(Just The News)—Texas Petroleum Investment Company has been responsible for 54 reported oil spills in Louisiana since 2019, releasing a total of 212,299 barrels of crude oil — the equivalent of nearly 8.9 million gallons, according to state data.
The bulk of that oil — 190,000 barrels — came from a single catastrophic spill in 2019 in Iberia Parish. Records from the Louisiana Oil Spill Coordinator’s Office indicate the release originated from a facility flowline. That incident remains one of the largest inland oil spills reported in the state in recent years.
Although TPIC’s overall spill volume has trended downward since that major event, the company remains a significant source of oil pollution. In 2021, its worst year on record excluding the 2019 Iberia event, the company was tied to 13 separate spills totaling 17,828 barrels. Three of those occurred in Plaquemines Parish.
So far in 2025, TPIC has reported six oil spills totaling 290 barrels.
The company’s record stands out in the context of broader spill activity across the state. As of mid-July, Louisiana officials have logged 23 oil spills this year totaling 1,077 barrels. The largest to date — 358 barrels of diesel — occurred in Acadia Parish. The responsible party for that incident remains unknown.
- Read More: justthenews.com
The Biggest Threat to Your Retirement Is Actually a Very Good Thing
When you look at the headlines today, you’ll see experts in the retirement industry warning about big threats to your financial security:
- De-dollarization and the rise of BRICS
- Soaring national debt
- Unstable interest rates
- Weakened U.S. dollar
All of these are real concerns. But they aren’t the biggest threat to your retirement savings. The true risk isn’t political, monetary, or global.
It’s longevity.
Why Longevity Is the Silent Threat
For most of human history, the problem was the opposite — life expectancy was short, and few people even reached retirement. Today, thanks to medical advancements, healthier lifestyles, and better living conditions, people are living longer than ever before.
And while that’s a wonderful thing, it comes with a financial catch: Your retirement account has to last far longer than you might expect.
- A 65-year-old couple today has a 50% chance that one of them will live to 90.
- Some projections suggest that many of us will live well into our 90s, even 100+.
- This means your nest egg may need to stretch not for 15 years, but 25, 30, or even 40 years.
That’s where the real danger lies: running out of money before you run out of life.
The Retirement Equation Has Changed
While market volatility, debt crises, or central bank policies may feel like the scariest threats, they’re temporary storms. Longevity, however, is a structural shift. Every extra year of life is another year of expenses, another year of inflation erosion, and another year of financial pressure.
If your retirement plan doesn’t account for longevity, you could face tough choices later in life — downsizing, working when you’d rather not, or becoming financially dependent on others.
How to Take Control
The good news? Longevity is a blessing — as long as you’re prepared for it. With the right planning, your retirement savings can work for you instead of against you. The key is learning how to protect your wealth, outpace inflation, and ensure your savings grow even as you live longer.
That’s why our friends at Augusta Precious Metals created a free resource to help you get started:
👉 Get Instant Access to the report, “How to Take Full Control of Your Financial Future”
This brief report will show you practical strategies to safeguard your retirement from the biggest threat of all — the one that comes from the gift of living longer.
Don’t let longevity catch you unprepared. Take the steps today to secure tomorrow.
