Post-Katrina promise of oil money leaves states shortchanged
Post-Katrina promise of oil money leaves states shortchanged
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(Reuters) – In 2006, a year after hurricanes Katrina and Rita devastated New Orleans and the Gulf Coast, the U.S. government struck a deal to give states in the region a growing share of offshore drilling revenues to finance projects protecting them from future monster storms. FILE PHOTO: An aerial view is seen of the town of Port Fourchon and its surrounding marshes in Louisiana, May…
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