Thursday News

Lots of seismic activity at Lake FUBAR but it may be drilling or machines. The helicorders look all fuzzy and they have returned to work on the berms in the day (Code 1).

LA12_Nov14missing

WBRZ – Sinkhole reveals possible tax evasion

BAYOU CORNE – The sinkhole in Assumption Parish uncovered some possible tax evasion, according to the parish assessor.

An audit revealed some companies in the parish may not be reporting all the taxable assets. Parish assessor Wayne Blanchard, along with the parish, decided to audit the companies on the dome to see if they were hiding something. . .

The AdvocateAssessor: Assumption salt dome companies owe millions

“. . . .At least nine companies own and/or operate the 53 storage and brine caverns in the 1-mile by 3-mile salt deposit under the swamps of Assumption’s northern end.

The largest owner and operator by far is Dow Hydrocarbons and Resources but others include operator Texas Brine Co., owner Occidental Chemical Corp., Pontchartrain Natural Gas System, Chevron Pipeline Co., Crosstex Processing Services and KDS Promix.

Some operators, like Texas Brine, mine other companies’ caverns for the salt, which is sold to petrochemical plants on the Mississippi River. . . . “

GOOD NEWS FOR HOME OWNERS 🙂 –

“A single cavern, which can be taller than all but the highest skyscrapers, can have values between $100 million and $150 million, according to lawsuits over a 2003 cavern incident on the dome.”

Assumption assessor: salt dome caverns & contents may be worth $6M in parish property taxes

. . . and speaking of taxes – this was sent in – Jefferson Island Storage & Hub, LLC  [who now threaten Lake Peigneur] does not want to pay the taxes they owe to Louisiana! Judicial Review article.

Feds cite Houston firm, contractors in fatal Gulf blast

HOUSTON – The federal government slapped Houston-based Black Elk Energy and three contractors with 41 citations Wednesday, alleging they failed to ensure safe welding on a Gulf of Mexico production platform where an explosion killed three workers last year.

The agency that led a federal investigation into the explosion said the citations, called “incidents of non-compliance,” could lead to civil penalties for Black Elk and contractors Wood Group PSN of Aberdeen, Scotland; Compass Engineering & Consultants of Lafayette, La.; and Grand Isle Shipyard of Galliano, La. . . . “

2 houses likely lost because of Florida sinkhole – not salt dome related, just Florida . . .

Chevron pipeline explodes, burns in rural Texas – near Dallas

A frack-quake in N. Texas – Another Earthquake in Tarrant County? Yawn!

(11-12) New Orleans Times-PicayuneLouisiana refineries and associated chemical plants had higher air emissions from accidents in 2012, new report says

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2 thoughts on “Thursday News

    • I tell ya, Walter, I have no idea what’s going on there. Fuzzy-wuzzy helicorders yesterday and so much different work going on I can’t tell if some machine is making all the zig zags or if something is really going on.

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