Tax, Royalty, and Regulatory Relief for Oil and Gas Sector

by | Jan 14, 2021

The Louisiana Oil and Gas Association has asked regulators to suspend state severance tax collections for one year, end coastal lawsuits, temporarily waive offshore drilling royalties in the Gulf of Mexico, ease conservation regulations, and find oil and gas reserves that will buy their product, reported the Daily Advertiser. The trade group argues that new OPEC production cuts don’t go far enough to help its members weather the “perfect storm” of coronavirus and the oil price war. Status: LOGA statement issued April 13, 2020.

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Amy Westervelt is the editor-in-chief of Drilled News, creator and host of the Drilled podcast, and founder of the Critical Frequency podcast network, named AdWeek's Podcast Network of the Year in 2019. An award-winning print and audio journalist, Amy has contributed to The Guardian, The Wall Street Journal, and The Washington Post, as well as KQED, The California Report, Capital Public Radio, and many other outlets. She is the 2015 winner of the Rachel Carson award for "women greening journalism," and a 2016 winner of an Edward R. Murrow award for her series on the impacts of the Tesla Gigafactory in Nevada. In 2019, the Drilled podcast won the Online News Association's "Excellence in Audio Storytelling" award.

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Emily J. Gertz is senior editor of Drilled News. A longtime environmental reporter and editor, her work has appeared in HuffPost, Reveal, Arctic Today, The Guardian, Popular Science, Scientific American, Sierra, and more.