Lousiana Public Broadcasting

The State We’re In: Lousiana Oil Sector

From our partners at Louisiana Public Broadcasting is a report on the oil sector in Lousiana. In New Iberia, over a quarter billion dollars worth of off-shore vessels are tied up on their docks. In 2014, when the price of oil fell from 100$ per barrel to 30$ per barrel, this local industry suffered. The question is: when will the price of oil come back, so this industry can recover?