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WWL>Topics>>2-26-14 11:10am Garland: on oil companies & the wetlands

2-26-14 11:10am Garland: on oil companies & the wetlands

Feb 26, 2014|

Garland talks with Louisiana Oil & Gas Association Vice President Gifford Briggs about the lawsuits pending against oil companies over wetlands preservation.

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Automatically Generated Transcript (may not be 100% accurate)

-- got limited time on their shows -- -- give rise to. Talking about -- a roll again association. And pursued by Hogan's attorney general buddy Caldwell. That involves a case of provides round the procedures room and subtleties to -- of flood protection or. East flood protection authority the it's hiring attorneys were -- oil and gas companies from coast. We tried to get Don Briggs who heads up and we general on gifts of execution. He couldn't make it -- -- Briggs vice president. Of that organization -- welcome to show. Understand Europe. Got a meeting to -- so we don't have all the time don't tell me your side were trying to. -- slogans to have their side. Tell me what you can. We're sure and and and good morning and and thank you for the opportunity to to be on mr. -- and to talk to you -- and you know before we before we get started you know there's a lot of information misinformation out there like declare -- particularly as it pertains to. You know -- position particularly on. The the legal climate and you know how it affects oil and gas industry. If there was a study done in and by L issue in 2012 but -- she's an effort energy studies. That talks about the impact. Legacy lawsuits. -- an investment. And drilling in this state of Louisiana and that's studies said that in the past eight years in 2005 to 2012. That over 12100. New wells were not thrilled because of legacy lawsuits. And that resulted. In a state wide reductions of six point eight billion dollars investment. In over 30000. Lost jobs directly because as the legal environment. And the state of Louisiana. You know in 2012. And 2011 legislation was discussed. In order to try and brings some sort of reasonable approach these legacy lawsuits. In both of those -- does situations. I'll look at members and one time it was a company -- and -- -- another autos in the down working partners testified to the impact of this is having on their company. That they weren't able to make investments because of the legal bar a gallon working partners was being denied environmental insurance. Because of the legal environment that they can get that. Insurance in Mississippi in -- get the insurance. And in Texas or North Dakota or Pennsylvania but they were being denied that environmentally insurance in Louisiana. Because. That legal bar. And just recently in December the American Tort Reform Association. Issued their judicial hell -- report and that report for a long time Louisiana -- -- on the watch list. And because. A lot of the litigation issues that we long term base in Louisiana. But because the additional lawsuits about a flood protection authority. And also by the parishes. That -- in the Louisiana from the watch lists to the number two judicial hell holes in the United States. And our members are companies who have partners and investors from around the country when they are looking on where to invest those dollars. They see the lawsuits. They seen this report by the American Tort Reform Association and the US chamber in Louisiana house of perception. That we are a litigious and bar. And that's doing the oil and gas industry is something that goes on in the week you know more so then goes on everywhere else and because the these companies are taking their investment dollars. They're drilling for the Tuscaloosa marine shale in Mississippi. -- drilling all the protections they're drilling you know in North Dakota Pennsylvania -- they've never been before. Instead of investing in Louisiana and that's hurting our jobs that is hurting our failings it's hurting our neighborhoods. And you know it's resulting in less money being available at the state government level. Which I'm sure that you know you -- talked about more than one you know those are dollars that goes directly towards health care and education. We did of course let -- dollars for health care and education in this state at this time and so. Aren't we river Oregon. The time that was told with the let -- -- one final -- for an -- ago. Here in the Scopes were originally bootable always wondered about. When that went a look at -- the graph. Apps on the oil pipes and and infrastructure out of the gulf -- in the web. He had it looks like spider webs on top who's getting on top spot at. If most of south Louisiana -- -- way general against companies do business here. Well you know -- very familiar with with those maps and you know Louisiana. Is the energy statement 50%. He has no oil there and and the energy that powers and nations to come to light -- -- you know. Put it that -- -- I can't comment on whether or not the pipeline -- structure remains in place and and how that all goes away bit. You know we have a strong and longstanding. About a million a million bar card companies. Are good hour and structured to do business sense for them. Yeah most of New Orleans gold and -- Louisiana's. And you can you guys still do business. Well forget the infrastructures so let's say it's pleased. Are companies who want to invest our dollars where where there is an opportunity. And -- to make and it took to produce resources. And in -- responsible and environmentally safe manner and we have a longstanding commitment to embark. Our company's plan. You know Apache commit planted over one million trees in coastal Louisiana and we're gonna remain committed. Two echoes for the longtime scout. You know the coastal master planned. That's been. Put together -- -- states had a lot at stake over to the table. The oil and gas -- industry and that the table with the state with a bearish as with the communities putting together this holistic approach. To restoring and protecting our -- And we're going to move forward protecting Louisiana's coast that's the best. Have that we have at least state the community in the country to be able to accomplish that. Gifford. And of we broad and tore roan times. -- -- tell you wanna come back going and responded this that that's what were your forward Troy and other understand bold challenge to go. I appreciate the opportunity have a great day. -- aren't coming right back double going to be a big age seventy and of five to reappear --

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