The Roaring 20s were a time of unprecedented economic prosperity in America. A century has since passed. Can Louisiana and its oil and gas industry experience roaring economic prosperity once more?
Let’s take a look. One hundred years later, our nation’s economy is booming. Unemployment is at record lows, the stock market is at record highs, and it seems that everywhere you look, President Trump’s business acumen has acted like a shot of adrenaline for America.
Energy producers are no exception. Reforms of rules and regulations that had previously hindered industry growth have expanded offshore drilling, streamlined the pipeline permitting process, and made the United States an oil and gas powerhouse once again.