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Category Archives: Business
The choice facing Louisiana lawmakers over so-called “legacy lawsuits” against oil-and-gas drillers isn’t nearly as complicated it sounds. Between now and the end of their session next month, legislators in Baton Rouge still have a chance to do the right thing. They can protect the rights of property owners — everyday folks like you and me — to force oil and gas companies to pay the mounting clean-up costs for the toxic [...]
Read More »It was billed as the “greenest Games ever.” Hailed as the most environmentally friendly Olympics since the Greeks raced chariots through the streets of Athens (or some such equally ridiculous claim). In 2007, the Olympic Delivery Authority (ODA) – with then-Prime Minister Tony Blair’s full support – promised to ensure preparations for the London 2012 summer Olympics would be made with unprecedented deference to environmentalism and sustainable development. Well, as [...]
Read More »Federal prosecutors have arrested a former BP engineer for intentionally destroying key evidence detailing how much oil was spewing into the Gulf of Mexico from the blownout Macondo Well in the early, chaotic days of the disaster in the spring of 2010. The criminal complaint unsealed Tuesday charges 50-year-old engineer Kurt Mix with two counts of obstruction of justice for deleting hundreds of text messages from his iPhone, the most [...]
Read More »Louisiana oil companies suffered a major setback last week in their effort to restrict lawsuits brought by property owners seeking cleanup of land and groundwater contamination left behind from decades of drilling operations. With hundreds of millions in environmental cleanup costs at stake, neither side is pulling any punches in the fight surrounding “legacy lawsuits,” which has now spilled into the state legislature (see links to my previous related posts [...]
Read More »Oil companies in Louisiana are facing hundreds of millions of dollars in environmental cleanup costs, but not if state Representative Neil “Mr. Oil” Abramson can help it. This week, Louisiana state lawmakers began considering legislation surrounding so-called “legacy lawsuits” – property-owner claims against oil companies for failing to clean up a “legacy” of land and groundwater contamination left behind from decades of hazardous production operations. The fireworks have already begun, [...]
Read More »The Louisiana legislature will consider a flurry of industry-backed bills in the coming weeks – all of which aim to inhibit the right of property owners to sue oil companies for failing to clean up a “legacy” of land contamination left behind from decades of hazardous production operations. As the legislative battle surrounding “legacy lawsuits” comes to a head and our elected officials must choose between supporting the contractual rights [...]
Read More »Forces are gathering in Louisiana. On one side are oil companies and their boosters in the state government. On the other side are landowners with property long contaminated by toxic oil sludge – an insidious industrial witch’s brew of dangerous chemicals from lead to benzene to radioactive radium-226. Landowners, who leased their private property to oil producers, are now suing those companies for contaminating their land. In all too predictable [...]
Read More »More upside down priorities from the western fracking front. In drought-struck Colorado, oil and gas companies will have plenty of water for their fracking operations this summer, but farmers may not have enough to irrigate their crops. It seems our insatiable thirst for fossil fuel is now even trumping our most basic need for food. Can you eat natural gas? Consider this from an April 2 Denver Post report by [...]
Read More »For decades, oil companies in Louisiana – the backbone of the Gulf Coast’s oldest and wealthiest industry – indiscriminately and with impunity contaminated private property with highly toxic chemicals ranging from lead to benzene to radioactive radium-226. Landowners are now suing the responsible companies, in a breed of cases called “legacy lawsuits,” for environmental damage that presents grave health risks and destroys the value of the property. These are lawsuits [...]
Read More »It’s hard to imagine how BP’s reputation in the Gulf of Mexico could get any worse, but a hearing in federal court in Houston yesterday proved that anything is possible. A whistleblower, by way of his attorney, has warned the federal government that if BP’s Atlantis oil platform – the oil giant’s second-largest Gulf producer – is allowed to continue to operate under current conditions, it could result in a [...]
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