With oil at the mid-$40s per barrel, it becomes difficult for small independent shale companies in Louisiana. With oil expect to remain in the $40-$50 range for the next year, there will be some major pain felt in the Louisiana econom
Tag: oil and gas
The Louisiana Shale Industry Will Survive
< ![CDATA[ For Louisiana, low oil prices can and will have a negative impact on our economy. Economic development authorities across the state tell us we are no longer dependant on energy. Try telling that to the workers and their families in Southwest Louisiana. What does the future hold and how much longer will the… Continue reading The Louisiana Shale Industry Will Survive