Oil prices this week hit multiyear highs above $70 a barrel, punctuating a global economic reawakening that has raised the prices of a broad range of commodities. But that doesn’t mean Louisiana should expect more drilling activity any time soon, according to one local energy expert.
Franklin Associates is trying to rezone the former Church of the Way Presbyterian site in Mid City—which the local consulting firm has been transforming into a conference and event center—to allow for alcohol sales at the new venue, called The Executive Center.
The Louisiana Association of Business and Industry is conducting a survey of businesses around the state that are struggling to hire workers as they seek to resume normal operations.