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LMOGA Responds to ExxonMobil Expansion Announcement
LMOGA President Tyler Gray Statement:
“LMOGA is encouraged by ExxonMobil’s announcement today on the expansion of the polypropylene plant. However, this announcement must be looked at in comparison to announcements, by the same company, in neighboring states. Today’s news is positive, but we cannot ignore that the vast majority of investments from ExxonMobil’s Grow the Gulf initiative have been made with our neighbors in Texas.
While congratulations are in order, Louisiana needs to focus on the process for incentive programs in Louisiana and the push for further refinement of the rules. We need to continue the conversation to find new ways to improve the process. We need to create a stable, pro-business environment in Louisiana where companies will want to continue to invest.”
Louisiana Mid-Continent Oil and Gas Association, founded in 1923, is a trade association exclusively representing all sectors of the oil and gas industry operating in Louisiana and the Gulf of Mexico. LMOGA serves exploration and production, refining, transportation, marketing and midstream companies as well as other firms in the fields of law, engineering, environment, financing and government relations.