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Started By
Message
Louisiana Legsislature thinks Big Oil shouldn't have to clean up their mess!
Posted on 5/14/14 at 6:34 am
Posted on 5/14/14 at 6:34 am
LINK
Its all bout dem trial lawyers! Oil is actually GOOD for the Earth!
quote:
BATON ROUGE, LA (WAFB) -
The House Civil Law Committee advanced a bill to limit lawsuits looking to clean up environmental damage done by big oil companies years ago. The bill's s author Sen. Robert Adley, R-Benton, says it's all about lawyers making money by suing big oil. Not about cleaning things up.
Its all bout dem trial lawyers! Oil is actually GOOD for the Earth!
12
Posted on 5/14/14 at 6:38 am to SpidermanTUba
How long did you last before they dropped the banhammer on you the first time?
This post was edited on 5/14/14 at 6:58 am
Posted on 5/14/14 at 6:57 am to SpidermanTUba
Is this your housemate posting this nonsense?
Posted on 5/14/14 at 7:05 am to SpidermanTUba
You're such a POS Troll and so is that author.
Do you think it is a good idea to let someone buy a piece of property for $250,000, lawyer up, sue every oil company that ever worked on the property for 10's of millions of dollars, and then have absolutely no responsibility to rehab the land?
Yes or No.
Do you think it is a good idea to let someone buy a piece of property for $250,000, lawyer up, sue every oil company that ever worked on the property for 10's of millions of dollars, and then have absolutely no responsibility to rehab the land?
Yes or No.
Posted on 5/14/14 at 7:21 am to TheHiddenFlask
quote:
You're such a POS Troll and so is that author.
Do you think it is a good idea to let someone buy a piece of property for $250,000, lawyer up, sue every oil company that ever worked on the property for 10's of millions of dollars, and then have absolutely no responsibility to rehab the land?
Yes or No.
Who is doing the "letting" here? Is it government's job to keep someone from buying land? Is it their job to ensure a private citizen
spends the money they've been fairly paid in a manner that is socially responsible? Seriously?
Do you think its a good idea for industry to be allowed to damage the land and not have to pay the cost of the damage? Seems like we'd run out of land pretty quick.
Posted on 5/14/14 at 7:43 am to SpidermanTUba
Who is this "Big Oil"?
I still can't grasp exactly who this is supposed to be every time you leftists use the term.
I still can't grasp exactly who this is supposed to be every time you leftists use the term.
Posted on 5/14/14 at 8:25 am to SpidermanTUba
There are several problems with this type of litigation. First is a shotgun approach. The drilling company who probably did the damage is almost certainly out of business but everyone who ever went out and did anything on the property is included in the lawsuit. Are they responsible for cleanup just because they are in the oil business?
Second, our system does not require the landowner who is the plaintiff, but who was likely not the owner at the time of the damage, to use the money for the cleanup. It often just goes into the pockets of the new owner and his attorneys. Third, it isn't just big oil who usually gets sued, as the claims include a lot little companies who can't afford to defend, and so are essentially forced to settle.
Should oil companies clean up their mess? Of course. But this may not be the best way to go about accomplishing that.
Second, our system does not require the landowner who is the plaintiff, but who was likely not the owner at the time of the damage, to use the money for the cleanup. It often just goes into the pockets of the new owner and his attorneys. Third, it isn't just big oil who usually gets sued, as the claims include a lot little companies who can't afford to defend, and so are essentially forced to settle.
Should oil companies clean up their mess? Of course. But this may not be the best way to go about accomplishing that.
Posted on 5/14/14 at 8:27 am to SpidermanTUba
To be fair, they did need to do something to fix the legacy lawsuits.
Now the derailing of the levee board lawsuit is bullshite and complete crony capitalism.
Now the derailing of the levee board lawsuit is bullshite and complete crony capitalism.
Posted on 5/14/14 at 8:28 am to SpidermanTUba
quote:
Its all bout dem trial lawyers!
