SPEAK OUT TODAY!!! It’s the first line of the Louisiana Oil and Gas Association’s Friday afternoon plea for help.

The trade group, which represents independents and majors, understands the potential financial devastation the six-month moratorium on deepwater drilling could wreak on the state and Acadiana’s economy, and it’s asking those who will be adversely affected to send a video message to decision-makers in Washington.

LOGA contends the moratorium — the result of the Deepwater Horizon explosion and ongoing oil spill in the Gulf — could result in the exodus of all deepwater rigs, affecting the jobs of more than 75,000 people. “Now more than ever, it is imperative that we respond and take a stand as one unified industry,” the group writes in its Friday SOS. “In order for us to make a strong statement in response to this decision, we are asking you to create a one-minute video telling President Obama and the people of our country what the offshore moratorium will do to your company, your family, your friends and your community.”

LOGA urges participants to explain how the moratorium will hurt their families and businesses and to offer up alternatives to the ban that would address the nation’s concerns.

It’s seeking one-minute videos from a wide spectrum within the industry: CEOs, VPs, engineers, accountants, company men, rig hands, roustabouts, mud loggers, geologists, landmen, salesmen, owners, operators, technicians, assistants, spouses, children, retirees, elected officials and any others who will be adversely affected by the drilling ban.

Videos will be reviewed and posted on the LOGA Web site. To view what others have already posted, or to make a statement of your own, click here. For more information or assistance posting a video, contact Gifford Briggs at 225-892-7688.

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.

ABiz Stock Watch
o Home Bancorp 23.11 ▲0.47 (2.08%)
o Frank's International 20.34 ▼0.26 (-1.26%)
o IberiaBank Corp 67.24 ▲1.26 (1.91%)
o LHC Group 23.75 ▲0.01 (0.04%)
o MidSouth Bancorp 18.80 ▲0.37 (2.01%)
o Petroquest Energy 4.17 ▼0.21 (-4.79%)
o PHI Inc. 41.27 ▼1.23 (-2.89%)
o Superior Energy 25.10 ▼0.56 (-2.18%)
o Stone Energy 22.55 ▼0.75 (-3.22%)
o Facebook Inc. 74.01 ▲0.26 (0.35%)
o Twitter Inc. 40.19 ▲0.16 (0.40%)
o Gannett 32.28 ▲0.83 (2.64%)

Home Bancorp

Company ID [NYSE:HBCP] Last trade:23.11 Trade time:4:00PM EST Value change:▲0.47 (2.08%)

Frank's International

Company ID [NYSE:FI] Last trade:20.34 Trade time:4:02PM EST Value change:▼0.26 (-1.26%)

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:67.24 Trade time:4:00PM EST Value change:▲1.26 (1.91%)

LHC Group

Company ID [NYSE:LHCG] Last trade:23.75 Trade time:4:00PM EST Value change:▲0.01 (0.04%)

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:18.80 Trade time:4:02PM EST Value change:▲0.37 (2.01%)

Petroquest Energy

Company ID [NYSE:PQ] Last trade:4.17 Trade time:4:01PM EST Value change:▼0.21 (-4.79%)

PHI Inc.

Company ID [NYSE:PHII] Last trade:41.27 Trade time:2:42PM EST Value change:▼1.23 (-2.89%)

Superior Energy

Company ID [NYSE:SPN] Last trade:25.10 Trade time:4:04PM EST Value change:▼0.56 (-2.18%)

Stone Energy

Company ID [NYSE:SGY] Last trade:22.55 Trade time:4:03PM EST Value change:▼0.75 (-3.22%)

Facebook Inc.

Company ID [NYSE:FB] Last trade:74.01 Trade time:4:00PM EST Value change:▲0.26 (0.35%)

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:40.19 Trade time:4:00PM EST Value change:▲0.16 (0.40%)


Company ID [NYSE:GCI] Last trade:32.28 Trade time:4:02PM EST Value change:▲0.83 (2.64%)

Economic Indicators

  • Real Estate Data
    Real Estate
  • Energy Data
  • Taxable Sales
  • Unemployment Rate

Read the Flipping Paper!

Click Here for the Entire Print Version of