Offshore drilling halted; Louisiana lawmakers react to gun-control debate

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Deep-water oil exploration has been disrupted from the Gulf of Mexico to Brazil by the discovery of faulty bolts used in safety equipment less than three years after the worst-ever U.S. maritime crude spill. 

Fuel Fix reports that potential downtime for active rigs needing replacement bolts “ranges from none — for wells almost completely drilled — to 14 days.”

“An outdated and inefficient project process, budget cuts, lack of accountability, rogue attorneys, and the rise of the bureaucratic morass has related the once-exemplary corps to an entity incapable of progress.” 

Sen. David Vitter agrees about the skyrocketing costs and, like Graves, cited the Morganza to the Gulf Hurricane Protection Project as a prime example. Since 2007 the corps has spent millions studying the project as estimated costs ballooned from $887 million to $12 billion. Vitter intends to amend the Water Resources Development Act to “make the corps more efficient and jump-start projects in Louisiana.”

A planned 118,000-square-foot Wal-Mart Supercenter will replace the Gentilly Woods shopping center on Chef Menteur Highway at Press Drive. The project, including demolition of the existing mall, is expected to cost about $13 million and be completed by mid-2014.

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