Federal Reserve Bank of Atlanta: Over a Century of Ups and Downs, Louisiana Remains Tied to Energy
June 19, 2020
June 19, 2020
ATLANTA, Georgia, June 19 -- The Federal Reserve Bank of Atlanta issued the following Regional Economics article by Charles Davidson, staff writer for economy matters:
It's a strange business, energy.
Almost no one can live without it, so there's always a market. But the key to prosperity for those who produce and sell oil and natural gas is to fetch a reasonably high price for the commodity--just not too high, lest that unleash a flood of supply and push pric . . .
It's a strange business, energy.
Almost no one can live without it, so there's always a market. But the key to prosperity for those who produce and sell oil and natural gas is to fetch a reasonably high price for the commodity--just not too high, lest that unleash a flood of supply and push pric . . .