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More jobs, not lawsuits

More jobs, not lawsuits

In September, Louisiana’s legal climate was named the worst in the country in the survey “2017 Lawsuit Climate Survey: Ranking the States” by the U.S. Chamber Institute for Legal Reform. Our state needs to improve, and suing Louisiana’s largest industry is not an economic or legal solution. These lawsuits are a selfish attempt to satisfy […]

By November 27, 2017 0 Comments Read More →
Louisiana ranks last in legal climate, business survey finds

Louisiana ranks last in legal climate, business survey finds

Louisiana’s legal system ranks 50th — the worst in the nation — according to a new survey from the U.S. Chamber Institute for Legal Reform. The survey asked senior business executives about their experiences with lawsuits in the state. Eighty-five percent of the companies that participated in the survey said a state’s lawsuit environment affects […]

By November 27, 2017 0 Comments Read More →
Stone Energy in Lafayette being acquired in $2 billion merger by Houston company

Stone Energy in Lafayette being acquired in $2 billion merger by Houston company

Stone Energy Corp. in Lafayette is being acquired by Houston-based Talos Energy LLC in a $2 billion merger after a tumultuous period for Stone that included a bankruptcy reorganization. Like many in the energy industry, Stone’s fortunes plummeted along with the price of oil. The company reported losses of $189.5 million in 2014, $1.1 billion […]

By November 22, 2017 0 Comments Read More →
VIDEO: Energy Committee Passes Cassidy Measure Restoring Nearly $100 Million for Louisiana’s Coast

VIDEO: Energy Committee Passes Cassidy Measure Restoring Nearly $100 Million for Louisiana’s Coast

U.S. Senator Bill Cassidy, M.D. (R-LA), a member of the Senate Energy and Natural Resources Committee, offered an amendment Wednesday with Senator Luther Strange (R-AL) that would increase the money that coastal states like Louisiana are able to receive through revenue sharing under the Gulf of Mexico Energy Security Act (GOMESA). The committee passed Cassidy’s […]

By November 21, 2017 0 Comments Read More →
Study says toxic gas covers Desoto Parish from the Haynesville Shale

Study says toxic gas covers Desoto Parish from the Haynesville Shale

The Haynesville Shale brings economic growth for Northwest parishes, but does it come at a cost of human health? A national organization partners with a Louisiana group to study this question. Natural gas sites cover the map of Desoto and Red River Parishes. Facilities are designed to vent emissions. Two non-profit partnerships are studying those […]

By November 21, 2017 0 Comments Read More →
Senate GOP tax bill would raise oil revenue caps for Gulf Coast states under Cassidy amendment

Senate GOP tax bill would raise oil revenue caps for Gulf Coast states under Cassidy amendment

A measure that would potentially raise Louisiana’s share of federal oil revenue in the coming decades was headed for inclusion in the U.S. Senate’s GOP-backed tax bill. The proposal would raise a federal cap on the amount of offshore oil revenue currently split between Gulf Coast states. Sen. Bill Cassidy, R-Louisiana, added the change to […]

By November 20, 2017 0 Comments Read More →
Cheniere Energy: Catalyst In Asia Demand

Cheniere Energy: Catalyst In Asia Demand

Cheniere Energy (LNG) will continue reporting strong growth numbers in the future as it brings more projects online amid a healthy macro environment. The company has recently reported great quarterly results, even though, on paper, it may seem like it missed analysts’ consensus estimate. More importantly, the results have confirmed that the company’s growth story […]

By November 17, 2017 0 Comments Read More →
The Rundown: Costs revealed of Edwards’ Puerto Rico trip; Congress considers tax plans; Election nears; and more in Louisiana politics

The Rundown: Costs revealed of Edwards’ Puerto Rico trip; Congress considers tax plans; Election nears; and more in Louisiana politics

Today in The Rundown: Updates on how much money the state spent for Gov. Edwards to travel to Puerto Rico; The latest in Congress’ tax proposals; A curious hang-up in the appointment of a well-known lawyer to an important judicial bench; A Louisiana Legislature candidate blows up on radio caller; and everything else you need to […]

By November 16, 2017 0 Comments Read More →
Will Louisiana remain a major energy player when oil is no longer king?

Will Louisiana remain a major energy player when oil is no longer king?

Looking to the faraway, distant economic landscape of 2035 and beyond, industry leaders are beginning to accept the likelihood of flattening or declining oil demand in the extreme long term. Already, though, they are employing various strategies to prepare. Even as current cost factors buoy oil demand, the largest oil producers are fixated on a […]

By November 15, 2017 0 Comments Read More →
Steady growth continues in Haynesville and Eagle Ford Shale plays

Steady growth continues in Haynesville and Eagle Ford Shale plays

E&P Magazine recently published an article with contributed content from Hart Energy Mapping & Data Services detailing steady growth in Haynesville and the Eagle Ford. Information from the Energy Information Administration (EIA) shows that in addition to the Permian Basin in full swing, Haynesville and the Eagle Ford have seen an increase in rig count […]

By November 15, 2017 0 Comments Read More →