beyond my pay grade. This will be very interesting to watch. The degrading coast not only puts public infrastructure at risk, it also impacts a lot of oil and gas infrastructure.. That being the case, the industry should have sought a…</p>
<p>It would seem so to me Steve but after SCOTUS has settled this as a state court venue, I suspect that the negotiations for a settlement commence. The canals are an obvious focus but what remediation beyond that may be required to reach a settlement is beyond my pay grade. This will be very interesting to watch. The degrading coast not only puts public infrastructure at risk, it also impacts a lot of oil and gas infrastructure.. That being the case, the industry should have sought a settlement long ago instead of litigating for years. Some of the impacts may be contested but no one who has spent even a little time in the Atchafalaya Basin and the marshes of south Louisiana should disagree with the damage done by canals. Of course those who use those canals for sport or commerce other than O&G may want to keep quite a few. A lot of stake holders will butt heads on that.</p>
<p></p> Hmm, if the lawsuits are base…tag:gohaynesvilleshale.com,2023-03-01:2117179:Comment:40374282023-03-01T21:10:05.128ZSteve Phttps://gohaynesvilleshale.com/profile/StevePorter
<p>Hmm, if the lawsuits are based upon violation of a 1980 State law, does that mean damages would only be payable for damage incurred since 1980?</p>
<p>Hmm, if the lawsuits are based upon violation of a 1980 State law, does that mean damages would only be payable for damage incurred since 1980?</p>