"Tax Break or Tax Broken?": Louisiana's Horiz Drilling Tax Exemption (LPB's Public Square)

Frac exemptions highlighted on page 5.

 

http://beta.lpb.org/images/lps_uploads/lps201209tax_exemptions.pdf

 

80)

Views: 343

Reply to This

Replies to This Discussion

we've already had this argument on the front page at least once.  pretty sure i've already brought up the film industry kickbacks that cost us almost as much as the horizontal exemption and lead to far fewer permanent jobs and infrastructure.  that's on page 5 too.

yep, that's why you want to have sunset provisions in any tax item.  if you don't have a sunset provision then an R&D/economic tax credit, like these exemptions started out to be, become ingrained forever.

We do need tax breaks for new products from natural gas and better ways to drill and frack.  We need R&D in those activities.

Would this type of class action lawsuit apply in La or Ar.?

http://www.oilandgaslawyerblog.com/2011/02/class-action-to-force-co...

great article. thanks for posting.

RSS

Support GoHaynesvilleShale.com

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service