Louisiana’s natural gas has given the state an economic advantage over its neighbors, but the implementation of a thriving natural gas economy is still in its infancy.
A new study by the Louisiana Workforce Commission suggests that Louisiana will see a surge in green jobs in the next 10 years.
The U.S. District Court for the Western District of Louisiana has ordered the federal government to pay $1.67 million to an employee of Canal Refinery, a Louisiana firm that processes used oil.
ven as the Obama administration postures on behalf of deficit reduction and job creation, it continues to advance policies that undermine energy production in the Gulf region and lower federal revenue, Sen. David Vitter (R-La.) has pointed out in his correspondence with top officials in Washington D.C.
The government’s track record would lead many to believe that it is incapable of efficiently permitting millions of new wells that will be drilled and hydraulically fractured in the coming decades.
Don Briggs comments on the Obama Administration’s plan to repeal vital tax incentives for oil and gas industry and raise taxes on those making over $250,000 per year.
Up to 20 oil rigs could leave the Gulf of Mexico, in addition to the 11 that have already left, since the Obama Administration imposed a moratorium on deepwater oil and gas drilling in May 2010. Sen. Vitter asks about the impact on small business, and the cost of green lawsuits in letter to feds.
A proposal backed by Sen. Mary Landrieu (D-LA) would allow Louisiana and other producing states to keep a 37.5 percent share of oil and gas revenues that would otherwise fall into federal coffers.
Job creation can flourish and we can incentivize businesses to take risks in a system of low tax structure and limited burdensome regulations.
Louisiana and seven other Southeastern states consistently refuse to impose renewable energy mandates on electric companies.