The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
If the Obama Administration actually favored increased production in the Gulf of Mexico, it would be happening Don Briggs, president of the Louisiana Oil and Gas Association (LOGA) told audience members at luncheon held in New Orleans. "Louisiana is the Aorta of America," he said in his talk. But a change in Administration is needed.