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Coastal News Today | USA - Fixing Abandoned Offshore Oil Wells Can Create Jobs and Protect the Ocean

Abandoned and orphaned offshore oil and gas wells are costing taxpayers billions and the Biden administration can take immediate actions to address this ecological and financial crisis.

Viewpoint: New Orleans wins big with 2022 NCAA Men s Final Four

New Orleans’ reputation as a world-class destination for sports tourism will be on full display next week (April 2-4) when thousands of fans and players descend upon the city for the 2022 Men’s Final Four in the Caesars Superdome. It will be the sixth time that the Men’s Final Four has been held in New […]

LOUISIANA: Oil Co Fined for Longest-Running U S Oil Spill

Oil spill helped billionaire Phyllis Taylor avoid paying income tax

It’s been an environmental nightmare for the region but a massive tax bonanza for Phyllis Taylor, the owner of Taylor Energy and the fallen rig.

Coastal News Today | LA - Taylor Energy Company to Pay Over $43 Million and Transfer $432 Million Decommissioning Trust Fund to the United States for Gulf of Mexico Oil Spill

Taylor Energy Company LLC (Taylor Energy), a Louisiana oil and gas company, has agreed to turn over all its remaining assets to the United States upon liquidation to resolve its liability for the oil spill at its former Gulf of Mexico offshore oil production facility the source of the longest-running oil spill in U.S. history, ongoing since 2004.

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