Energy Tomorrow Blog
Banning Energy Development Would Devastate Louisiana
lousiana economic growth federal leases offshore development
Mark Green
Posted October 16, 2020
We’ve discussed the significant national impacts of policies touted by some (see here and here) that would effectively stop new natural gas and oil leasing and development on federal lands and waters, potentially weakening U.S. security, killing jobs, raising household energy costs and more.
The national numbers could be big and alarming. Still, most Americans probably can relate more easily to potential impacts where they live, work and raise their families. This post zeroes in on New Mexico. Another state where the potential is large for job losses, reduced economic activity and decreased revenues – for education and other state and local priorities – is Louisiana.
A new ICF analysis shows much is at stake in banning new federal leasing and development for Louisiana, which ranked third in the nation in 2019 natural gas production and ninth in oil production as of June 2020, according to the U.S. Energy Information Administration (EIA).
Energizing Louisiana
analysis lousiana exports wood mackenzie
Reid Porter
Posted August 31, 2015
Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Louisiana. We started the series with Virginia on June 29. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.
As we can see with Louisiana, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.
Gallup Poll: Energy-Producing States = Best Job Creators
alaska domestic energy energy development north dakota ok oklahoma pennsylvania texas west virginia energy-producing states gallup gallup poll gallup poll on energy lousiana
Jane Van Ryan
Posted July 26, 2010