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LSU Economist Dr. Loren Scott
As the economy begins to recover with what appears to be the worst of the pandemic behind the US employers are finding many of their older workers aren’t heading back into the office and instead retiring early in unusually large numbers.
LSU economist Dr. Loren Scott said that’s further exacerbating the nation’s labor shortage leading to companies having trouble finding qualified workers and deliveries running behind schedule due to a lack of labor in the supply chain.
“It is kind of compounding the situation and it is odd that it is coming from this particular group but it is one of the groups that is really adding to the problem,” said Scott.
BIC Magazine
Scott Angelle, former directorof the Bureau of Safety andEnvironmental Enforcement for theDepartment of the Interior.
What will it take for Louisiana to transition to the new energy economy as the nation attempts to move away from fossil fuels and toward a low-carbon future?
This was the question at the heart of a recent panel, which featured Scott Angelle, former director of the Bureau of Safety and Environmental Enforcement (BSEE) under former President Donald Trump, and Louisiana economist Loren Scott.
Angelle, who has also served as secretary of the Louisiana Department of Natural Resources, stressed the importance of acknowledging the inevitability of the energy transition regardless of where one stands politically concerning climate change.
The natural gas storage report from the EIA for the week ending April 9th indicated that the amount of natural gas held in underground storage in the US rose by 61 billion cubic feet to 1,845 billion cubic feet by the end of the week, which left our gas supplies 242 billion cubic feet, or 11.6% below the 2,087 billion cubic feet that were in storage on April 9th of last year, but now 11 billion cubic feet, or 0.6% above the five-year average of 1,834 billion cubic feet of natural gas that have been in storage as of the 9th of April in recent years..the 61 billion cubic feet that were added to US natural gas storage this week was less than the average forecast of a 65 billion cubic foot addition from an S&P Global Platts survey of analysts, and was also less than the 68 billion cubic feet added to natural gas storage during the corresponding week of 2020, but it far surpassed the average addition of 26 billion cubic feet of natural gas that have typically been injected into natural ga