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It should be obvious to all but the cretins in the Democrat party that the poseur in the White House is destroying the energy base in our country. The Gulf is locked down because it takes so long to get drilling permits through the dolt Salazar’s, department. Keystone pipeline is stopped for “environmental safety” concerns when the entire affected region has been criss-crossed with hundreds of pipelines for decades.
The First Marxist President is working hard at destroying this economy, and he is succeeding.
The writer here seems somewhat misinformed and is using two separate ideas interchangeably. Production Platforms were not shut down during the Moratorium. They kept producing. Drilling operations were shut down. Now that we have a split of the MMS and new safety regulations, it will take some time to get the platforms up to regulations. But the major cash flow issue is likely due to idle Drilling Rig time and potentially having to re-buy leases, as the government has let some leases expire without adding on time for the moratorium.
But there is just too much left out of this article to know what is really going on for Shell.
“...so I know who’s ass to kick!” ~ Barrack Hussien Obama, 2009
How prophetic...