The Monroe News-Star reports that U.S. Sen. Mary Landrieu has asked the Environmental Protection Agency to lift its November suspension of oil giant BP’s ability to secure new federal contracts, including oil leases in the Gulf. The Louisiana Democrat says the EPA doesn’t have the authority to regulate the oil and gas industry, according to the newspaper. She says such arbitrary action against BP could “have a chilling effect” on other companies’ desire to drill in the Gulf.

landrieuThe EPA stepped in as a result of the 2010 Deepwater Horizon disaster that killed 11 wokers and created the worst oil spill in the nation's history.

“I’m furious and strongly opposed to the EPA’s authority for suspension and disbarment,” Landrieu said Tuesday. “I’m angry that this agency would put a business in a situation of what amounts to double jeopardy.”

Read the story here.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

feed-image RSS Feed
Loading
Chart
ABiz Stock Watch
o Home Bancorp 22.64 ▲0.14 (0.62%)
o Frank's International 20.60 ▲0.22 (1.08%)
o IberiaBank Corp 65.98 ▼1.17 (-1.74%)
o LHC Group 23.74 ▼0.03 (-0.13%)
o MidSouth Bancorp 18.43 ▼0.07 (-0.38%)
o Petroquest Energy 4.38 ▲0.17 (4.04%)
o PHI Inc. 42.50 ▲1.44 (3.51%)
o Superior Energy 25.66 ▲0.59 (2.35%)
o Stone Energy 23.30 ▲0.72 (3.19%)
o Facebook Inc. 73.71 ▲0.11 (0.15%)
o Twitter Inc. 40.03 ▲0.22 (0.55%)
o Gannett 31.45 ▼0.13 (-0.41%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:22.64 Trade time:4:00PM EST Value change:▲0.14 (0.62%)
NYSE:FI

Frank's International

Company ID [NYSE:FI] Last trade:20.60 Trade time:4:02PM EST Value change:▲0.22 (1.08%)
NYSE:IBKC

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:65.98 Trade time:4:00PM EST Value change:▼1.17 (-1.74%)
NYSE:LHCG

LHC Group

Company ID [NYSE:LHCG] Last trade:23.74 Trade time:4:00PM EST Value change:▼0.03 (-0.13%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:18.43 Trade time:4:01PM EST Value change:▼0.07 (-0.38%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:4.38 Trade time:4:00PM EST Value change:▲0.17 (4.04%)
NYSE:PHII

PHI Inc.

Company ID [NYSE:PHII] Last trade:42.50 Trade time:3:48PM EST Value change:▲1.44 (3.51%)
NYSE:SPN

Superior Energy

Company ID [NYSE:SPN] Last trade:25.66 Trade time:4:04PM EST Value change:▲0.59 (2.35%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:23.30 Trade time:4:02PM EST Value change:▲0.72 (3.19%)
NYSE:FB

Facebook Inc.

Company ID [NYSE:FB] Last trade:73.71 Trade time:4:00PM EST Value change:▲0.11 (0.15%)
NYSE:TWTR

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:40.03 Trade time:4:01PM EST Value change:▲0.22 (0.55%)
NYSE:GCI

Gannett

Company ID [NYSE:GCI] Last trade:31.45 Trade time:4:02PM EST Value change:▼0.13 (-0.41%)
Advertisement

Read the Flipping Paper!

Click Here for the Entire Print Version of
ABiz
 
Advertisement
Advertisement