Facing off: Together Baton Rouge will host an assembly next week with candidates in the runoff elections for Baton Rouge mayor and Metro Council. The assembly will take place on Thursday at 6:30 p.m. at Shiloh Baptist Church, 185 Eddie Robinson Sr. Dr. Issues on the agenda include flood recovery, police reform, access to healthcare and grocery stores, and economic development. Seating will be limited, and pre-registration is required. Get more information and register to attend. See the candidates on the Dec. 10 runoff ballot.
In the bank: The Louisiana Mineral and Energy Board sold two leases covering 646 acres in Plaquemines Parish for $131,428 at its monthly lease sale held Wednesday in Baton Rouge. Thus far in the fiscal year that began July 1, the board has collected $696,455 in revenue for the state through its monthly lease sales. Last fiscal year, the board generated $5.5 million in total mineral bonus payments to the state.
Supply and demand: The Organization of the Petroleum Exporting Countries reported a record high increase in oil production by its members in October, pointing to an even larger global surplus next year, Reuters reports. Hoping to be exempt from the group’s attempt to curb supply, OPEC members pumped 33.64 million barrels per day last month, up 240,000 barrels per day from September, OPEC says in a monthly report. The OPEC figures point to a bigger surplus than those of the International Energy Agency and underline OPEC’s challenge in seeking to restrain supplies. Read the full story.
