Some would argue no, as it means Conoco will not be forced to look elsewhere for reserves.
Step out a little and it is a good signal to Alaska's oil industry, incoming scale will assist in reducing drilling costs and equally importantly increase the availability of equipment and resources.
A rising tide lifts all boats scenario
That said, the green lobby will continue to resist and may drag it out further, despite the Biden administrations approval.
Some would argue no, as it means Conoco will not be forced to...
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