Congressman Clay Higgins issued the following statement regarding the oil and gas industry in Louisiana this week:
“My office has pushed for royalty relief on the federal level since coming to Congress. Lowering or waiving rates encourages oil and gas exploration and production in the Gulf of Mexico. I’m uplifted that royalty relief is receiving serious consideration from President Trump and his administration, and I’m grateful for their continued efforts to eliminate overly burdensome regulations. Further, Obama-era bonding requirements are incredibly damaging to offshore energy production. They must be repealed. We are working closely with the President, and my office is doing everything possible at the federal level to support the oil and gas industry. We intend to bring energy jobs back to Louisiana.
"The Executive Branch in DC is working with our congressional office to bring solid oil and gas jobs back to the Gulf Coast. I’m prayerful that the Executive Branch in Baton Rouge will allow these jobs to flourish in Louisiana by pushing back on the toxic legal environment, which has targeted the oil and gas industry in our State and stifled economic growth.”
