Russia’s invasion of Ukraine sparked oil prices to soar past 100-dollars this morning for the first time since July 2014. Executive director at the Center for Energy Studies at LSU, David Dismukes, says inflation is already high and the Russia-Ukraine crisis will only push prices higher
Louisiana Congressman Mike Johnson, who serves on the House Armed Services Committee says even with the Biden Administration announcing a new set of sanctions aimed at Russian banks and technology firms and new export controls also he feels it’s too little too late.
As U-S for boots on the ground in Ukraine, Johnson says we don’t have the capability of doing that right now.
The Public Service Commission is urging Louisiana utilities, electric, gas, and water to step up their cyber security as a result of the unrest caused by Russia’s invasion of Ukraine. PSC member Lambert Boissiere says Russia’s aggression may not be limited to military airstrikes on Ukraine
Louisiana Agriculture Commissioner Mike Strain is worried about rising prices as a result of the Russia-Ukraine conflict. Strain says Russia is a major exporter of natural gas, which is needed to produce fertilizer. He says the cost of fertilizer is already high…
Strain says Ukraine has some of the most fertile soil in the world and is a major exporter of wheat and grain.