re: Louisiana Coastal Erosion.

quote:

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I just want La to start getting their fair share of offshore oil and has royalties NOW.

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This will ultimately have zero impact on Louisiana. Louisiana gets around $5 to $10 billion in extra funding a year from the Feds but the O&G revenues will only bring the state $3 or $4 billion.

I'm sure the Feds will simply send less money to the state, so it'll offset. It's good from a long-term security standpoint because then you don't have to worry about it being taken away.