Oil & Gas Sector (2017)
Louisiana: The State We're In

Details
Collection:LPB
Genre: Newsmagazine
Place Covered: Louisiana, Broussard, Lafayette Parish, Louisiana
Copyright Holder: Louisiana Educational Television Authority
Date Issued: 2017-06-09
Duration: 00:05:31
Subjects: OIL INDUSTRY | GAS INDUSTRY | STATE BUDGET | Economy
Contributors:
- Moreau, Andre Host
- Spires, Kelly Producer
- McKnight, Quay Interviewee
- Upton, Greg Interviewee
Description
This segment from the June 9, 2017, episode of the series “Louisiana: The State We’re In” features Kelly Spires’ report on the impact of the oil and gas sector on the state budget. She visits M & M International in Broussard, Louisiana, a company that manufactures parts for oil rigs. She interviews Quay McKnight, president of M & M International, who discusses how the drop in oil prices in 2015 impacted his business and how his business is faring now. Spires also interviews Greg Upton, an economist at LSU, who discusses the impact of a drop in oil prices on the state budget through the loss of both direct and indirect taxes. Host: Andre Moreau