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To: Uncle Sham
It is a loan, not a give-away plan.

I don't have the slightest problem with a loan. But you have a fellow Louisianan on these thread threatening extortion at the gas pumps to pay for rebuilding......I don't extort well.

75 posted on 01/29/2006 9:33:22 AM PST by ScreamingFist ( The RKBA doesn't apply if I have a bigger gun than your bodyguard. NRA)
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To: ScreamingFist
Extortion? Getting your fair share of oil and gas revenues is extortion? Let's see now, your state of Oklahoma gets 50% of ALL of the oil and gas revenues it generates. Louisiana gets that from it's onshore revenues only. I don't know the exact figure but I'm comfortable in saying that Louisiana gets less than 5% of it's offshore oil and gas revenues. This means that the feds, and ultimately the rest of the states get to share 95% of Louisiana's offshore oil and gas revenues. Where is the fairness in that? Louisiana has a 3 mile limit on it's offshore revenues, Texas has an 8.7 mile limit on it's offshore revenues. Two different states. Two different sets of rules. Certainly not equal treatment by any means.

Louisiana is being told to help itself by most posters on this thread. Unlike many of the states where these posters live, Louisiana actually has the ability to do just that. It's gonna cost you either way. That's not extortion, it's simple economics of supply and demand.

81 posted on 01/29/2006 9:57:43 AM PST by Uncle Sham
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