Today sees another round of Gulf of Mexico oil and gas plot leaks go up for sale, and those in the industry are hoping for a much better result than last time. Kevin Barnhart has more.
Cut 1 (31) “I’m Kevin Barnhart”
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A Jennings teen has been sentenced to fifty-five years behind bars. Kevin Barnhart has the story.
Cut 2 (29) ”I’m Kevin Barnhart.”
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This year’s medicinal marijuana crop has had it’s expected ship date pushed back to November. Matt Doyle has more.
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The feds will be holding another auction of leases for oil and gas plots in the Gulf of Mexico today, with Louisiana industry members hoping for a more substantial result than the previous sale this year. Industry analysts say the last bid was disrupted by uncertainty surrounding royalty rates. Tulane Energy Institute Interim Director Eric Smith says there’s reasons to be optimistic it’ll be bigger sale this time.
The plots are used by major oil companies to initiate Gulf of Mexico resources drilling. Generally larger numbers of purchased plots at the auctions indicate increased economic activity in the industry.
But Smith cautions that the bid likely won’t be a barn burner, because it’s still less economical to drill over water than it is to set up shop on land.
There’s currently 20 rigs operating in the gulf, up from 12 in March, but that’s still a far cry from past decades peaks. Smith says the plots that are purchased likely won’t be shallow water leases, which drive much of the Acadian economy.
The last cycle only saw one percent of the 77 million acres available bid on.
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LSU’s quarterback situation is raising eyebrows as not one, but two of the four scholarship QBs on the roster were M-I-A for practice on Tuesday. The noticeable absence of junior Justin McMillan and redshirt freshman Lowell Narcisse was a topic of discussion between James Moran and Cody Worsham on the most recent edition of Tiger Rag Radio. Narcisse has announced he’s transferring. Moran says if McMillan were to split, he could hit the gridiron elsewhere immediately.
Cut 7 (11) “…play right away.”
Compared to the speculation of McMillian hitting the road, Moran says of the departure of Narcisse is much more of a surprise.
Cut 8 (08) “…a little bit more.”
Worsham says he’s got a theory as to who may pop up as the next in line if neither of the two ghosted QBs come back.
Cut 9 (13) “from Tennessee Tech.”
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A Jennings teen has been sentenced to fifty-five years behind bars. Parker Gary, now 19, was accused of shooting his grandfather, Warren Gary, in his sleep and obstruction of justice in the murder of Dedrick Gant. District Attorney of the 31st Judicial District, Michael Cassidy explains the case’s brutality justified the substantial sentencing.
Cut 10 (10) “…two separate cases.“
Cassidy says the teen caught forty years from the death of his grandfather and breaks down the math on how he got a total of just over half a century in the clink.
Cassidy says the family agreed with the sentence.
Cut 12 (10) “…at the same time.”
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The Ag Commissioner is meeting today with the marijuana grower tasked with providing medicinal cannabis in the wake of news that this year’s crop is being delayed until November. The pot’s producer, GB Sciences, is blaming the delay on resistance from the Department of Agriculture, but Ag Commissioner Mike Strain says that’s just not true.
Strain says the organization needs to clear the state police background checks, turn in all their paperwork (he says he’s been receiving crucial pieces as late as yesterday morning), and provide standard operating procedures before the will be permitted to develop at a full site.
GB Sciences says their paperwork is in order, and they’ve resubmitted the proper forms, and have been begging for a meeting with the Ag Department, but haven’t been able to get a sit down to hash out the difference, but Strain, speaking yesterday, says they’ve been in frequent contact about what is needed.
The final, distributed product must be in pill or oil form, and not the generally imagined smokable version.
The holdups are starting to frustrate the pharmacies who’ve been authorized to supply the product in Louisiana. Greg Morrison, who owns the license for Northeast Louisiana, says the uncertainty surrounding the start dates are costing businesses money. He says pharmacies just want clarity on when their patients will get access to the treatment.
Strain says GB has been given provisional approval to begin growing in a temporary facility while the regulatory process continues on a longer term permanent lab.
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Nick Brossette enters his fourth season at LSU after being overshadowed by featured backs Leonard Fournette, and Derius Guice. Brossette has had few opportunities with one of his most memorable snaps being an unfortunate fumble against Troy last season. Brossette says with all that in mind he is walking into this season with a chip on his shoulder…
Brossette says playing behind renowned running backs like Fournette and Guice will add to his arsenal as a team leader…
Brossette says if he can have a big senior season it could result in him getting drafted in the NFL…
The first game of the LSU season will be in Baton Rouge September 2nd against the Miami Hurricanes.