Do You Think Low Oil Prices Will Cost Southwest Jobs? [POLL]
A year ago no one would have predicted oil falling below $25 a barrel. It did yesterday! Back in June of 2014 oil was at $115 a barrel. There are lots of theories as to why this is happening. Places like Lake Charles, Lafayette and Baton Rouge are heavily tied to the oil industry in the gulf. Lake Charles has diversified with casinos and natural gas; but the oil industry is still a huge economic powerhouse here. Do you think the low oil prices will cost us jobs in Southwest Louisiana?