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You are visiting my site on: April 23, 2024

DID LOUISIANA MAKE A DEAL WITH THE DEVIL OVER OIL?

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Energy production has been a mainstay of the Gulf Coast states, particularly in Louisiana, for well over a half a century. Actor Jimmy Steward echoed the prevailing view in his 1950s movie, “Thunder Bay,” when he told the oil production naysayers: “There’s oil under this Gulf. We need it. Everybody needs it. Without oil, this country of ours would stop and start to die.“ OK, we do need lots of fossil fuel. But what’s the trade off? Did Louisiana make a deal with the devil and accept significant bad consequences with all the royalty money rolling in? Check out my new column that discusses this very issue now posted. You can read it by going to the Red Flashing Box above, or by Clicking Here.

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