A new study by former LSU Professor Dr. Loren Scott details how dependent Louisiana is on the oil and gas industry, and warns that national politics targeting the industry could disrupt one of the state’s key economic drivers.
ven as the Obama administration postures on behalf of deficit reduction and job creation, it continues to advance policies that undermine energy production in the Gulf region and lower federal revenue, Sen. David Vitter (R-La.) has pointed out in his correspondence with top officials in Washington D.C.
Louisiana and seven other Southeastern states consistently refuse to impose renewable energy mandates on electric companies.
Shell Oil Company’s latest research “Signals and Signposts” affirms peak oil theory: that we have reached maximum worldwide petroleum extraction. The report’s authors recommend swift utilization of alternative energy sources.
“Politically correct” sources of energy are largely futile and Obama administration policies are a war against the energy industry and the Louisiana economy, says Pelican Institute guest speaker.