If Only We Had a Governor Who Wasn't Intent on Killing the Oil and Gas Industry

Photo source: Rigzone

Photo source: Rigzone

As reported numerous times, the “Honor Code” of a governor that we have in the State of Louisiana is intent on destroying the strongest industry we have here in this state, oil and gas. This former trial lawyer has time and time again, with the help of his crony buddies, sued deep pocketed companies:

We shouldn’t be surprised Edwards would go after deep-pocketed companies as governor when that’s what he did for a living before he became a politician. And after all, he is a Democrat, the party known for rewarding trial lawyers who generously give campaign contributions. The trouble with trial lawyers is that for the most part, they suck the life out of the economy. But if your focus isn’t the strength of the economy, but instead growing state coffers with large chunks of cash from lawsuits, Edward’s bent toward litigation is the perfect strategy.

LOGA came out last year as well stating we cannot take another Edwards term in Baton Rouge:

"He sent letters to all the coastal parishes, saying, 'Sue the oil industries, sue them all, and if you don't sue them,' he told them, 'I will.'"

Now we have the latest coming from our neighbors to the west:

To put Texas oil production in perspective, if it were a country, it would be the world's third oil producer sometime this year, behind only Russia and Saudi Arabia, HSBC said in a report. The main engine of Texas oil output is the Permian basin that spans West Texas and southeastern New Mexico and is one of the most prolific oil and gas producing regions in the U.S. The Permian Basin is approximately 250 miles wide and 300 miles long, across West Texas and southeastern New Mexico. It encompasses several sub-basins, including the Delaware Basin and the Midland Basin.

If you’re dependent on the oil and gas industry to support your families and you continue to defend this governor, you need your head examined.

Looks like the best place for a Louisiana citizen to continue to make a living in this industry is in Texas.

Posted on February 13, 2019 and filed under John Bel Edwards, Louisiana, Oil and Gas.