21.6 percent of Louisianans are living in poverty, the second highest in the country, while the average household income has decreased 13% since 2009.
A proposal backed by Sen. Mary Landrieu (D-LA) would allow Louisiana and other producing states to keep a 37.5 percent share of oil and gas revenues that would otherwise fall into federal coffers.
Louisiana and seven other Southeastern states consistently refuse to impose renewable energy mandates on electric companies.
The debate over whether to build a high-speed rail line spanning 80 miles between Baton Rouge and New Orleans is heating up.
The American natural gas boom will cause the U.S. to dethrone Russia as the world’s leading supplier of natural gas, and will continue to bring jobs to Louisiana, according to a new study.
Louisiana public pension funds sought to withdraw $143 million from Fletcher Asset Management earlier this week, but were presented with IOUs in lieu of cash, leaving taxpayers to foot the bill.
Louisiana’s friendly tax climate and steady economic growth have allowed the state to navigate through fragile economic times, but unfunded pension liabilities and a former budget shortfall pose problems for Louisiana’s future.
The Department of Energy has awarded Louisiana State University $997,000 for a project to evaluate the feasibility of an advanced geothermal energy project.
American Legislative Exchange Council claims that states with lower and falling tax burdens are attracting businesses and spurring job growth.
New report gives Louisiana an “F” for human capital – a measure of the labor force’s education and skills – for a third year in a row.