Louisiana faces real vulnerabilities and cannot afford to see funds misused on projects that do not advance the act’s goals. This opportunity to accomplish something good out of the BP disaster should not be squandered.
Texas, Louisiana, Mississippi, Alabama, and Florida all border the Gulf of Mexico and between these five states alone they have passed nearly 1,000 laws criminalizing various coastal activities.
In Louisiana alone, over $60 billion in new manufacturing investments have been announced over the past 24 months: the justification of which are all tied to abundant U.S. unconventional natural gas supplies.
Are the attorneys and plaintiffs who file lawsuits built around oilfield contamination allegations genuinely concerned about environmental damage? Or, are they instead motivated by a loophole in the law that allows for financial awards to be detached from cleanup efforts?
Should Louisiana primarily export or import the vast natural gas supplies that have been harvested in just the past few years? This question was explored at the Louisiana Mid-Continent Oil and Gas Association (LMOGA) annual meeting held in New Orleans last week.
Instead of bowing down to green pressure groups that greatly overstate the environmental risks attached to natural gas production, policymakers in the northeast should look toward Louisiana as a model for economic renewal, industry and government officials recommend.
With the advent of unconventional drilling methods, the global energy balance is shifting, and the U.S. could soon find itself at the top of list of the world’s oil and gas producing countries.
U.S. Department of Interior officials manipulated and altered summary language attached to report to make it appear as though engineers endorsed the Gulf moratorium when in fact they had not, an Inspector General investigation has concluded.
A new study by former LSU Professor Dr. Loren Scott details how dependent Louisiana is on the oil and gas industry, and warns that national politics targeting the industry could disrupt one of the state’s key economic drivers.
The long-awaited permit gives BP the green light to begin drilling a 6,034-foot exploratory well off the coast of Louisiana in BP’s prolific Kaskida Field.