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Oil industry and environmental groups are the latest to express opposition.
Oil industry and environmental groups have joined Louisiana interests voicing opposition to a Trump administration budget proposal that would strip the state of billions of dollars it plans to use to protect coastal communities from hurricanes and an encroaching Gulf of Mexico.
Louisiana Mid Continent Oil and Gas Association issued the following statements today in response to Scott Angelle being named Director of the U.S. Department of Interior’s Bureau of Safety and Environmental Enforcement:
Chris John, LMOGA President:
“Today’s announcement of Scott Angelle as Director of BSEE is good news for America but especially good news for the oil and gas industry in Louisiana. Since Scott previously served as the Secretary of Louisiana’s Department of Natural Resources, he has a keen understanding of the significance of our offshore industry to Louisiana’s economy and good-paying jobs, also has an appreciation of the need for sound and sensible safety and environmental protections.
Please join us in welcoming new member company, BHP, to LMOGA. We are thrilled to have this great company as part of our strong and growing membership.
BHP is among the world’s top producers of major commodities including iron ore, metallurgical coal, copper and uranium with substantial interests in oil, gas and energy coal. BHP's Petroleum unit comprises conventional and unconventional oil and gas operations, and includes exploration, development and production activities. BHP has a high-quality resource base concentrated in the United States and Australia. Their core production operations consist of conventional assets located in the US Gulf of Mexico, Australia and Trinidad and Tobago and unconventional Onshore US assets.
The Louisiana Oil and Gas Association (LOGA) and the Louisiana Mid-Continent Oil and Gas Association (LMOGA) released the following statements upon receiving notification that the United States Fifth District Court of Appeals denied the plaintiffs' petition for a re-hearing of the Southeast Louisiana Flood Protection Authority-East’s (SLFPA-E) lawsuit against oil and gas companies alleging damages to coastal land.
At this point, plaintiffs have exhausted all avenues of litigation, except through the U.S. Supreme Court.
On March 29, just inside of two weeks until the 2017 Legislative Session convenes, Governor John Bel Edwards released his “2017 Budget Stabilization Plan.” The response has yielded more questions than answers. Unfortunately, it does not appear any certainty will arrive before the Legislature will consider his plan.
We are surveying our members and waiting to receive more information on the Governor’s plan to create a new gross receipts tax, which is modeled on the corporate tax system in Ohio. However, based on our understanding of the Ohio model, we are concerned about the negative impact the proposed tax would have on our members.