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Should Louisiana lower its oil severance tax? Jeff Landry’s transition councils say yes.

Por: The Advocate Business January 30, 2024

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Louisiana might lower its severance tax for oil production if lawmakers follow suggestions from Gov. Jeff Landry’s transition councils — and recent history from the state’s new speaker of the House of Representatives.Landry’s energy, chemical and maritime transition council report, , says the state should “incentivize and amplify drilling in south Louisiana by evaluating and addressing the severance tax on oil” to spur new wells and... + full article



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