Economist Loren Scott says there are two large uncertainties to keep in mind when projecting economic recovery through 2022—a vaccine and the presidential election.
Though it’s too early to determine the extent of the damage Hurricane Laura wreaked on the southwest Louisiana communities where it made landfall, the state’s petrochemical industry is well-prepared to weather massive storms and likely will emerge relatively unscathed, says David Dismukes, executive director at LSU Center for Energy Studies.
A double whammy of an oil price crash and a pandemic thwarts what was supposed to be a rebound year for the industrial sector in Baton Rouge and south Louisiana.