Mike CernovichVerified account

Oil companies cut thousands of straight canals through fragile wetlands for decades, accelerating coastal erosion. Louisiana does not receive royalties like inland states. Not socialism, just back pay.

No, more like a lease payment

I'm sure these oil and gas companies willingly decided to hand over hundreds of millions of dollars for this...there was totally no you scratch my back I'll scratch your back and we will leave you alone shortly after the checks have cleared

Depends on why it's being recieved. Much like the Alaska oil money. If it's because of a deal the state made then no. If the Government forced this on companies afterwards then yes.

I don’t think so b/c offshore platforms use pipelines that cut through the marsh. When there are cuts in the marsh, more errorison occurs. They should pay into a reclamation project to repair damaged marsh due to pipelines and oil leaks from the platforms.

NO.

Probably related to those same companies devastating said coastline with oil spills

NOT! But the 'Snowflakes' wouldn't know that. The environmentalists should be dancing in the streets over this news.

Probably but only in the sense that public lands are socialist in the first place.

Maybe, but it would be excellent if multinational corporations were better community partners and less like locusts.

Louisiana does not receive royalties from offshore activities in its waters. This is a sort of a reparation.

Depends on who's doing the spending. If oil companies are the ones investing, it's their money to do so, and good for them for doing it

Depends how you frame it. People of Louisiana own the oil. Government doesnt drill wells. So there needs to be a partnership. So no. Doesnt sound like socialism. Norway has a 1 Trillion dollar sovereign wealth fund. Louisiana and Texas should too. Can then zero taxes.

Socialism would be seizing ownership of the oil and gas companies, right?

how is it socialism?