Oil Prices

Political unrest in the Middle East and tighter production restrictions from OPEC and Russia could help to bring the oil industry back into the black.

With a new year comes new issues, but in this week's Wingin It Wednesday we take a look back in politics and a look forward in the energy industry.

Higher prices for gas and higher prices for oil create the ultimate good news, bad news scenario for Louisiana.

A rise in oil prices is predicted over the next year. Will that increase be enough to spark exploration offshore?

Some communities in the state continue their slow recovery from lower oil prices. Meanwhile, other communities are experiencing record growth because of natural gas and the chemical industry.

When oil prices rebound will there be enough qualified workers to fill the needs of the industry?

Louisiana Congressman Charles Boustany is at odds with President Obama and his proposed $10 per barrel tax on oil.

Two Louisiana communities have seen an upturn in their local economy in the last half of 2015. What's it going to take for the rest of the state to join that turn around?

Global oil prices rose to a three-week high over the weekend, up as much as 25% from the 12-year lows hit last week. Additionally, there has been speculation about a deal between the major oil exporters to slash production.

The state of Louisiana's fiscal budget is based on the price of oil being $63 per barrel. With the current price of oil well below that value our state's leaders are going to have to make some tough choices.

Could gasoline become less expensive than bottled water? Market watchers are keeping a close eye on oil prices around the world.

Revenue for the state of Louisiana declined by a significant amount over the last month of 2015. State Treasurer John Kennedy explains why.