You don't really think Louisiana politicians would swindle the good citizens of LA of this new windfall of federal royalties do you? What basis would you have for such an assumption? Huey Long, Russell Long, Edwin Edwards, David Duke, the New Orleans mafia? :twisted:
Besides we have NEW ploliticians to look out for us:
Kathleen Babbling Blank Stare
School Bus Nagin
Mary Laundry List
Bill "The Freezer" Jefferson
How can we go wrong!!!
PS. The royalties are only on NEW fields in the gulf, which assumes that no one ends up suing to stop the leases, Green Peace picketing the area, discovering a rare fungus, etc. We're still stuck with 3% royalties on the existing fields which are serviced from LA, like Morgan City, Houma, etc.
I may have to come visit as well. I got friends in Abita. Maybe I can grab a Purple Haze to wash down a OT-1.
Peace