If you’re filling up your vehicle today, you might notice an ever so slight decrease in prices. Brooke Thorington has more
Cut 1 (27) “…I’m Brooke Thorington.”
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The state’s oil and gas industry is on a steady climb back after struggling through the pandemic. David Grubb has more.
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The average price for a gallon of regular gas in Louisiana today is $4.13, down two cents from the record high of $4.15 set on Friday. Triple-A fuel analyst Don Redman says it’s too soon to say if prices have peaked at the pump.
Redman believes if peace negotiations are reached then gas savings will continue. Another factor that’s dropped the price of crude oil is the possibility of another COVID lockdown in China which would reduce demand.
And while prices jumped quickly, they won’t necessarily fall at the same speed. Redman says that’s because when forecasters estimated crude oil prices could reach $200 a barrel many distributors locked-in prices for example at $130 a barrel.
As for making any drastic budget changes in hopes that gas prices will continue to decline, Redman recommends budgeting for $4.00 a gallon at least until May and practice fuel efficiency.
The average price for diesel in Louisiana today is $4.97 a gallon.
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The U-S Senate has approved legislation to make daylight saving time permanent. It was a unanimous vote in support on the Senate side, but still needs House approval and President Biden’s signature. State Representative Dodie Horton from Haughton is a supporter of Daylight Saving Time year-round…
Cut 6 (07) “…energy cost saving”
Horton authored legislation in 2020 that was signed into law that would allow Louisiana to adopt daylight saving time as the year-round standard if the federal government gave states the option to decide. Horton says she’s excited to see the Senate unanimously vote to make daylight saving time permanent…
Daylight Saving time runs from March to October. During standard time, clocks are moved an up hour. If Daylight Saving time is year-round, the sun will not rise in January until well after 7 AM. But Horton believes changing clocks twice a year is a bigger problem for the public…
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According to the Louisiana Department of Natural Resources, requests for drilling permits have been steadily climbing as gas prices continue to rise. Communications director Patrick Courreges says after seeing a wave of COVID closures in 2020, the oil and gas industry has bounced back as prices have stabilized.
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Over the past year, DNS has seen a 28 percent increase in permits, and Courreges says that numbers continue to trend upward.
In 2020 roughly 26 rigs were operating. This year, that number has nearly doubled with more coming down the proverbial pipeline. Courrages says companies are ready once again to make major investments in people and equipment.
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Ukrainian President Volodymyr Zelensky made an emotional plea to the United States Congress today that his country needs more assistance from America to help fend off Russia’s assault on his nation. Louisiana Senator John Kennedy says the U-S wants to help
Cut 12 (14) “…liberty and guts.”
Zelensky spoke to federal lawmakers via video from his office in Kyiv. Kennedy says Zelensky made it clear he’s not asking for American troops, but military aid to combat Russian warplanes…
After Zelensky’s address to Congress, President Biden announced plans to send an additional 800-million dollars in military aid to Ukraine. Kennedy says in an ironic twist it’s Russia who established the precedent when it comes to providing another country with anti-aircraft systems…