As Dr. Loren Scott prepares to present his annual Louisiana Economic
Outlook at the sixth annual Entrée to Business Luncheon in Lafayette,
he is keenly aware that one of Acadiana’s key industries is at a
tipping point. “Seldom has the Lafayette economy hung by a string like
the one it faces over the next two years,” says the professor emeritus
of economics at LSU. “President Obama has proposed $33 billion in new
taxes on the extraction industry. Just proposing the tax has caused a
significant drop in the rig count and created job losses in Lafayette
despite high oil prices. Will this legislation ultimately pass? That’s
the ‘string’ that will determine Lafayette’s future over 2010-11.”
Scott’s fall forecast always draws a packed house. Tickets are now on sale for the event, slated for Tuesday, Oct. 13, at The Cajundome Convention Center at 11:30 a.m.
MidSouth Bank and Dwight Andrus Insurance join forces once again as presenting co-sponsors for the luncheon, which is a sell-out each year. Attendees are encouraged to buy their tickets early.Individual tickets are $45. Reserved tables of eight are $395. Each attendee will receive a CD with Scott’s complete LEO report along with his PowerPoint presentation specific to Acadiana statistics, made possible in part by Vidox Productions. Additional information, including a ticket order form, is available online at www.acadianabusiness.com; click on the INDevents button. For information or to order by phone, contact Kathy Lowry at 337-769-8620.
Louisiana has joined nine other states in support of Indiana’s appeal of a federal judge’s ruling that the Hoosier State’s ban on sam-sex marriage violates the Constitution.
The eclectic vibe of summer
Three bedroom River Ranch cottage or four bedroom Youngsville traditional home
The parent of Investar Bank says its second-quarter earnings fell to $1.1 million or 26 cents a share from $1.7 million of 44 cents a share in the same period a year ago.
1,554 rigs were exploring for oil and 315 for gas. Two were listed as miscellaneous. A year ago there were 1,770 active rigs.
The Saints are being cautious in an effort to minimize risk of re-injury.
Most personal auto insurance policies exclude coverage when people charge money to drive others in their personal vehicles.
In this letter to the editor, Lafayette Parish School Board member Shelton Cobb (the board's former president) weighs in on the difficulty behind this year's budget process, calling out a number of his fellow board members over their inability to drop their power struggle with the superintendent and make the interests of the students a top priority.
Acadiana's nightlife guide.
LSU Health Sciences Center says people with a common, hard-to-treat kind of lung cancer can join a new national trial to test drugs faster.
As New Orleans Saints coach Sean Payton and general manager Mickey Loomis spoke about the opening of training camp, steep, tree-covered mountains were in full view behind them.
The family of fallen cyclist Lon Lomas is speaking out after the release this week of the man charged with his death.
"The solutions are obvious: undo consolidation, or amend the charter to make this hybrid attempt at a new form of government work better."
Friday's Blogs from the Bog!
A refreshing twist at a Lafayette institution comes served with a black bean salad stuffed avocado
Marijuana source of disputes for HOAs; experts say still safe to fly; Russian-supported attacks on Ukraine and more national and international news for Friday, July 25, 2014.
Louisiana's 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier.
Three bedroom Sunset Victorian or three bedroom Opelousas Acadian home
Louisiana designer commissioned for NYC Awards gift
The Board of Elementary and Secondary Education is considering whether to get involved in a lawsuit against Gov. Bobby Jindal for his attempts to undermine use of the Common Core education standards in Louisiana's public schools.
Business First Bank has announced plans for a Baton Rouge market expansion through a merger deal with American Gateway Financial Corp.
Acadiana's nightlife guide.
The latest meeting of a south Louisiana flood board that stirred political turmoil with a lawsuit against the oil and gas industry is taking place amid uncertainty over the future of the lawsuit — and the board's own membership.
The photos taken nearly a mile under the Gulf of Mexico are so clear that small holes are visible in a lifeboat that may have gone down or been scuttled when a passenger ship was sunk by a Nazi submarine in 1942.
Advocate columnist and Jindal shill Quin Hillyer has been against the New Orleans levee board lawsuit from day one, but a recent piece targeting author/activist John Barry prompted the perfect rebuttal from the board’s former vice-president, who takes Hillyer to task on just about every distorted claim he’s made on the issue.
INDEats and EatLafayette want to give one lucky foodie and friends the most memorable meal — here’s how you can win
Thousands of people who bought health insurance through the marketplace created by the federal health care overhaul face price hikes next year that could top 10 percent.
Three bedroom traditional Lafayette home or three bedroom Breaux Bridge home
Style market slated for old Artesia
The city prosecutor has released the case file for Lafayette Parish School Board member Tehmi Chassion’s simple battery complaint against Superintendent Pat Cooper, and the seven witness statements given to police illustrate two very different scenarios.