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  1. #1
    Shattering Glass
    Reputation: dash's Avatar
    Join Date
    Mar 2006
    Posts
    705

    Update Moab drilling

    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

  2. #2
    mtbr member
    Reputation:
    Join Date
    Jan 2004
    Posts
    66
    Hurray!

  3. #3
    I dream on two wheels
    Reputation: Simonns's Avatar
    Join Date
    Mar 2004
    Posts
    761
    Excellent. Thanks for the update.

    -Simon

  4. #4
    mtbr member
    Reputation: crager34's Avatar
    Join Date
    Feb 2005
    Posts
    375
    It's not an adventure until someone BLEEDS!

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