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Louisiana gets $156 million in Gulf oil revenue. Most set for hurricane levee projects

Por: The Advocate Business March 31, 2023

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Louisiana has been sent more than $156 million in revenue from offshore oil and gas production in the 2022 fiscal year in the Gulf of Mexico, the Interior Department announced Thursday, with most of that money slated for hurricane risk reduction projects.It is part of more than $353 million being distributed to four Gulf Coast states under a federal law that governs the process. The , or GOMESA, requires 37.5% of the funds paid to the federal... + full article



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