OUT OF WORK: With the number of active rigs in Louisiana at a record low, liftboats sit in storage at the Port of Iberia in New Iberia. (Photo by Tim Mueller) Quay McKnight’s father survived the oil bust of the 1980s. He came away with an important lesson that he hammered into his son: Do
With oil prices at rock-bottom, Louisiana companies that depend on drilling are in survival mode.
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