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.
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.
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.