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What is an oil moratorium?

Updated: 9/17/2019
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Q: What is an oil moratorium?
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How can us oil companies stay competitive after moratorium in the us east coast?

The moratorium on deepwater drilling in the Gulf of Mexico affected about 33 deepwater drilling rigs. Most of the oil companies that owned those rigs are multi-national corporations. While the moratorium did have an economic impact, it most severely affected the offshore services companies that serviced those rigs. The oil companies shifted some of their exploration effort to other parts of the world while the moratorium was in effect. That will have an effect on the economy of the region that will continue, even though the moratorium has been lifted.


What will happen if people start hunting whales after the moratorium?

The purest source of lamp oil.


Where is the offshore drilling moratorium located for viewing?

A moratorium is a stoppage of pause (in this, of deep water, offshore oil drilling). It is difficult to view a stoppage - since nothing happens when a process is on pause or stopped. ;)


What part of speech is moratorium?

Moratorium is a noun.


What is a sentence for moratorium?

Moratorium is a preformance with a duty.


Sentence for moratorium?

The manufacturer placed a moratorium on producing toys made with PVC. In the sentence moratorium refers to prohibiting activity in the business.


What is a moratorium on real estate?

It means you can't build in the area of the moratorium.


When was Texas Moratorium Network created?

Texas Moratorium Network was created in 2000.


When was Muzai Moratorium created?

Muzai Moratorium was created on 1999-02-24.


What is the Tagalog of moratorium?

The Tagalog word for moratorium is "pansamantalang itigil."


What is the meaning of the term 'moratorium'?

The term moratorium means to wait or a pause in something. If someone calls for a moratorium on something that means it will cease until some condition is met.


What actors and actresses appeared in Moratorium - 2011?

The cast of Moratorium - 2011 includes: Brian Pudil as John