David Dismukes, executive director of the LSU Center for Energy Studies, will discuss changing energy prices and how they will impact planned industrial projects in the Capital Region and across south Louisiana at a breakfast event next week.
Presented by Regions Bank and 10/12 Industry Report, “Industry on the Move: What’s Next?” will take place from 8 to 9:30 a.m. Tuesday, May 5, at the Renaissance Hotel, 7000 Bluebonnet Blvd.
There is no charge to attend, but seating is limited and tickets are required. Get complete event details and get your tickets.
As detailed in a feature from the spring issue of 10/12 Industry Report, the decline in oil prices from more than $110 a barrel last June to below $50 a barrel in January has sparked worry in some quarters that the drop might not only strike a blow to the petroleum industry, but could also endanger what many see as the biggest industrial expansion in Louisiana’s history.
Dismukes tells the magazine that gauging the future of those projects requires speculating not only on the direction of commodity prices, but also on how close the price of oil may come to the price of natural gas.
“It’s not the absolute price that matters for some of these projects, it’s the differential between gas and crude,” he says.
Read the full feature. Send your comments to editor@1012industryreport.com.
