UL has big decision to make on Cajun Field renovation

[LaCajunsFan]

Meanwhile, here's what ~180 million would get us.

https://uabsports.com/news/2019/9/18...ign-plans.aspx

https://s3.amazonaws.com/sidearm.sit...ion_091819.pdf

[CajunJeaux]

Well said Fish, my son moved to Plano at the end of March. My daughter will be moving to Conroe, Tx. next summer after graduating from UL this past spring. The sign on bonuses and salaries are just better for both in Texas. The Lafayette recovery has been very slow after losing a large number of jobs and tax revenue in the past 5 years or more. The money for facilities will not come from any local business, we need corporate money and partnership. Until those relationships are built, we can only proceed with bond money, provided the seed money is in place.

Should’ve hit up Wait’r before everyone started jumping ship...

[Ragin9221]

Meanwhile, here’s what ~180 million would get us.

https://uabsports.com/news/2019/9/18...ign-plans.aspx

https://s3.amazonaws.com/sidearm.sit...ion_091819.pdf

I honestly think we can have that with the current setup of Cajun Field, We would come out cheaper if we would just replace the top deck with a smaller, better, top deck. We just need to provide some of the amenities that a soccer stadium has. Overtime bring everything to code and up to date.

I do love the press box and upper deck, to me that is what is needed at Cajun Field.

[ZoomZoom]

Should've hit up Wait'r before everyone started jumping ship...

I'm glad we didn't, that's a SINKING ship. Competition and the novelty of ordering two designer coffees from CC's gets a little pricey after awhile. No joke, go sit in a CC's on a Saturday morning and watch.

[ZoomZoom]

Offshore oil drilling is done as long as $55 a barrel oil is the rule.

It can be $100 a barrel and nobody will drill in Louisiana unless a nation emergency breaks out. The encouragement of legacy lawsuits on the behalf of local governments against the O&G industry is killing Louisiana. It's like watching the 80's in slow motion.

[ManAboutTown]

It can be $100 a barrel and nobody will drill in Louisiana unless a nation emergency breaks out. The encouragement of legacy lawsuits on the behalf of local governments against the O&G industry is killing Louisiana. It's like watching the 80's in slow motion.

12% severance tax is killing Louisiana. The lawsuits were a cost of doing business when oil was $75+ a barrel.

[Crawfish]

Abundant Permian Basin oil that can be produced on the cheap really makes offshore oil (especially deep water wells) uncommercial. The environmental risk on land wells is also so much lower. This will not change, but there is a slim chance that recently proposed royalty relief legislation on shelf production will be enacted. I do not think this is going to create a drilling boom but it might stimulate some drilling and workovers.

[CajunVic]

12% severance tax is killing Louisiana. The lawsuits were a cost of doing business when oil was $75+ a barrel.

TAX & SUE

That really looks like a recipe by the state for bringing in and encouraging business to Louisiana.

[ManAboutTown]

Abundant Permian Basin oil that can be produced on the cheap really makes offshore oil (especially deep water wells) uncommercial. The environmental risk on land wells is also so much lower. This will not change, but there is a slim chance that recently proposed royalty relief legislation on shelf production will be enacted. I do not think this is going to create a drilling boom but it might stimulate some drilling and workovers.

Where we have the advantage is the ability to transport the product. There is nothing in the Permian Basin even close to what LA has to offer regarding pipeline infrastructure. It's very expensive to move product. Right now, there is a glut, but there is a shale Armageddon coming in the next 2-3 years. I don't want to get to deep in the weeds, but LA would cut the damn BS, lower severance tax, cut back on some bogus regulations and stop giving such gigantic tax breaks to large O&G companies operating in geographically ideal positions, LA could see a significant bump in industry returning. Technology has become so efficient during the last decade that drilling the Austin Chalk is now a cake walk. There is a reason why EOG, Marathon, Conocco Phillips, etc are scooping up lease land as of 2016.

It's not dead yet, but it's certainly on life support.

[BananaHammock]

I don’t think a $1 Tree or a sCENT Bush will get us there.

Obviously you didn't read the 1st paragraph of my post.

[ManAboutTown]

Obviously you didn't read the 1st paragraph of my post.

I don’t think she can read...

[Rainman66]

The development team that is interested in doing the work is very far removed from Lafayette.

And downtown spending goes a lot deeper than just misappropriated funds; you know that. Purely political and the people making those decisions are mostly in it for personal gain. Including redistricting. Our stadium & entertainment district need to be handled by capitalists; not bureaucratic eunuchs. Separate RCAF from the Foundation NOW!

Eunuchs ?? Somebody was reading some Old Testament or Oriental History. Either way, I approve.