As I now start the process of transitioning from my role as President of the Louisiana Oil and Gas Association and into my new position as President Emeritus, I have taken the time to reflect on my years serving the oil and gas industry.
The Christmas season has come and gone, and now we are headed into the final stretch of the holiday season. The New Year has become synonyms with the sounds of champagne bottles popping, fireworks, the ball drop in Time Square, and New Year’s resolutions.
It is not uncommon to hear people all across Louisiana talking about the Permian Basin and for a good reason. The west Texas formation saw its first commercial oil well completed in 1921, and since then, the basin continues to be a predominant supplier of United States oil and gas. Some even say that an oil and gas recovery begins and ends in this portion of West Texas.
On the morning of October 30th, Louisiana’s oil and gas industry woke up to promising news amongst the headlines of low rig counts and low global commodity pricing. The United State Supreme Court denied hearing the Southeast Louisiana Flood Protection Authority-East’s (SLFPA-E) appeal of the lower courts ruling.
In a story that raises serious questions about the decline of the legal profession and the need to better regulate legal advertising, two Louisiana trial lawyers are fighting it out in court over the right to use the word “guarantee” in their TV commercials.
It is no secret that frivolous litigation filings have skyrocketed in recent years. As more and more personal injury lawyers seek to use and abuse our legal system, Americans have grown tired of paying the costs and have begun calling for reform. Fortunately, Congress is listening.
It has been over one hundred days since Trump took office and in that time, we have seen the Dakota Access and Keystone XL pipeline projects jump started, many regulations from the Obama-era rolled back, as well as a rejuvenation of leasing programs and streamlining processes for permitting on federal land and water.
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.
It is impossible to avoid them. Everywhere we look, we are bombarded by aggressive legal advertising. From car wrecks to class actions, solicitations from personal injury law firms dominate our local TV airwaves — not to mention what fills the radio and is plastered on billboards and bus exteriors.
On September 21, 2016, a letter was signed and sent by Governor John Bel Edwards to multiple coastal parishes in the state of Louisiana to “encourage” them to sue oil and gas companies in their parishes, as well as those that previously operated in the area.