Graves Announces $156 Million in Energy Revenues for Louisiana’s Coastal Restoration, Hurricane Protection, and Flood Control Projects
U.S. Congressman Garret Graves (South Louisiana) announced that the State of Louisiana and several coastal Louisiana parishes will receive $156,329,442.65 in the Gulf of Mexico (GOMESA) energy revenues which are awarded to the four Gulf offshore oil and gas-producing states. The law was drafted and negotiated by Graves. Louisiana’s state constitution requires that the revenues from…