American Petroleum Institute: Oil and gas industry fuels 12% of Louisiana jobsÂ
More than 12% of Louisiana jobs and 23% of the stateâs gross domestic product are tied to the oil and natural gas industry, according to a new analysis from The American Petroleum Institute that aims to highlight the industryâs importance in Louisiana.Â
The analysis, conducted by PricewaterhouseCoopers and commissioned by API, is based on government figures and shows that Louisianaâs natural gas and oil industry supported 345,760 total jobs across the stateâs economy in 2019, the most recent data available.Â
API Gulf Coast Regional Director Gifford Briggs says the report again shows that the oil and gas industry is critical to Louisiana, from onshore operations to offshore development in the Gulf of Mexico, and drives other industries in the state.Â
Kennedy Wants Meeting With Biden Over Energy Industry Concerns
Earlier this week, President Joe Biden signed an executive order that puts a moratorium and oil and gas leases along with permits on federal lands and waters.
With this move, the oil and gas industry is again facing a tumultuous time. Biden also signed an executive order, on his first day on the job, halting the Keystone XL pipeline with an estimated loss of 11,000 jobs. So what will a moratorium on leases mean to the industry? Industry experts say it will result in the loss of thousands of jobs for an industry that has taken a beating in recent years.
BATON ROUGE - Depending on who you talked to, there were different degrees of disappointment across Louisiana Wednesday, after President Joe Biden halted new oil and gas leases on federal land or in federal waters, including the Gulf of Mexico.
Moon Griffon Issues Apology to Audience over Rouses Controversy I owe the people of the state an apology.
That is how Moon Griffon opened his show on Monday morning following the news that Rouses co-owner Donald Rouse apologized for using poor judgment in attending former President Trump s rally the day of the riot at the Capitol. Especially the people that drove to Rouses Meat Market. I want to apologize to you, continued Griffon. I was trying to help Rouses. I told my wife Don t go back.
Over the days since the Capitol Riot, Griffon has stuck up for Rouses as some people across the state called for a boycott of the New Orleans-based grocery chain, such as Chairman of the Legislative Black Caucus Baton Rouge Rep. Ted James in an article on Louisiana Radio Network. The Advocate reported former LSU basketball player and current Board of Supervisors member Collis Temple Jr. even called for LSU s relationship with Rouses to be re-explored, even though Rouse condemned th