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And like most oil producing areas that money never sees/sticks to the bottom end. Basically like a gold rush town when it’s over it’s over.
by Danox 5mo ago
And like most oil producing areas that money never sees/sticks to the bottom end. Basically like a gold rush town when it’s over it’s over.
- sarchertech 5mo agoLouisiana only pumps about 3-4% of the total crude oil that the US produces. The money in Louisiana is primarily in refining oil pumped elsewhere. There are definitely externalities that big oil unloads on the people of Louisiana, but the refineries inject a lot of money into the community.