Friday, May 10, 2013

Chevron Wins Suit Against U.S. Over California Oil Field

Looks to me like the Feds thought they could make things so difficult that Chevron would just go away.  They were wrong.

The Department of Energy “repeatedly and materially violated” two agreements governing determination of equity interests in oil and gas deposits located in the Elk Hills Reserve of California, Judge Susan Braden in Washington wrote in a 90-page ruling.

Chevron “is entitled to be compensated for damages, in an amount to be determined, including sanctions for DOE and the government’s ‘bad faith’ conduct and abusive discovery tactics,” Braden wrote in the ruling made public yesterday.

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