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Groundhog Day: Louisiana’s Endless Budget Battle

Groundhog Day: Louisiana’s Endless Budget Battle

Well, it’s a new year here in Louisiana, but not much has changed. A new year means another budget deficit, which means yet another legislative rumpus over who and or what will foot the bill. Last year it was approximately a $940 million budget shortfall. This year it is a $304 million mid-year deficit, and […]

By February 23, 2017 0 Comments Read More →
Briggs: Trump assembles the oil and gas dream team

Briggs: Trump assembles the oil and gas dream team

The 45th president has officially taken office, and now he begins the task of fulfilling the many promises made during his campaign to put American energy first. Everyone is keeping a close eye on the new administration and what it means for the oil and gas industry. Trump’s first days have offered some sense of […]

By February 14, 2017 0 Comments Read More →
BRIGGS: Pipelines, Trains And Automobiles

BRIGGS: Pipelines, Trains And Automobiles

First it was Keystone, then it was Dakota. One pipeline after the next has become the focal point of environmental and anti-fossil fuel organizations across the nation. The bad news is that this fight has found its way to our very own backyards of south Louisiana over the Bayou Bridge Pipeline. These out of state […]

Louisiana’s Resolutions

Louisiana’s Resolutions

By Gifford Briggs It’s that time of year again, where we all make plans to enrich our lives…to become healthier, wealthier, and wiser. For some it may be just as simple as wanting to shed a couple of those holiday pounds added around the belt. Regardless of the resolution, the issuance of the New Year […]

Will Trump Help Independent Operators In The Gulf Of Mexico?

Will Trump Help Independent Operators In The Gulf Of Mexico?

By Gifford Briggs The Louisiana economy needs a kick start, not a kick in the teeth. Unfortunately, the outgoing Obama Administration is making a last gasp effort to hit us where it hurts most—our energy sector. It’s no secret – lower commodity prices, out-of-control regulations, and other factors have challenged the oil and gas industry […]

By December 2, 2016 0 Comments Read More →
Gifford Briggs: Trump – A New Hope?

Gifford Briggs: Trump – A New Hope?

Nearly 40 years ago, Luke Skywalker began his cinematic journey to becoming a Jedi on the big screen. Over a series of blockbuster films, Luke captured the imagination of millions of Americans as he fought Darth Vader, destroyed the death star and saved the galaxy. In the days since the shocking presidential election, some Star […]

By November 18, 2016 1 Comments Read More →
Roadblocks won’t stop us

Roadblocks won’t stop us

We are closing in on the two-year mark for the historic drop in crude oil prices. In the span of 2014-2016, the industry has seen the price for a barrel of oil drop from north of $110 to south of $30. This crash has brought about great hardship for the Louisiana oil and gas industry […]

By November 10, 2016 0 Comments Read More →
Edwards’ Legal War Amounts to Another De-Facto Moratorium on Drilling

Edwards’ Legal War Amounts to Another De-Facto Moratorium on Drilling

Six years ago President Barack Obama imposed an unnecessary ban on offshore drilling in the Gulf of Mexico, which left tens of thousands of Louisiana oil and gas workers and service sector employees out of jobs and nearly devastated our state’s economy. Today, we are facing a new moratorium, but this time the threat is […]

By September 26, 2016 0 Comments Read More →
A Long, Difficult Road Ahead For Louisiana’s Oil And Gas Producers

A Long, Difficult Road Ahead For Louisiana’s Oil And Gas Producers

Consistently low oil and natural gas prices have set the industry back tens of billions of dollars. According to the U.S. Energy Information Administration (EIA), the sharp decline in crude oil prices caused a stunning $67 billion in combined losses by 40 publicly-traded U.S. oil producers in 2015. Many of those losses hit home right […]

By September 8, 2016 0 Comments Read More →
Lease Sale = More Drilling More Jobs

Lease Sale = More Drilling More Jobs

By Don Briggs President, Louisiana Oil and Gas Association The Bureau of Ocean Energy Management (“BOEM”) held their most recent Gulf lease sale, Western Sale 248, this past Wednesday. This was the first federal offshore oil and gas auction to be broadcast live on the internet. At the lease sale 23.8 million acres in the […]