Federal goverment looking at our coast a little closer
Our View - Oct 26, 2006
This week’s settlement between the state and federal government on offshore mineral lease sales brings Louisiana closer to the possibility of getting more offshore oil revenue.
The settlement stops all such sales until the feds can assess the damage done to our coast from Hurricanes Katrina and Rita. Hopefully they will see that providing Louisiana more of the royalties from those sales will help us repair our wetlands.
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