Energy Policy Institute at UChicago Retweeted Sam Ori
With poor enthusiasm from the Gulf drilling auction this week, our ED @samori8 shows how bidding has varied with prices - m/t by @Ed_Crookshttps://twitter.com/samori8/status/976895574216671238 …
Energy Policy Institute at UChicago added,
Sam Ori @samori8
At about $150 per acre, the bidding for the Gulf offshore drilling sale this week was toward the low end of recent history. Interesting that the bump in oil prices did not drive slightly higher bidding.
Marginal investment dollar has lots more options these days. pic.twitter.com/8TVZ78kkAX
1:08 PM - 24 Mar 2018
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