Oil Prices

A recent report from Moody's Investors Service is now suggesting that lower than desired oil prices will be a part of the South Louisiana economy at least until early 2016.

Do you really know the real cost of lower fuel prices? The economic impact is a lot bigger than most of us can even imagine.

Though low oil prices translate to saving at the pump, they also tell of foreboding consequences for the state's oil and gas industry.

Oil and gas investment in the Gulf continues to be a very cautious affair as the price of crude continues to remain low.

The oil and gas industry has seen this before and will see it again. A downturn in prices usually leads to a downturn in employees.

How confident as a consumer do you feel today? A recent survey says many of us are playing things pretty close to the vest.

Lack of cooperation among non-OPEC members and the spread of "misinformation" have contributed to the drop in global oil prices.

The contract fell $1.15 to close at $107.65 on Friday.

Landry says tapping the Strategic Petroleum Reserve is not the answer to rising gas prices.

Senator Vitter says President Obama's comments about speculators is just "political dancing".

Wall Street slightly lower in quiet trading as the Dow Jones Industrial Average dropped 12 points. Mark Lasseigne has your stock market report on today's Acadiana Business Index.

Wall Street ends in choppy trading as the Dow falls 41 points. Mark Lasseigne has more on today's Acadiana Business Index.

Mark Lasseigne tells you about a choppy day on Wall Street, as stocks just inched into the green, and gold hitting a new record.

Gas prices are up 23-cents compared to this time last week.

BATON ROUGE, La. (AP) — Though oil prices are hovering around $100 per barrel as unrest in Libya threatens supply levels, Louisiana officials don't expect the price spikes to be the savior of Louisiana's budget.