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· Shattering Glass
705 Posts
Discussion Starter · #1 ·
The sale is off. Good job everyone. This is in response to many user groups and land managers complaints. Even if they did get the leases they would probably not drill due to the drop in oil prices. Oil needs to break $80 a barrel to make it profitable (barely) as it costs 5 to 7 million a well. Other areas are backing off of drilling also, particularly the western slope and eastern Utah all the way into Canada.
A great day for preservation:thumbsup:
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