Language requiring stand-by vessels in the Gulf of Mexico, inserted into the U.S. Coast Guard Reauthorization Bill by Congressman Jeff Landry has been stripped, thanks to the efforts of Congressman Charles Boustany, who faces Landry in a runoff Saturday.
In his just-posted column, LOGA President Don Briggs thanks Boustany and other House leadership for opposing the controversial and costly measure and working to remove it from the bill.
“The amendment demanded that stand-by vessels be positioned within three miles of every manned oil and gas platform facility in the Gulf of Mexico,” Briggs writes. "Landry’s amendment is not only bad for the industry, but it is unnecessary."
The LOGA chief, who argues that adequate safety measures are already in place, says the oil and gas industry projected that an additional 150-200 vessels would be needed to meet the stand-by language requirements. More vessels obviously mean more personnel to operate the boats, he writes.
Obie O’Brien, vice president of Apache Corporation, said Landry's amendment “would require capital investment of tens of millions of dollars to ensure compliance.”
Briggs says Boustany is encouraging the U.S. Senate to quickly pass the bill in its current form so the president can sign it into law as soon as possible.
Frank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation services to the oil and gas industry plans to offer shares of its stock to the public for the first time.
The defeat, or rather highjacking of House Bill 420 in the final days of this year's Legislative Session, say Reps. Vincent Pierre and Terry Landry, is the result of the propaganda spread by one unidentified local media outlet and an unnamed former state Representative, but nothing to do with the original legislation's lack of checks, balances or details.
He’s a singer. A songwriter. A piano man. A family man. He’s even got his own Wikipedia entry. He’s David Egan. And he knows ancient secrets about the monolithic stones of Stonehenge that he’s not willing to share.