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Energy leaders point to latest ruling as further proof that the lawyer-driven litigation scheme is unnecessary
BATON ROUGE, LA (August 9, 2016)— The Louisiana Mid-Continent Oil and Gas Association (LMOGA) and Louisiana Oil and Gas Association (LOGA) today issued the following joint statement in response to 24th Judicial District Court Judge Stephen Enright’s recent ruling to dismiss several of the lawsuits filed by trial lawyers on behalf of Jefferson Parish against oil and gas exploration and production companies:
“The district court’s ruling makes it crystal clear that this litigation scheme is premature and inappropriate. As we have said from the beginning and the court ruling further reiterates, there is already a rigorous administrative process in place to ensure that each and every coastal use permit in the state is in compliance with the Coastal Zone Management Act.”
Here we go again.
With only five months until a new president takes office, the current administration is taking another swing at the offshore oil and gas industry. This latest punch is once again an overreaching, misguided rule developed with limited public input that drastically impacts the future sustainability of our domestic energy supply with no apparent benefits. Unfortunately, hits like these keep on coming, and no one feels them more than our American energy workers whose jobs depend on a vibrant oil and gas industry.
Hess’ $6 billion US Gulf development will leave the company well positioned to rebound when market conditions improve
The $6 billion Hess-operated Stampede oil and gas development in the Gulf of Mexico is one of just a trickle of greenfield projects keeping operators busy in today’s low oil price environment.
The US independent has identified the tension-leg platform as one of its key investments, positioning the company for a strong rebound when market conditions improve.
From Baton Rouge to Port Fourchon, government leaders and business owners are grappling with the impacts low oil prices are having on our economy and on Louisiana workers and their families. Just as our state is deliberating tough, long-term decisions about budget priorities and government services, the news comes that Louisiana could also be in for an even greater economic hit in the years ahead thanks to the federal government.
According to a study conducted by international research firm Wood Mackenzie for the Louisiana-based Gulf Economic Survival Team (GEST), the extreme cost of implementing a proposed new federal rule governing oil and gas operations in the Gulf of Mexico could force operators out of the Gulf and cause catastrophic economic consequences for Louisiana and the nation.
LMOGA would like to congratulate member companies for receiving Environmental Leadership Awards from the Louisiana Department of Environmental Quality. ExxonMobil in Baton Rouge received a Large Business Acheivement Award in Pollution Prevention and Marathon Petroleum in Garyville received a Recognition Award in Pollution Prevention.
Click here for a full list of awards and projects. See below for DEQ Press Release.
Today, DEQ hosted the Environmental Leadership Awards at the DEQ headquarters in the Galvez building in downtown Baton Rouge. DEQ Secretary Dr. Chuck Brown was joined by Sen. Mike Walsworth, chair, Senate Environmental Quality Committee, and Rep. Stuart Bishop, chair, House Natural Resources and Environment Committee, to recognize environmental achievements. Members of Environmental Leadership Program were commended for their voluntary pollution prevention efforts, community environmental outreach initiatives and environmental management systems that went above and beyond regulatory compliance to improve the environment. ELP Awards were presented to large, medium and small businesses, municipalities, and academia. Fifteen new ELP members, who joined in 2015-2016 were recognized. This year, DEQ presented 11 awards in recognition of the following: