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re: Spinoff: Why can't Louisiana be more like Texas economically?
Posted on 12/9/16 at 9:22 am to White Goodman
Posted on 12/9/16 at 9:22 am to White Goodman
quote:
Why can't Louisiana be more like Texas economically?
Gov. Blanco in 2005 stated (along the lines that) if Louisiana earned only 1% royalty on its offshore drilling, the state would need NO federal funding.
I don't know how accurate that statement was, but regardless, I guarantee Texas earns a hell of a lot more than 1% royalty on offshore drilling.
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