April 7, 2014
By Lauren McGaughy
..."We're already tied up in a lawsuit," (click here) she added, referring to the fight over RESTORE Act funds for Gulf Coast states after the 2010 BP Deepwater Horizon oil spill. "So forgive me for having a little it of a negative views about lawsuits sometimes because you can never get it out of court. We need money on the ground right now building, you know, building the levees that we need."...
To say she is frustrated with the legal wrangling currently facing the people of Louisiana over the Deepwater Horizon Disaster is an understatment. She isn't interested in abolishing the rights of any party to sue for damges, but, she wants things to change NOW not a decade from now to bring about a better quality of life for all the people.
She wants to institute a strong revenue sharing paradigm. What that means is Louisiana will receive what can be considered royalties from the petroleum industry. In other words, the states will receive monies from current leases to bring about a better outcome for Louisiana. A royalty to state governments would help the Gulf Coast states immensely and realizing the need for revenues to Louisiana it would solve a lot of problems.
By Lauren McGaughy
..."We're already tied up in a lawsuit," (click here) she added, referring to the fight over RESTORE Act funds for Gulf Coast states after the 2010 BP Deepwater Horizon oil spill. "So forgive me for having a little it of a negative views about lawsuits sometimes because you can never get it out of court. We need money on the ground right now building, you know, building the levees that we need."...
To say she is frustrated with the legal wrangling currently facing the people of Louisiana over the Deepwater Horizon Disaster is an understatment. She isn't interested in abolishing the rights of any party to sue for damges, but, she wants things to change NOW not a decade from now to bring about a better quality of life for all the people.
She wants to institute a strong revenue sharing paradigm. What that means is Louisiana will receive what can be considered royalties from the petroleum industry. In other words, the states will receive monies from current leases to bring about a better outcome for Louisiana. A royalty to state governments would help the Gulf Coast states immensely and realizing the need for revenues to Louisiana it would solve a lot of problems.
