02-16-2012, 08:35 AM
I think this qualifies under the National Oil and Gas Act, Article 99, Section 13, file 13. Bonk can probably get this a little more precise, but I believe it states, "Even though all previous 98 Articles specifically spell out all requirements and regulations necessary to be granted a "hydrocarbon extraction permit", thereby allowing grantee to extract, process, sell and ship LNG, oil and all by-products thereof, there are times when we may decide it is prudent for US to totally ignore it all and have grantee fulfill little or none of the requirements, but proceed nonetheless. This may be done in instances where we need tax and royalty revenues really really fast to replace expected declining revenues from other sources. No one will have the ability or right to protest said granted projects. It's ours and we can do what we want, when we want, and it needn't make any sense nor be fair. The End."