The letter from John Barry on April 15 takes Quin Hillyer to task for his column, saying that the coastal lawsuit by the flood protection authority and parishes is wrong. Sen. Landrieu is correct in stating that the lawsuit is not the way to go. It will impede efforts to secure an increase in the revenues from offshore revenues and other governmental sources of revenue for coastal restoration.
Much has been made by columnists, some publications, the lawsuit proponents and environmental groups that, in a deposition, the question of how many companies have left Louisiana could not be answered. Ninety percent of the drilling in the U.S. is done by independents, Little Oil. To determine what investments were made in other areas and not Louisiana would have to be determined by a survey of the independents drilling in the Eagle Ford of South Texas, the Bakken of North Dakota and Montana, the Marcellus of Pennsylvania and West Virginia, the Utica of Ohio, the Woodbine and other big plays in West Texas and New Mexico. Investment decisions are made based on the legal and tax environment of a state and other considerations. An unfriendly place to do business does not invite new investments.
The legislation now being considered in Baton Rouge should be passed so that the nonsensical lawsuit that will hurt Louisiana can be put out of its misery.
Wayne Blankenship Jr.
oil and gas independent