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

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