Politics & Policy

Government decisions, legislation, elections, and public policy shaping business and daily life across the Baton Rouge region and Louisiana.

ExxonMobil CEO says oil markets could be tight for years

ExxonMobil executives believe global oil markets could remain tight for another three to five years, largely because of a lack of investment since the pandemic began, Bloomberg reports.

Companies revising financial plans, buying back debt as interest rates climb

Companies are buying back debt, pushing out maturities and reviewing cash-management strategies as they...

Alford: End may be near for Capitol barnburners

Much like last week, uncertainty continues to plague the biggest stories at the Capitol.

PAR: Lawmakers inaction puts Louisiana’s congressional map in judiciary’s hands 

Surprising few, Louisiana’s latest redistricting session turned out to be a flop, more a...

Louisiana sports betting revenue drops in May 

Louisiana's sports betting continued a downward trend in May, which experts believe is tied to raging inflation, The Center Square reports. 

Plan to revitalize Perkins underpass faces bureaucratic hurdles  

Many fans of the Perkins Road overpass area agree that it succeeds despite some challenging design conditions.
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Following generation ‘alert,’ regulators keeping close eye on summer power usage

Last week, the Midcontinent Independent System Operator, the regional power grid that includes Louisiana, issued a “maximum generation alert.”

Treasury Secretary Yellen open to gas tax holiday   

Treasury Secretary Janet Yellen said Sunday that she expects the U.S. economy to slow...

Why are refineries closing amid oil price windfall? 

Even as oil and gas companies’ profits soar, refineries across the country are being retired and converted to other uses as owners balk

Former Louisiana House speaker part of $9M swampland deal at taxpayer expense 

The state of Louisiana has set aside $9 million to buy 2,000 acres of swampland in St. James and Lafourche parishes partly owned by Charles DeWitt,
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