Oil & Gas Slump (1985)
Louisiana: The State We're In
Details
Collection:LPB
Genre: Newsmagazine
Place Covered: Louisiana
Copyright Holder: Louisiana Educational Television Authority
Date Issued: 1985-12-06
Duration: 00:10:36
Subjects: Energy | Economy | OIL INDUSTRY | GAS INDUSTRY | Severance tax | Louisiana. Legislature
Contributors:
- Johnson, Ken Host
- Bailey, William, Jr. Interviewee
- Steimel, Ed Interviewee
- Lancaster, Charles Interviewee
- Kimball, Clyde Interviewee
- Ackal, Bo Interviewee
- Doucet, Eddie Interviewee
- Laborde, Raymond Interviewee
- Cross, Mike Interviewee
- Sawyer, Ginger Interviewee
Description
This segment from the December 6, 1985, episode of the series “Louisiana: The State We’re In” features Ken Johnson’s report on the economic impact of the slump in the oil and gas industries. Johnson’s report touches on two different plans proposed by Senate President Sammy Nunez and State Representative Quentin Dastugue to suspend the severance taxes on oil and gas in order to stimulate production. He interviews: William Bailey, Jr. of the Louisiana Mid-Continent Oil and Gas Association; Ed Steimel of the Louisiana Association of Business and Industry (LABI); State Representative Charles Lancaster; State Representative Clyde Kimball; State Representative Bo Ackal; State Representative Eddie Doucet; State Representative Raymond Laborde; State Senator Mike Cross; and Ginger Sawyer, the director of the Energy Council.