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Message

re: Just how serious is Lake Charles/SWLA about LNG?

Posted on 8/17/23 at 1:32 pm to
Posted by lsu777
Lake Charles
Member since Jan 2004
31441 posts
Posted on 8/17/23 at 1:32 pm to
quote:

Are you an engineer?


yes why?
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15182 posts
Posted on 8/17/23 at 1:33 pm to
quote:

Asking questions is bitching now.


You weren’t trying to ask questions. You were trying to bash Louisiana for ITEP then got schooled on why they are beneficial.

You tried playing different angles and kept catching L’s
Posted by jizzle6609
Houston
Member since Jul 2009
4291 posts
Posted on 8/17/23 at 2:01 pm to
quote:

yes why?


Based on your comments yesterday that is what I figured. When you spoke on the McNeese Engineering program I knew then you had attended.

I bet we know a lot of the same folks.
This post was edited on 8/17/23 at 2:01 pm
Posted by jizzle6609
Houston
Member since Jul 2009
4291 posts
Posted on 8/17/23 at 2:06 pm to
quote:

You weren’t trying to ask questions. You were trying to bash Louisiana for ITEP then got schooled on why they are beneficial.

You tried playing different angles and kept catching L’s



I was not bashing. I simply questioned why other states would not employ the same requirements if ITEP is truly this profitable in the long term, which you and LSU777 both agreed was the case.

I was just trying to understand why Texas would ever allow this considering all the big suppliers are engrained in Texas. Land costs I assume, but who cares at this point.

If everything works out precisely as y'all drew out its a homerun. I hope for the best.
Posted by lsu777
Lake Charles
Member since Jan 2004
31441 posts
Posted on 8/17/23 at 2:31 pm to
quote:

Based on your comments yesterday that is what I figured. When you spoke on the McNeese Engineering program I knew then you had attended.

I bet we know a lot of the same folks.



yea went to LSU and McNeese, prolly know a lot of the same people im sure
Posted by lsu777
Lake Charles
Member since Jan 2004
31441 posts
Posted on 8/17/23 at 2:38 pm to
quote:

I was not bashing. I simply questioned why other states would not employ the same requirements if ITEP is truly this profitable in the long term, which you and LSU777 both agreed was the case.

I was just trying to understand why Texas would ever allow this considering all the big suppliers are engrained in Texas. Land costs I assume, but who cares at this point.

If everything works out precisely as y'all drew out its a homerun. I hope for the best.


other states do. they have like 35 other states that have similar itep programs


and texas gets alot of these projects but not all of them. LA actually has a lot to offer in terms of industry in terms of land, water ways, railways, pipelines, experienced people to run and build these projects etc

Texas has to offer things to get these projects too. Its not as simple as....why would anyone choose to do business in LA over Texas like you are making it out to be.


quote:

If everything works out precisely as y'all drew out its a homerun. I hope for the best.



i mean you have the cameron lng, Sasol, Lotte etc all online and running just off the top of my head that are all ITEP that will begin paying taxes shortly. and all were big booms for the area.

traffic sucked though
Posted by jizzle6609
Houston
Member since Jul 2009
4291 posts
Posted on 8/17/23 at 2:46 pm to
quote:

i mean you have the cameron lng, Sasol, Lotte etc all online and running just off the top of my head that are all ITEP that will begin paying taxes shortly. and all were big booms for the area.

traffic sucked though


Last time I stayed in Lake Charles it looked fantastic compared to what I knew it as back in 2010.

Also, Pats of Hendersons was spot on. I luckily came when it reopened, I always liked that place.
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15182 posts
Posted on 8/17/23 at 8:48 pm to
quote:

I was not bashing. I simply questioned why other states would not employ the same requirements if ITEP is truly this profitable in the long term, which you and LSU777 both agreed was the case. I was just trying to understand why Texas would ever allow this considering all the big suppliers are engrained in Texas. Land costs I assume, but who cares at this point. If everything works out precisely as y'all drew out its a homerun. I hope for the best.


I went back and read your comments on the thread.

Besides a throw away comment, you came in “wondering” if they would benefit from the ITEP for 5 years then re-file for another 5. It was a loaded “wonder”.

Next you moved to the potential property tax if ITEP didn’t exempt them. Next you do bash Louisiana with the “Texas is smart, passing all its dirties to Louisiana. Louisiana seems to be concerned with the short term instead of looking long”

That comment alone proves that you don’t understand ITEP and the long term plan ITEP presents for rural Louisiana.

Continue to bash Louisiana for a few comments then dropped the dumbest response possible for someone who “understands” ITEP. Quoting from those strictly against ITEP with the tax revenue “lost” because of the projects.

Later admit ITEP should go away because “it’s for the best”

Then best of the entire thread is you saying you work in finance, yet the thread easily proved you don’t understand the finances or taxes of ITEP.

After that, you tried to talk budgetary about how to pay for infrastructure prior to year 11. Yet, you still push that the property tax would dwarf all the additional sales taxes and spending in the area by the temp workers but I’d it’s the fact those taxes wouldn’t be there without ITEP.

Next you tried to say these projects should buy locally. When pressed on a single company that can provide anything, anything at all at the volume of these projects, you crawfished. Hell, you even admitted no one locally has the resources.

Then you go back to the property taxes for the land, saying the sales tax collected was immaterial, which through simply math I proved the parish will make near 6x per month in sales tax compared to the property tax for a year prior to the project.

Now we will get close to the end of your stupidity, you state that CP doesnt collect taxes on groceries or drugs. Again, when proven wrong you moved on to environmental concerns.

Finally, you go back to comparing LA for TX, which once again it was shown that Texas too has ITEPs and some huge LNG plants there too.

