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Gov. Landry signs bill to "Unleash Louisiana's Coastal Energy Production"

Posted on 6/25/25 at 8:23 pm
Posted by ragincajun03
Member since Nov 2007
29244 posts
Posted on 6/25/25 at 8:23 pm
quote:

LAFAYETTE, La. (KLFY) — Gov. Jeff Landry was in Lafayette this morning to sign a series of bills related to oil and gas, which Landry says will “unleash Louisiana’s coastal energy production.”

Beginning with HB 644 which Landry called the “big beautiful bill,” which, among other things, ended the legacy lawsuit that Landry says has been an issue for the industry for years.

SB 244 reorganized the Department of Natural Resources, establishing the state Department of Conservation and Energy, placing the governing of water resources at the state level.

Additionally, HB 600 will reduce the rate of severance tax on oil produced from newly completed wells from 12.5% to 6.5%.

Landry said these bills together mean growth for the industry and growth for Lafayette.

“Lafayette was always recognized as the Hub City,” Landry said. “Why? It’s the Hub City for oil and gas. We want Lafayette to be that city again. We want people to come to Louisiana and then to settle in Lafayette, in the energy sector. Because why? We stand at the crossroads between I-49 and I-10. What a great way to reach all of Louisiana.”


LINK

Truck fricking Nuts for Everyone.
Posted by slackster
Houston
Member since Mar 2009
91838 posts
Posted on 6/25/25 at 8:30 pm to
quote:

Because why? We stand at the crossroads between I-49 and I-10. What a great way to reach all of Louisiana


*future I-49 full of brand new J-turns and all.
Posted by tigerinthebueche
Member since Oct 2010
38059 posts
Posted on 6/25/25 at 8:47 pm to
Gov Landry tries sucking big oil dick after bending them over in court. Story on 9News.


This dude is quickly becoming the worst, slimiest cocksucker governor that I’ve ever seen as a lifelong resident. Zero integrity. Never thought I’d see someone worse than JBE, but Landry may surpass him.
Posted by ragincajun03
Member since Nov 2007
29244 posts
Posted on 6/25/25 at 8:55 pm to
quote:

Gov Landry tries sucking big oil dick after bending them over in court. Story on 9News.


Quite interesting, ain't it.

Wonder if Carmouche had to approve his statements for this article.
Posted by RougeDawg
Member since Jul 2016
7625 posts
Posted on 6/25/25 at 8:56 pm to
quote:

Landry called the “big beautiful bill,”


Odds Landry masterbates to Apprentice reruns?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
78478 posts
Posted on 6/25/25 at 9:00 pm to
quote:

Additionally, HB 600 will reduce the rate of severance tax on oil produced from newly completed wells from 12.5% to 6.5%.



Is the dumb fricker afraid all the oil will move to Texas to be drilled?
Posted by KamaCausey_LSU
Member since Apr 2013
17701 posts
Posted on 6/25/25 at 9:05 pm to
quote:

Additionally, HB 600 will reduce the rate of severance tax on oil produced from newly completed wells from 12.5% to 6.5%.

Keep this kind of stuff in mind when Landry tries to blame other things/people for the GATOR program failing.
Posted by ragincajun03
Member since Nov 2007
29244 posts
Posted on 6/25/25 at 9:14 pm to
quote:

Is the dumb fricker afraid all the oil will move to Texas to be drilled?


Ehh...I think we have one of the higher severance taxes on this vs. our neighbors. Oil won't migrate, but maybe some thought is that down the road when companies are having to look at Tier 3 & 4 prospects, like finally diving in deeply and taking real chances on Austin Chalk, Louisiana won't be intentionally avoided.

Who knows if this helps, but that's the thinking behind the move. We'll see....
Posted by Bigfishchoupique
Member since Jul 2017
9607 posts
Posted on 6/25/25 at 9:22 pm to
quote:

“Lafayette was always recognized as the Hub City,” Landry said. “Why? It’s the Hub City for oil and gas.



I don’t know where Landry comes up with this shite. Everyone knows they call it “Hub City” because of Hub City Diner.
Posted by MarsellusWallace
504
Member since Apr 2022
568 posts
Posted on 6/25/25 at 9:55 pm to
I thought Hattiesburg was the Hub City. What do I know?
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 6/25/25 at 9:59 pm to
quote:

Is the dumb fricker afraid all the oil will move to Texas to be drilled?

Man, I was thinking the same Quite a slash to get a bit of political clout
Posted by TigerAllNightLong
Member since Jul 2023
1161 posts
Posted on 6/25/25 at 10:03 pm to
quote:

We want Lafayette to be that city again. We want people to come to Louisiana and then to settle in Lafayette, in the energy sector. Because why? We stand at the crossroads between I-49 and I-10. What a great way to reach all of Louisiana.”

So just like Blanco, we have a Gov that only represents Lafayette.
Posted by RIPMachoMan
Member since Jun 2011
9082 posts
Posted on 6/25/25 at 10:05 pm to
quote:

Odds Landry masterbates to Apprentice reruns?


Hard to not see the cringe. It’s wild
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41102 posts
Posted on 6/25/25 at 10:39 pm to
Can any of these new workers afford home and car insurance in Lafayette?
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