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Inside the broken supply chain squeezing businesses everywhere
The commercial pipeline that each year brings $1 trillion worth of toys, clothing, electronics and furniture from Asia to the U.S. is clogged and no one knows how to unclog it.
ExxonMobil presses on after other oil giants drop green algae as biofuel
Nearly every other major oil company has abandoned algae research after a flurry of investment at the start of the last decade yielded few results. It’s another example of how ExxonMobil appears to be on a divergent path from its peers.
Feds schedule Gulf offshore oil lease sale for November
President Joe Biden’s administration says it has followed a court order to schedule an offshore oil and gas lease sale for the Gulf of...
Louisiana industry so far not seeing benefit from oil price spike
The recent increase in the price of oil could lead to increases in production and jobs, but the change isn’t showing up in the data yet, the acting president for a state industry group says.
From paints to plastics, a chemical shortage ignites prices
Shortages are cutting into one of the humblest yet most vital links in the global manufacturing supply chain: The plastic pellets that go into a vast universe of products ranging from cereal bags to medical devices, automotive interiors to bicycle helmets.
LSU researchers developing new chemical manufacturing process
A team of searchers from LSU and the University of Delaware are working to develop chemical manufacturing processes that use CO2 feedstocks and renewable energy sources instead of natural gas or petroleum.
Louisiana export terminals up and running but below normal volume
U.S. soybean exports jumped to a six-month peak last week while corn shipments were the highest in a month as Louisiana Gulf Coast terminals...
Natural gas price spike may be short-lived
Natural gas prices have surged recently, but domestic producers haven’t yet ramped up production enough to meet the rising demand, an LSU expert says.
Storm damage to Louisiana agriculture could top $580M
The Louisiana agriculture industry has suffered at least $584 million in damage after Hurricane Ida walloped the southeastern portion of the state
Rising natural gas prices will cost consumers, but there’s an upside for Louisiana industry
Demand for natural gas has risen in recent months while the supply has fallen, causing prices to spike domestically and especially overseas.
South Louisiana ports partnering to request federal aid
Several south Louisiana ports have joined together to request federal assistance in recovering from Hurricane Ida, which damaged port infrastructure, waterways and communities, according to an announcement from the Port of New Orleans.
Oil companies provide millions in aid to communities impacted by Hurricane Ida
Major oil companies that do business in Louisiana are donating millions of dollars to communities impacted by Hurricane Ida.
ExxonMobil Corp. in Baton Rouge is...
Most Louisiana refineries have restarted but oil production lagging
Most of the nine Louisiana refineries shut by Hurricane Ida have restarted or were restarting on Friday, nearly two weeks after the powerful storm...
Ida rebuilding could delay projects, raise costs for homebuilders and buyers
The rebuilding process in southeast Louisiana following Hurricane Ida is likely to lead to delays and higher costs for homebuilders and buyers in the Capital Region, the head of the Home Builders Association of Greater Baton Rouge says.
Louisiana’s energy infrastructure to accommodate used cooking oil
Pipeline operator Kinder Morgan Inc. is converting some of Louisiana’s oil and gas infrastructure to hold used cooking oil and other feedstocks for Finnish renewable-fuels giant Neste, the companies announced Monday.
Kansas City Southern chooses Canadian Pacific railroad bid
Kansas City Southern has decided that a $31 billion bid from Canadian Pacific is the best of two offers on the table to buy the railroad, throwing another obstacle into the possibility of a passenger rail between Baton Rouge and New Orleans.
Stronger storms may require further hardening of infrastructure
Storms are becoming more severe, meaning Louisiana may need to harden road shoulders and embankments more than it has in response to prior hurricanes, a state Department of Transportation and Development spokesperson says.
Gulf oil and gas platforms still offline two weeks after Ida
Nearly half of U.S. offshore oil production remains out of service two weeks after Ida barreled through the Gulf of Mexico as a Category...
Supply problems continue to hamper access to gasoline
Demand for gasoline in the Baton Rouge area has lessened in recent days, as electricity has been restored to nearly 99% of all homes and businesses in the parish.
Feds outline plans to move forward with Gulf oil and gas lease sale
A sale notice for Lease Sale 257 in the Gulf of Mexico will likely be published in the Federal Register this month, under plans...
