Probably written by the pro oil lobby to keep the rebates going in some form. The new discoveries will add to the flow.
If u read further down in the article it says.....
" Alyeska's technical fixes should allow the pipeline to keep operating at volumes as low as 300,000 barrels a day, a threshold that could be reached by the middle of the next decade, according to state estimates. Below that point, it's unclear what will happen, according to Barrett, the Alyeska president, in an interview from his Anchorage offices."
I dont care what happens by the middle of the next decade as i dont intend being an OEL holder by then....
Anyway if it manages to shake a few out and gives us the chance to buy some shares a bit cheaper then it could be a good thing..lol
PS 88e is moving along nicely....lets hope they prove up 100m-300m barrels for OEL..
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Probably written by the pro oil lobby to keep the rebates going...
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