Wednesday is marked as a big day for the oil industry. Oil and gas leases are up for grabs. This is the first time lease sales have been available since the BP spill. Oil companies can now buy leases for the 21 million acres in the western Gulf of Mexico... more »
The United States Senate is considering a bill, which involves offshore safety reforms proposed by Rep. Jeff Landry, R-New Iberia. In the wake of recent fatalities offshore, most will agree safety should be a priority in the Gulf, but not everyone is onboard with Landry's ideas.
H.R. 2838, also... more »
A star-studded line-up shows their support in the Louisiana Oil and Gas Association at their annual meeting in Lake Charles on Tuesday. At the top of that list, former US Attorney General John Ashcroft.
"We have to have more energy- not less energy." Ashcroft says, "it's not time for... more »
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) announced Monday that it has approved the first deep-water drilling permit in the Gulf of Mexico since last year's oil disaster in the Gulf.
"It's certainly a policy breakthrough," said Scott Angelle, Secretary of the Louisiana Department of Natural... more »
The president of the Louisiana Oil and Gas Association (LOGA) testified against the moratorium on deepwater drilling Tuesday. "It's time that we get back to doing what we do best in Louisiana, and that's fueling our nation," said Don Briggs as he testified before the Senate Committee for Small Business... more »
The oil disaster in the Gulf of Mexico could have President Obama rethinking recent plans to increase offshore oil drilling. This as the oil slick inches closer and closer to the U.S. coast. "I have never seen anything like this in my years of being in the industry, it's a... more »