Elections give us the opportunity to voice our opinion, correct our path, and build a better Louisiana for generations to come. Here at the LOGA Election Center we seek to provide you with the information necessary to make informed decisions as you cast your vote.
The Louisiana Oil & Gas Association applauds President Donald Trump’s actions to unleash an American energy revolution on American soil.
At the 2019 Louisiana Oil and Gas Association’s Annual Meeting, President Gifford Briggs, on behalf of the entire association, honored Sen. Norby Chabert, Speaker Taylor Barras, Rep. Neil Abramson, and Rep. Jim Morris as LOGA Heavyweight Champions for their support of Louisiana’s oil and gas industry.
The court rejected the Department’s position that the differential in the pricing formula was an improper transportation cost or other deduction and found that it was an element of the pricing formula in the crude oil purchase agreement. This was in response to the Department’s argument that Avanti and the purchasers conspired to manipulate Avanti’s severance tax liability by taking a producer’s transportation deduction and hiding it in the pricing formula. The court found that the contracts called for the delivery of the oil in the field at the lease and Avanti took no transportation cost deduction.
Louisiana State Sen. Sharon Hewitt (R-Slidell)—asked subcommittee members to consider positive economic impacts the oil and gas industry has had in that state which also supports thriving tourism and recreation businesses. “In my opinion, coastal communities do not need to be protected from offshore drilling, but instead should partner with offshore operators to identify synergies for the mutual benefit of all of our citizens,” she said.
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