re: Carmouche law firm has filed 42 lawsuits against 100 Oil and gas companies.

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They are sacks of shite, nothing but a colossal money grab that’s being endorsed by jbe. If they really cared about the environment and the people responsible for the extensive coastal erosion, they’d sue the feds for the Mississippi River levees that are largely the ones responsible. Would love for this to be thrown out and all the money they spent getting jbe elected and attempting to stack the state Supreme Court will have been wasted.

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Can we agree the erosion is from some combination of O&G activity and the river being diverted and not redepositing silt?

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Can we agree the erosion is from some combination of O&G activity and the river being diverted and not redepositing silt?

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sure.

75% because of levees
20% natural subsidence
5% because of O & G

The state is suing O&G firms because decades ago the firms followed rules created by the states and it resulted in the destruction of coastline and wetlands. Now the state is retroactively suing the firms for damages because they followed the bad laws and select Louisiana residents suffered as a result.


It’s a giant slap in the fricking face to the rule of law, and should scare the shite out of every firm considering investing in Louisiana. If you can be retroactively held accountable for following old laws that have since changed, there’s virtually zero way to calculate the risk that any investment will expose your firm to. So no one has an incentive to invest.



It’s just more dumb-frickery from our short sighted politicians who don’t understand the absolute basics of business. These lawsuits are flat out terrible for Louisiana.

Sounds like the O&G Lobby cut back their spending on politicians and the trial lawyer lobby and GumboPAC outbid them for said politicians’ “loyalties”.

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I'm going to take a wild guess and assume the basis is that canals allowed saltwater intrusion into the wetlands.

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My problem with this is the gov't said you can do this. And decades later want to change the price from the original agreement.

You can't sale a car and then sue for more money decades later, above what was originally greed upon.

Now i do seem to recall that they were suppose to put things back when finished but that might be wrong.

Must’ve run out of private clients sitting on legacy fields...it’s really the last thing people in south Louisiana can extract from o&g as the industry has moved on mainly due to the lack of unconventional opportunities than the legal situation...an example would be a bunch of big cos (mro, cop, EOG and Statoil) storming back in for the now failed chalk play.