PASS ALONG!!!! I mean we got all this reporters down here and THEY ARE NOT SEEING THE BIG ISSUES!! See Time for Another Royalty Sharing Battle Via The Hayride
I love this part:
Fourchon alone furnishes between 16-18% of the oil supply for the entire country. Roughly one-third of U.S. oil production is from offshore production, and 80% of that production is from off our state’s coast. More than one-fourth of the nation’s oil production comes from off the Louisiana coastline. Our reserves account for almost 20% of all the U.S. oil reserves, and we also hold 10% of the nation’s natural gas reserves.
We assume risk that other NIMBY states choose not to take in order to help with domestic production of oil and natural gas, yet until 2016, we will get nothing from production more than 3 miles off our coast, and after that, will only receive 37.5%. Meanwhile, those same states get to enjoy the fruits of offshore royalties pouring into the federal treasury.
Many ignorant talking-heads and politicians claim that Louisiana’s coastal problems are a result of our “dancing” with the oil & gas industry, saying the industry is killing our vast seafood and marine life.
Here is a clue for those people. We have a 6,000-7,000 square mile Dead Zone in the Gulf right off our coast, where no marine life can survive. The cause of this huge dead area is NOT oil & gas exploration. Rather, it is due to farm “run-off”, chemicals pouring into the Mississippi River, then being dumped into the Gulf. Your farm chemicals have done more damage to our marine resources than all the exploration in the Gulf would ever accomplish.
Louisiana needs to demand that we stopped being treated as the rear-end of the country. Your state doesn’t want to help produce domestic petroleum. Fine. But neither should you reap the benefits of offshore royalties from Gulf of Mexico production.
Why isn't Anderson Cooper mentioning this. All this people that want to stop Off shore Drilling don't have a clue that Louisiana has dedicated by Constitutional amendment that when these revenues come online they will be devoted to coastal erosion. THERE WILL BE NO COAST if Drilling is stopped. Do people get this.
When I bring this point up to the STOP DRILLING Folks they pull their best Scarlett O Hara impression:
"I can't think about that right now. If I do, I'll go crazy. I'll think about that tomorrow."
You are incorrect about the dead zone.I have never seen any report saying farm chemicals cause this. The theory actually is run-off of phosphate fertilizers is the root cause of the problem. You may be familiar with phosphate. The general public pours tons of it into their washing machines and drain it into our rivers and streams everyday.
ReplyDeleteMarcus I might do a post on this later but I think the major consensus is that Fertalizers mainly from the midwest are a HUGE part of the problem from what we can tell from chemical test. In fact I think it has largely not been challenged
ReplyDelete