Seems like we’re trying to give newsom an excuse for approval. However if cali fucks this up then maybe we can get the oil from federal waters and a takings claim on the pipeline? 🤞🙏
Yeah, it gives Newsom an out. Plan B is some form of federal involvement, an FPSO and you don't have to deal with the state again, and then takings claim for the onshore facility and the pipeline. It wouldn't be a kayfabe takings claim either like the CCC suit.
All while a FPSO would be pumping oil. Case wouldn't be that complicated with the Consent Decree. Not my base case, but oil flows one way or another imo.
https://x.com/jasonstrom_/status/1971571170697990299?s=42
Seems like we’re trying to give newsom an excuse for approval. However if cali fucks this up then maybe we can get the oil from federal waters and a takings claim on the pipeline? 🤞🙏
Yeah, it gives Newsom an out. Plan B is some form of federal involvement, an FPSO and you don't have to deal with the state again, and then takings claim for the onshore facility and the pipeline. It wouldn't be a kayfabe takings claim either like the CCC suit.
Takings claim could take years though..
All while a FPSO would be pumping oil. Case wouldn't be that complicated with the Consent Decree. Not my base case, but oil flows one way or another imo.