Louisiana Oil and Gas Association President Mike Moncla’s reaction to a 745-million-dollar verdict against Chevron to restore wetlands that a Plaquemines Parish jury said the energy company destroyed…

Cut 13 (07) “…killed it”

There are 40 other parish lawsuits against energy companies and Moncla says these frivolous lawsuits will keep oil and gas companies from doing any kind of production in coastal inland waters.

The Pelican Institute for Public Policy conducted a poll to find out what voters want to see lawmakers address in the upcoming legislative session. Pelican Institute CEO Daniel Erspamer says rising insurance costs is a major concern, with 54-percent strongly agreeing that lawsuit abuse is a factor…

Cut 6 (08) “…that fix”

The state legislature convenes a two month long regular session on Monday, among the bills they will take up are ones that would tax consumable hemp products. Thibodaux Representative Bryan Fontenot is proposing raising the tax on hemp products from three percent to 15-percent, while Monroe Representative Mike Echols is proposing raising it to 20-percent. Echols says there are multiple purposes behind his proposed hemp tax rate.

Cut 7 (11) “…an addiction disorder.”

But Joe Gerrity, the CEO of Crescent Canna, which produces THC edibles and drinks, opposes the tax increase. He believes his industry is being unfairly targeted …

Cut 10 (15) “….is even better”