Really? You mean LA didn't get fair market price for the fuels they sold on the open market? Were they really selling at gun-point? You mean the federal government didn't subsidize any of the development of the Port of NO? You mean the oil depletion give-aways during the decades of the '60's-'90's was unfair to those who work in the oil industry in LA? Hmmm...I must have missed something...
Since you're the econo-jack, you must realize that there is an enormous price to be paid either way. One of them is short term, while the other one is long term. Which of these two is the better choice? I'll let you define which is which.