State of the Oil & Gas Industry (1983)
Louisiana: The State We're In
Details
Collection:LPB
Genre: News, Public Affairs
Place Covered: Louisiana
Copyright Holder: Louisiana Educational Television Authority
Date Issued: 1983-12-02
Duration: 00:06:10
Subjects: STATE BUDGET | OIL INDUSTRY | GAS INDUSTRY | Taxes | Severance tax
Contributors:
- Johnson, Ken Host
- Brooksher, Robert Interviewee
- Simoneaux, Frank Interviewee
Description
This segment from the December 2, 1983, episode of the series “Louisiana: The State We’re In” features Ken Johnson’s report on the state of the oil and gas industry in Louisiana. He interviews Robert Brooksher of the Louisiana Mid-Continent Oil and Gas Association, who discusses the factors leading to the current decrease in production, the importance of the state finding additional sources of revenue, the possible drill closures if the state increases the severance tax on oil and gas, and the future of the industry in Louisiana. Johnson also interviews Secretary Frank Simoneaux of the Department of Natural Resources, who discusses the potential impact of increased severance taxes on the oil and gas industry.