Latest news: June 8, 2012
BP fine funds tied by politics
By Jordan Blum, The Advocate. June 8, 2012.
“WASHINGTON — Optimism continued to wane Thursday for the fate of the federal transportation spending legislation that contains language that would direct several billion dollars in BP fine money to Louisiana and other Gulf states…” (Read more)
Study: Oyster reef restoration could boost Gulf Coast economy
By Harlan Kirgan, The Mississippi Press. June 7, 2012.
“PASCAGOULA, Mississippi — Oyster reef restoration projects using penalty money from the BP 2010 Deepwater Horizon oil spill could provide quadruple economic returns for the Gulf Coast states, according to a Duke University and Environmental Defense Fund study…” (Read more)
Boehner eyes six-month transportation bill if current negotiations fail
By Bruce Alpert, The Times-Picayune (New Orleans). June 8, 2012.
“WASHINGTON – With a June 30 deadline fast approaching, House Speaker John Boehner suggested Congress pass a six-month bill that continues highway and mass transit funding at current levels if Republicans and Democrats can’t reach agreement soon…” (Read more)