Oil + Gas

Mitsubishi considering billion-dollar chemical plant in Ascension Parish

BY: - December 9, 2020

The Tokyo-based Mitsubishi Chemical Corp. is considering building a $1 billion manufacturing complex to the eastbank of Ascension Parish in Geismar, according to an announcement from Louisiana Economic Development.  The potential project would create 125 new direct jobs with an average annual salary of $100,000, plus benefits, as well as another 669 new indirect jobs […]

Louisiana Capitol Building

Louisiana governor vetoes oil and gas tax break from special session

BY: - November 13, 2020

Gov. John Bel Edwards vetoed Wednesday an oil and gas industry tax break passed by the Louisiana Legislature that would cost the state over $38 million over the next five years. Edwards said the bill contained technical errors that would have created difficulties for the oil well operators it was supposed to help as well […]

Marathon Petroleum, accused of fraudulently seeking tax exemption, asks commerce board to defer vote on its request

BY: - November 13, 2020

A state board deferred consideration of $43 million in tax breaks for Marathon Petroleum Friday after claims that the company falsified public records to avoid going to St. John the Baptist Parish officials for approval. Marathon went before the Board of Commerce and Industry Friday for a tax break for an expansion project at its […]

Biden’s presidency could open doors for environmental justice in Louisiana

BY: - November 11, 2020

WASHINGTON —  The incoming Biden administration is poised to bring a new focus to environmental justice—a major policy change that could have an impact in Louisiana. Community activists and some Democratic lawmakers have long sought federal protections for environmental justice. They want to give low-income communities more latitude to challenge the cumulative effects from air, […]

Louisiana climate task force holds first meeting

BY: - November 10, 2020

Louisiana’s Climate Initiatives Task Force, a body Gov. John Bel Edwards created through an Aug. 19 executive order,  held its inaugural meeting at the capitol building on Monday, and its chairperson said the task force’s effort will be about “leading us away from environmental disaster and economic hardship and towards a better future for our […]

Formosa Plastics permit suspended by Army Corps

BY: - November 5, 2020

The U.S. Army Corps of Engineers on Wednesday announced through a court filing in federal court in Washington its plans to suspend its permit for a proposed 1500-acre Formosa Plastics facility in St. James Parish.  The announcement came before today’s Nov. 5 filing deadline for the Corps to defend its issuance of a permit to […]

Emissions data from LSU serves reality check to Climate Task Force

Bill passes offering $48 million in tax breaks to oil and gas industry

BY: - October 22, 2020

The Louisiana Legislature passed a bill Wednesday that would give an estimated $48 million in tax exemptions to the oil and gas industry. House Bill 29, introduced by Rep. Phillip DeVillier, R-Eunice, would suspend a 12.5 percent severance tax that companies pay on oil and gas extracted from abandoned orphan wells, newly-drilled wells, or old […]

Louisiana Capitol Building

Multiple tax-cut bills pass the Louisiana House Tuesday

BY: - October 7, 2020

The Louisiana House of Representatives passed several tax bills Tuesday including one that gives $157 million in tax breaks to oil companies, another that establishes a state sales-tax holiday and a third that offers a modest income tax credit to residents who pay for tutoring for college students taking classes online. House Bill 29, filed […]

House passes qualified immunity bill

Lawmakers vote to give $157 million to oil companies and bypass school boards

BY: - October 6, 2020

A Louisiana House of Representatives Committee narrowly passed a bill Monday that muddies the state’s corporate tax exemption laws by creating a potential loophole that could allow companies to bypass some local entities when seeking property tax credits. Furthermore, in a separate bill, the same lawmakers voted to give away $157 million in additional tax credits […]

COMMENTARY

A burning chemical plant may be just the tip of Hurricane Laura’s damage in this area of oil fields and industry

BY: - September 4, 2020

By John Pardue, Louisiana State University Hurricane Laura plowed through the heart of Louisiana’s oil and chemical industries as a powerful Category 4 storm, leaving a chlorine plant on fire and the potential for more hazardous damage in its wake. The burning BioLab facility sent dark smoke and chlorine gas into the air over the […]

After Hurricane Laura makes landfall, crews battle chlorine fire at BioLab plant in Westlake

BY: - August 27, 2020

In the destructive wake of Hurricane Laura, emergency responders and hazmat crews spent most of Thursday battling a chemical fire at a chlorine plant in Westlake in Calcasieu Parish. The BioLab facility, located on Interstate 10 near Lake Charles, sustained unspecified damages as Laura struck Cameron and Calcasieu parishes early Thursday, causing the plant’s chlorine […]

How many burial sites are on the land where Formosa Plastics plans to build?

BY: - July 20, 2020

Rise St. James and Formosa Plastics don’t agree about what’s going to happen in the future.  The environmental justice group says air, water and soil quality are already awful in St. James Parish, and, if Formosa Plastics is allowed to build a $9.4B manufacturing complex on the west bank, the environment will become even more […]