"The money is severance taxes and royalty payments from oil and gas production — our shared claim on Louisiana's mineral wealth.Looting Louisiana also will air in other state television markets this weekend.
"The power belongs to the oil and gas industry. This is a story about how they have used their power and influence inside the Jindal administration to control everything from oilfield cleanups to audits that affect as much as 17 percent of the state budget."
The Louisiana oil and gas industry has been looting the Louisiana treasury by underpaying severance taxes and royalty payments owed the state. But, it has done this with the knowledge and cooperation of the Jindal administration and the Department of Natural Resources. These findinds are contained in performance audits carried out by the Louisiana Legislative Auditor. This video is an introduction to those findings.