Letting locals vote on CO2 storage approval rejected in Louisiana Legislature

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When a project affects an entire community, the community deserves a voice,” Johnson said in support of his bill

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You silly little man...this is Louisiana. The politicians' pocketbook is the only voice they hear

Just some Good Ole Boys never meaning no harm…..

The lobbyist money must be astronomical.

Almost all of the reps are telling their constituents to frick off.

Let's make those that vote for it go live by it.

I think Schamerhorn and others have presented similar bills and they were also snuffed out. Apparently, if you oppose this, you are ignorant and are lying about it. BTW, this is funded by the BBB. It is essentially oil company welfare.

the biggest lie Americans have ever believed in the last 100 years is that we have a voice

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I get that the state needs industry to locate here

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then the legislature should get away from the ITEP model and write laws that don't require tax abatement approval for each project. Let businesses figure out their own math on the front end, without having to line pockets of the people that give them tax breaks. It's all a grift.

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Reminder…Letlow supports this and her fiancé is a lobbyist for this.

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A US Senator has no bearing. This is all LA DNR regulated already just like oil and gas.

Fleming took the anti CCS crowd for the dim bulbs most are and acts like he can do something about it.

Try Harder. You sound like an Abita Hippie anti drilling for oil.

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It’s good for a few majors and is going to effectively lock up large swaths of minerals in perpetuity.

Not good for any smaller operators that might have interest in drilling here in the future.

The excuse is that the production is depleted, but that’s bullshite.

They ran off all the drilling with legacy lawsuits.

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Barge rigs have been sold off for that reason, most went to Nigeria. Hillcorp still has two drilling north of Mobile.

A small indie owned by a friend who helped flip Texas to the GOP starting in the 1960s and with non operating interests internationally allowed me to sit in on the president's presentation to him on a park bench on the MIssissippi River in NOLA a decade ago. I didn't know the name but this was a major subsalt natural gas reservoir with Chevron and MacMoRan as major partners. So as the find was described as well as the cost to drill each well outlined, 11 wells, for at least 500 billion cubic feet of natural gas recoverable with the largest drilling rig in the world under contract, he opted to sell his 15% share down to at least 5%. Due geology the wells could cost X amount of dollars or 10X per well.

The CO2 is already being sequestered in two area near Baton Rouge. Most of it and the pipeline infrastructure is in South Louisiana. It's really Mid state folks who have maybe 10 acres who think the government is going to take their land to give it away because the likes of Gen Honore, Soros and NOLA envirowhakcos are telling them that is what is happening.

Hell, I am more concerned about the loss of rice fields than anything else. CO2 might help those farmers make a living.

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Barge rigs have been sold off for that reason,

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Tell me about it. I'm looking for a barge and a jack-up to drill in 90 feet and 16 feet of water. Can't get a barge rig until late December at the earliest.

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The CO2 is already being sequestered in two area near Baton Rouge.

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Yeah...Exxon paid Denbury something like 4 billion to make some of that happen.
I negotiated one in St. Landry. Several large land owners there and Point Coupee are concerned. Much larger land owners than Lacassine Co. I don't know how much Spook and Matilda leased.

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Hell, I am more concerned about the loss of rice fields than anything else. CO2 might help those farmers make a living.

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Don't worry. Henning will buy it all.

It's going to be a tough year for them. They get their payment in November though. The ones with cattle are doing well. Crawfish season was pretty good for them as well. A couple of them around your boy at Lacassine Co. have rice headed out and will be cutting soon. That's insane.