Wingin' It Wednesday: Looking Back At 2017, Forward To A New Year (AUDIO)
With a new year comes new issues, but in this week's Wingin It Wednesday we take a look back in politics and a look forward in the energy industry. Continue reading…
View ArticleOil Hits $70 Per Barrel But La. Oil And Gas Industry Still Struggles
Oil prices in the U.S. have climbed over the $70 mark for the first time since 2014. Continue reading…
View ArticleOil Prices Plummet Again
Economic data continues to show heavy damage to growth. Continue reading…
View ArticleOil Price Goes Negative as Demand Collapses; Stocks Dip
Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders didn’t want to get stuck owning crude oil with nowhere to store it. Continue reading…
View ArticleOil Industry Contemplates Problems Of Recovery
When oil prices rebound will there be enough qualified workers to fill the needs of the industry? Continue reading…
View ArticleLouisiana Economy - The Good And Not So Good News
Some communities in the state continue their slow recovery from lower oil prices. Meanwhile, other communities are experiencing record growth because of natural gas and the chemical industry. Continue...
View ArticleOil Price Prediction - Is It Going To Be High Enough?
A rise in oil prices is predicted over the next year. Will that increase be enough to spark exploration offshore? Continue reading…
View ArticleGas Prices, Oil Prices Rise Unique Situation For Louisiana
Higher prices for gas and higher prices for oil create the ultimate good news, bad news scenario for Louisiana. Continue reading…
View ArticleOil Prices Starting The New Year Strong
Political unrest in the Middle East and tighter production restrictions from OPEC and Russia could help to bring the oil industry back into the black. Continue reading…
View ArticleDespite Rise Louisiana Still has Lowest Gas Prices in Nation
As oil prices continue to climb gas prices are following suit as we head into the heart of the summer driving season. Continue reading…
View ArticleHere’s Why Louisiana Residents are Suddenly Paying More for Gas
Since February's winter storm gas prices have been on the rise in Louisiana. You might not believe just how much more you're paying today than you were paying only six months ago. Continue reading…
View ArticleLouisiana Gas Prices Now Topping $3, Expected to Go Higher
What's causing the rise in Louisiana gas prices and does this mean good news for South Louisiana's Oil Patch? Continue reading…
View ArticleLow Oil Prices Likely To Continue Into 2016
A recent report from Moody's Investors Service is now suggesting that lower than desired oil prices will be a part of the South Louisiana economy at least until early 2016. Continue reading…
View ArticleState Treasurer Reports Drop In State Revenue
Revenue for the state of Louisiana declined by a significant amount over the last month of 2015. State Treasurer John Kennedy explains why. Continue reading…
View ArticleInvestors Wary Of Possible Sell Off If Oil Prices Dip Much Lower
Could gasoline become less expensive than bottled water? Market watchers are keeping a close eye on oil prices around the world. Continue reading…
View ArticleFalling Oil Prices Hurting State Budget
The state of Louisiana's fiscal budget is based on the price of oil being $63 per barrel. With the current price of oil well below that value our state's leaders are going to have to make some tough...
View ArticleOil Up to $36 a Barrel — Will It Continue to Rise?
Global oil prices rose to a three-week high over the weekend, up as much as 25% from the 12-year lows hit last week. Additionally, there has been speculation about a deal between the major oil...
View ArticleNew Report Outlines Louisiana’s Economic Issues
Two Louisiana communities have seen an upturn in their local economy in the last half of 2015. What's it going to take for the rest of the state to join that turn around? Continue reading…
View ArticleBoustany Wants To Block Obama’s $10 Per Barrel Oil Tax
Louisiana Congressman Charles Boustany is at odds with President Obama and his proposed $10 per barrel tax on oil. Continue reading…
View ArticleOil Prices Heading for $100 a Barrel – How it Affects Louisiana
A Louisiana economist believes "$100 a barrel oil" is in our future. Here's how that price could affect your life in Louisiana. Continue reading…
View ArticleOil Price Boom Not Expected To Bail Out La.
BATON ROUGE, La. (AP) — Though oil prices are hovering around $100 per barrel as unrest in Libya threatens supply levels, Louisiana officials don't expect the price spikes to be the savior of...
View ArticleGas Prices On The Rise
Gas prices are up 23-cents compared to this time last week. Continue reading…
View ArticleGold Continues To Reach New Highs: Acadiana Business Index
Mark Lasseigne tells you about a choppy day on Wall Street, as stocks just inched into the green, and gold hitting a new record. Continue reading…
View ArticleDow Falls During Choppy Trading: Acadiana Business Index
Wall Street ends in choppy trading as the Dow falls 41 points. Mark Lasseigne has more on today's Acadiana Business Index. Continue reading…
View ArticleNatural Gas Surges – Acadiana Business Index
Wall Street slightly lower in quiet trading as the Dow Jones Industrial Average dropped 12 points. Mark Lasseigne has your stock market report on today's Acadiana Business Index. Continue reading…
View ArticleSenator David Vitter Discusses Gulf Drilling And Oil Speculation
Senator Vitter says President Obama's comments about speculators is just "political dancing". Continue reading…
View ArticleCongressman Landry Bashes Congress And The Administration
Landry says tapping the Strategic Petroleum Reserve is not the answer to rising gas prices. Continue reading…
View ArticleOil Falls Below $107 As Syria Tension Eases
The contract fell $1.15 to close at $107.65 on Friday. Continue reading…
View ArticleSaudi Oil Chief; No Conspiracy Behind Oil Prices
Lack of cooperation among non-OPEC members and the spread of "misinformation" have contributed to the drop in global oil prices. Continue reading…
View ArticleLouisiana Consumer Confidence Takes A Dip
How confident as a consumer do you feel today? A recent survey says many of us are playing things pretty close to the vest. Continue reading…
View ArticleNumber Of Oil & Gas Jobs Continue To Drop
The oil and gas industry has seen this before and will see it again. A downturn in prices usually leads to a downturn in employees. Continue reading…
View ArticleOil Industry Lease Sale Smallest Since 1983
Oil and gas investment in the Gulf continues to be a very cautious affair as the price of crude continues to remain low. Continue reading…
View ArticleAmid Low Oil Prices Chevron Starts Layoffs At One Louisiana Office
Though low oil prices translate to saving at the pump, they also tell of foreboding consequences for the state's oil and gas industry. Continue reading…
View ArticleThe Real Impact Of Low Oil Prices In Louisiana
Do you really know the real cost of lower fuel prices? The economic impact is a lot bigger than most of us can even imagine. Continue reading…
View ArticleDrop in Oil May Not Translate to Lower Gas Prices in Louisiana
Oil prices are at their lowest in over a year but that doesn't mean you'll be paying less for gasoline in Louisiana. Here's why. Continue reading…
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