The Daily Sentinel noted on Saturday that Plains Exploration is selling out and moving to Louisiana.
Commissioner Meis noted that the Governor's slavish devotion to a small, well financed and vocal minority of extremists seems to be a factor.
Really...you mean the economic principle of increased profit derived from lower taxes and regulation drawing business still works?
I thought that as long as a company is showing some profit you can do anything you want to them and they will stay; even if they can do better elsewhere.
What do you think this quote from Plains really means-“This divestment facilitates PXP’s rotation from assets with moderate growth and challenging differentials to the unparalleled high growth Haynesville Shale play,” .
What do you think the "challenging differentials" are that he is referring? I think you know. Click here to go to the article.
