“Welcome First Step in the Right Direction”
BATON ROUGE, LA (April 22, 2020) —
“We are grateful that Governor Edwards has recognized the severe crisis that is facing the industry and has heard our calls for severance tax relief,” Louisiana Oil & Gas Association (LOGA) President Gifford Briggs said. “The decision to delay severance tax payments and provide temporary relief to the industry is a welcome first step. We look forward to continuing to work with the administration and the Louisiana Legislature on additional measures to help small and independent producers, service companies and the thousands of hard working men and women that make up the industry. We need bold, decisive action in order to survive. We fully support efforts to re-open the economy as safely and quickly as possible as outlined by President Trump and the Centers for Disease Control. We need to expand severance tax relief to include a suspension of severance taxes and bring an end to the government sponsored-coastal lawsuits. Companies can ill afford to be spending resources paying lawyers instead of making payroll.”
About the Louisiana Oil & Gas Association
The Louisiana Oil & Gas Association was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. LOGA’s primary goal is to provide our industry with a working environment that will enhance the industry. Find out more information at: http://www.loga.la
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