LAFAYETTE, La. — Gov. Jeff Landry signed a sweeping package of energy legislation Tuesday aimed at reducing energy costs, strengthening landowner rights, and encouraging new oil and gas production across Louisiana.
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Motorists don't have to worry about a massive spike in prices at the gas pump yet, according to industry analysts.
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Louisiana Gov. Jeff Landry signed several bills Tuesday to "unleash coastal energy production" by cutting oil severance taxes and providing "equal treatment for all energy sources."
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President Donald Trump is cautioning against oil price hikes and urging his administration to increase domestic oil production in the wake of the U.S. attack on Iran over the weekend.
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Everyone knows the feeling: tossing and turning during a hot, sticky night when sleep feels impossible.
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Oil prices continue to plunge on Monday afternoon following US President Donald Trump's announcement of a tentative ceasefire between Israel and Iran, significantly reducing geopolitical risk premiums. West Texas Intermediate (WTI) crude for August delivery fell as much as 5.1% to $65.02 per barrel during early trading…
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