Louisiana looks to encourage drilling in coastal watersIncentives similar to those offered by federal government in Gulf’s deeper waters considered as a way to encourage drilling deeper prospects in state waters Cain Burdeau Associated Press Writer
A state senator wants Louisiana to consider tax breaks to encourage oil and natural gas companies to drill in the state’s coastal waters.
In the past decade drilling has declined in the state’s coastal waters — which extend three miles offshore — because much of the drilling activity moved farther....
[additional news subjects in this story]
Old drilling damage an issue Mitigation funds could be required
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