Compromise reached on 'legacy lawsuits' debate
Lawmakers this morning announced they've brokered an agreement in an ongoing dispute between the oil and gas industry and landowners over how to address "legacy lawsuits" centered on cleaning up environmental damage caused by drilling projects years...
DATE: May 17, 2012 | CATEGORY: Daily Report
Vt. becomes first state to ban fracking
Vermont Gov. Peter Shumlin has signed into law the nation's first ban on hydraulic fracturing—better known as fracking—a hotly debated natural gas drilling technique that involves blasting chemical-laced water deep into the ground. The...
DATE: May 17, 2012 | CATEGORY: Daily Report
SU System audit notes problems with waiver program
An audit of the Southern University System for the fiscal year that ended last June says there's no evidence that students at the Southern Law Center in Baton Rouge, as well as those at the New Orleans and Shreveport campuses, were informed in a...
DATE: May 14, 2012 | CATEGORY: Daily Report
Prison email latest piece of disputed evidence in Saints bounty scandal
An email from an imprisoned friend of the New Orleans Saints coaching staff with a postscript saying, "put me down for $5,000" on Green Bay quarterback Aaron Rodgers has become another sore point between players being punished for the Saints' bounty...
DATE: May 11, 2012 | CATEGORY: Daily Report
A dispute among neighbors
Nucor's planned steel facility in St. James Parish, if fully built out as announced, will consist of five phases and a $3.4 billion investment supporting about 1,250 jobs, creating an economic ripple effect that would impact the Capital Region.
DATE: April 30, 2012 | CATEGORY: Current Issue
Stanford investors seek liquidators pact on claims process
A group of Stanford International Bank Ltd. depositors have asked a U.S. judge to order the receiver he appointed and rival bank liquidators selected by a Caribbean court to collaborate on a process to pay victims of R. Allen Stanford's $7 billion...
DATE: April 27, 2012 | CATEGORY: Daily Report
Legacy lawsuits
David Russell is president of McGowan Working Partners, a Jackson, Miss.-based oil and gas company that has operations in about 20 oilfields in Louisiana. He says his firm was once sued for $725 million over environmental contamination at a site it...
DATE: April 16, 2012 | CATEGORY: Current Issue
News roundup: Proposal would rewrite La.'s right to bear arms … N.O. council may take up bar noise dispute Thursday … Fed officials worried job gains could fade
Get your gun: A Senate judiciary panel has supported a rewriting of Louisiana's constitutional protections for the right to bear arms, despite concerns it could nullify most gun restrictions in the state and could open the door to...
DATE: April 03, 2012 | CATEGORY: Daily Report
Oil and gas association rejects administration's legacy lawsuit proposal
A so-called legacy lawsuit compromise suggested by Louisiana Department of Natural Resources Secretary Scott Angelle favors trial lawyers over oil and gas companies, Louisiana Oil & Gas Association officials say. LOGA says cleanup plans should be...
DATE: April 03, 2012 | CATEGORY: Daily Report
Obama says world oil supply adequate to toughen Iran sanctions
President Barack Obama is moving ahead with tough new sanctions aimed at squeezing Iran's oil exports, having determined there is enough crude on world markets to take the step without harming U.S. allies. Obama's move allows the United States to go...
DATE: March 30, 2012 | CATEGORY: Daily Report
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