“Louisiana’s oil and gas industry is hurting, no doubt,” LOGA Interim President Mike Moncla said. “When industry suffers, so does the state. Unemployment ratchets up, other businesses grind to a halt, and local governments suffer too when drilling activity ceases. This bill will increase activity and give operators some much needed incentives that will help put Louisiana’s oil and gas industry back to work.”

On October 20, 2020, the Louisiana Supreme Court issued a major decision in an ad valorem (property) tax case involving oil and gas wells, and a big victory for independent oil and gas operator, D90 Energy, LLC. D90 Energy, LLC v. Jefferson Davis Parish Board of Review, 2020-C-200 (La. 10/20/2020). LOGA supported D90 Energy’s effort by filing an amicus curiae brief in the Supreme Court both at the writ application stage and on the merits.

Failure to pass Amendment 2 would allow neighboring states to keep their competitive advantage over us for investment dollars that they currently enjoy.It’s important to note that this amendment affects only the well operator, not the landowner, and does not create any new taxes or tax payers. Please vote yes on constitutional amendment 2.

A yes on Constitutional Amendment 2 would bring fairness and accuracy to the assessment process for Louisiana’s oil and gas wells, assessor and industry representatives agree.

New Orleans, LA (September 17, 2020) – Louisiana’s leading trade associations took legal action this week to help protect workers in the state’s energy sector who risk losing their livelihoods due to predatory coastal lawsuits. The associations filed an amicus brief with the U.S. Fifth Circuit Court of Appeals, supporting the defendants’ appeal to keep these lawsuits – which dispute decades of federally authorized oil and gas operations – in federal court. Signatories of the amicus include the organizations that represent the state’s largest employers, including the Louisiana Association of Business and Industry (LABI), the Louisiana Oil and Gas Association (LOGA), the Louisiana Mid-Continent Oil and Gas Association (LMOGA) and the Louisiana Chemical Association (LCA).