02/15 - Dollars per Barrel: Oil Prices & Louisiana

Who are the winners and losers in Louisiana from the drop in prices?

Crude oil prices have crashed from a high of $110 per barrel to below $50 per barrel. Over supply, driven by higher US shale oil production, and a slowdown in many major economies are some of the reasons for the drop in crude oil prices. Who are the winners and losers in Louisiana from the drop in prices? How will the decrease in oil and gas revenues affect the state’s budget? Can sales taxes make up the difference? And will the reduction in state revenue mean a reduction in state services? Louisiana Public Square looks for answers on ”Dollars per Barrel: Oil Prices & Louisiana” airing February 25 at 7 p.m. on LPB HD.

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02/15 - Dollars per Barrel: Oil Prices & Louisiana

Who are the winners and losers in Louisiana from the drop in prices?

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