submitted 6 months ago by Yuritopiaposadism@hexbear.net to c/politics@hexbear.net

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https://www.cnn.com/2024/03/07/climate/louisiana-crawfish-disaster-us-climate/index.html

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[-] PowerCrazy@lemmy.ml 20 points 6 months ago* (last edited 6 months ago)

300million yearly to the state economy eh?

The specific findings of this study are summarized in Exhibit ES-1 and discussed below: • In 2019, the oil and gas industry in Louisiana contributed $73.0 billion to state GDP from the production, processing, transportation, distribution and retailing of crude oil, natural gas, natural gas liquids and petroleum products. The state income generated by this activity within the state represents approximately 26% of total state GDP. These values include direct, indirect, and induced impacts.

Source: https://www.lmoga.com/assets/uploads/documents/LMOGA-ICF-Louisiana-Economic-Impact-Report-10.2020.pdf

I don't think anyone who could help cares even the tiniest bit. And those who do care will see no relation between oil extraction and crawfish. Why those two things couldn't be more different I'm sure.

[-] regul@hexbear.net 13 points 6 months ago

The wild thing is that Louisiana, compared to other oil-producing states, has incredibly low excise taxes. They are getting absolutely fucked ten ways to Sunday and will scream at you if you suggest oil companies should pay more. The jug-hooters truly think the oil companies will move the oil wells elsewhere if they had to pay more.