Yeah, trial lawyers are intentionally giving up opportunities to rake in money from oil companies. Good one.
Posted on 5/14/14 at 8:52 am to SpidermanTUba
How much financial benefit do you think attorneys should reap from this situation?
Posted on 5/14/14 at 9:02 am to Poodlebrain
quote:
How much financial benefit do you think attorneys should reap from this situation?
Isn't that up to the free market to decide?
Posted on 5/14/14 at 9:19 am to ragincajun03
quote:Chances are Big Oil = Small Louisiana based independents in NW Louisiana.
Who is this "Big Oil"?
Posted on 5/14/14 at 9:20 am to SpidermanTUba
quote:
Louisiana Legsislature thinks the plaintiff's bar should not line its pockets at the expense of Louisiana's economy!
FIFY
Posted on 5/14/14 at 9:26 am to udtiger
One thing they could do to curb these types of law suits is when the case is settled. The Court orders that the clean up be put up for bid and the defendant pays the winning company and the attorney fees. The plaintiff gets the cleaned up land. No direct money in their pocket.
Posted on 5/14/14 at 9:27 am to dinosaur
quote:
little companies who can't afford to defend
In my experience, it is usually the "little" companies that violate the most environmental rules.
Posted on 5/14/14 at 9:27 am to BayouBlitz
quote:How is a market free when ordinary people are prevented from entering the market? You have to be a member of the bar to participate in the market. Who controls admission to the bar?
Isn't that up to the free market to decide?
Posted on 5/14/14 at 9:29 am to SpidermanTUba
Only state in the union that permits legacy lawsuits where the damaged party can recover more than the value of the land. Terrible judicially created law that is driving O&G companies out of LA.
Posted on 5/14/14 at 9:47 am to SpidermanTUba
Sounds like Honore is bucking for some more publicity. He's got Katrina withdrawals.
ETA: This guy wants to be Patton/Eisenhower so bad he can taste it.
I don't trust smokers who are part of any "green" movement.
Dinosaur makes some really good points. Many times these sites are owned by several small companies, many of whom may no longer exist. Sometimes you'll hook a big oil company who somehow acquired 1/64 of the site through some transaction, but mostly these things turn into giant, overly expensive messes. These sites are usually legacy sites that were created long before any modern O&G environmental regulations any hardly ever had any type of direct "big oil" involvement. I've worked on one of these cleanups before that involved 6-7 PRP's and it is a gigantic, drawn out mess.
I guess the part that I don't understand is that if someone buys the land with knowledge that there was a legacy drilling site present, I always thought the owner assumed all environmental risks associated with the property.
ETA: This guy wants to be Patton/Eisenhower so bad he can taste it.
I don't trust smokers who are part of any "green" movement.
Dinosaur makes some really good points. Many times these sites are owned by several small companies, many of whom may no longer exist. Sometimes you'll hook a big oil company who somehow acquired 1/64 of the site through some transaction, but mostly these things turn into giant, overly expensive messes. These sites are usually legacy sites that were created long before any modern O&G environmental regulations any hardly ever had any type of direct "big oil" involvement. I've worked on one of these cleanups before that involved 6-7 PRP's and it is a gigantic, drawn out mess.
I guess the part that I don't understand is that if someone buys the land with knowledge that there was a legacy drilling site present, I always thought the owner assumed all environmental risks associated with the property.
This post was edited on 5/14/14 at 9:59 am
Posted on 5/14/14 at 9:51 am to SpidermanTUba
quote:
Sen. Robert Adley, R-Benton
He shouldn't be able to create or push bills related to the O&G industry. That is where his paychecks come from. He is not an independent thinker looking out for Louisiana.
Posted on 5/14/14 at 9:57 am to ragincajun03
quote:
Who is this "Big Oil"?
Foster Campbell has made a living off of attacking Big Oil for 30 years.
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