With your final attempt instead of admitting you were most likely just wrong, at best ignorant, you keep on and say “…Texas can do what it wants…”

Posted by Spankum
Miss-sippi
Member since Jan 2007
56106 posts
Posted on 8/17/23 at 10:00 pm to
I am having trouble figuring out exactly what the function of this place will be. Is it like a trade school for those who want to work in the LNG industry?
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
29233 posts
Posted on 8/18/23 at 7:01 am to
quote:

Is this a joke?


Someone is clueless. Billions of dollars being invested in LNG facilities in SW Louisiana. Billions. McNeese is very wisely capitalizing on this, and as mentioned, building on an already solid engineering program.
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
29233 posts
Posted on 8/18/23 at 7:07 am to
Says he understands ITEP, then proceeds to prove through multiple posts that he doesn’t really have a clue. I spent 20 years working for one of the largest companies to have significant operations in both states, and wouldn’t know where to start with correcting all his misrepresentations. You at least took a shot.
Posted by Motownsix
Boise
Member since Oct 2022
1982 posts
Posted on 8/18/23 at 7:43 am to
I lost a lot of money investing in a Lake Charles nat gas exporting operation. Trump’s lack of an energy plan set the whole region back four years.
Posted by Swagga
504
Member since Dec 2009
16203 posts
Posted on 8/18/23 at 7:49 am to
I love the industrial direction it appears Louisiana is going. Especially in south LA. This is the kind of business we need and have the infrastructure to support.

It may not be as glamorous as getting a startup IT company from Silicon Valley, but there’s a lot of money involved and provides a lot of good paying jobs.
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
29233 posts
Posted on 8/18/23 at 7:49 am to
Venture Global started up just about the time the Ukraine conflict did. They paid off that $6-8 Billion in well under a year (business plan said it would take 5-6 years). They are privately capitalized, so someone or a few someones, made bank.
Posted by lsuoilengr
Member since Aug 2008
4779 posts
Posted on 8/18/23 at 7:51 am to
I need Tellurian to get Driftwood up and running. Come on Souki you can do it!!!!
Posted by lsu777
Lake Charles
Member since Jan 2004
31441 posts
Posted on 8/18/23 at 8:02 am to
quote:

I went back and read your comments on the thread.

Besides a throw away comment, you came in “wondering” if they would benefit from the ITEP for 5 years then re-file for another 5. It was a loaded “wonder”.

Next you moved to the potential property tax if ITEP didn’t exempt them. Next you do bash Louisiana with the “Texas is smart, passing all its dirties to Louisiana. Louisiana seems to be concerned with the short term instead of looking long”

That comment alone proves that you don’t understand ITEP and the long term plan ITEP presents for rural Louisiana.

Continue to bash Louisiana for a few comments then dropped the dumbest response possible for someone who “understands” ITEP. Quoting from those strictly against ITEP with the tax revenue “lost” because of the projects.

Later admit ITEP should go away because “it’s for the best”

Then best of the entire thread is you saying you work in finance, yet the thread easily proved you don’t understand the finances or taxes of ITEP.

After that, you tried to talk budgetary about how to pay for infrastructure prior to year 11. Yet, you still push that the property tax would dwarf all the additional sales taxes and spending in the area by the temp workers but I’d it’s the fact those taxes wouldn’t be there without ITEP.

Next you tried to say these projects should buy locally. When pressed on a single company that can provide anything, anything at all at the volume of these projects, you crawfished. Hell, you even admitted no one locally has the resources.

Then you go back to the property taxes for the land, saying the sales tax collected was immaterial, which through simply math I proved the parish will make near 6x per month in sales tax compared to the property tax for a year prior to the project.

Now we will get close to the end of your stupidity, you state that CP doesnt collect taxes on groceries or drugs. Again, when proven wrong you moved on to environmental concerns.

Finally, you go back to comparing LA for TX, which once again it was shown that Texas too has ITEPs and some huge LNG plants there too.

With your final attempt instead of admitting you were most likely just wrong, at best ignorant, you keep on and say “…Texas can do what it wants…”




dude literally has zero clue

got pissed when i called him a socialist yet he directly quotes from the socialist org together Louisiana.

I dont understand why this is so hard for so many to understand, the ITEP is simple and the kind of government policy you actually want your state to produce.

If you don't have ITEP, you lose every single one of these projects to Texas. Together LA org doesn't understand that. You lose them to Texas because Texas will give them a tax break.

its real simple, LA is competing with 35 other states who have ITEP and specifically with all the gulf coast states for these industrial projects. LNG is the future of energy and SWLA and South LA needs to do its best to position itself to be at the forefront of this.


I mean its funny he brings up Texas and "doing what it wants"....wtf does he think got all those companies to leave NOLA and other areas and move to Houston area to begin with fricking ITEP like programs
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167503 posts
Posted on 8/18/23 at 8:11 am to
quote:

I lost a lot of money investing in a Lake Charles nat gas exporting operation. Trump’s lack of an energy plan set the whole region back four years.




Blame Trump for your poor decision making.
This post was edited on 8/18/23 at 8:12 am
Posted by Odysseus32
Member since Dec 2009
7342 posts
Posted on 8/18/23 at 8:31 am to
(no message)
This post was edited on 3/14/24 at 9:58 am
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
67017 posts
Posted on 8/18/23 at 8:35 am to
quote:

It'll never be ready on time


Hopefully they didn’t forget to include bathrooms in the design.
Posted by JAGuyHeh
Member since Aug 2021
179 posts
Posted on 8/18/23 at 8:40 am to
https://www.mcneesedrewecon.org/drew-econ-report/southwest-louisiana-economic-intel-podcast/

There is a Southwest Louisiana Economic Intel Podcast. I'm hoping they will interview folks from the LNG side of industry.
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