Review&Forecast The Year of the Government Shutdown And Beyond

摘要

In October, all eyes were focused on Washington as the drama over the government shutdown, defunding of the Affordable Care Act and raising the debt limit played out. With approximately 800,000 federal workers, the two-week government shutdown was a big deal in Washington, but not so big offshore. While a prolonged government shutdown could have had serious consequences for the offshore oil and gas industry, the two-week shutdown appeared to have little impact. Offshore permitting was apparently minimally affected, and overall exploration for oil and gas continued pretty much unabated.