Louisiana
Louisiana oil and gas industry concerned for the future due to planned decrease of offshore leases
LAKE CHARLES, La. (KPLC) – A big change to how oil and gas companies do business in the Gulf.
The Biden administration plans to decrease the number of offshore oil and gas leases over the next 5 years.
As you can imagine, that was a hot topic at this week’s annual meeting of the Louisiana Oil and Gas Association.
The administration said oil and gas companies would be able to drill in just three new areas in the Gulf between 2024 and 2029.
This decision left much of the LOGA Board concerned for the future.
“If you look at the leasing program that the administration finalized in December, it offers the fewest leases in the program’s history. This year, 2024 will be the first year in the program’s history that we will not have a single offshore lease sale. Again, we think that is a fundamentally misguided view,” said LOGA member Dustin Meyer.
The five-year program includes an oil sale every other year, in 2025, 2027, and 2029.
Climate advocates want the administration to end new leasing altogether.
Also discussed, the Biden administration’s decision to halt future LNG projects.
“There’s tremendous buyer demand from every corner of the globe. They want more U.S. gas. We have a long history of making that supply available until now. That success story is jeopardized by this administration’s really misguided decision,” said Meyer.
Meyer says apart from leasing the oil and gas industry is focused on reducing emissions especially when it comes to methane.
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When it comes to retiring, the best places to do so often are affordable, have a high quality of life and access to quality healthcare.
If you’re looking for a place to retire, Niche has identified the best places for retirees in Louisiana.
In its list, Niche has taken into account factors like weather, crime rates, housing costs and access to amenities.
The 5 best places to retire in Louisiana according to Niche
These are the top five best places to retire in Louisiana, according to Niche.
1. Oak Hills Place
Oak Hills Place is a suburb of Baton Rouge and is the overall best place to retire in Louisiana. This suburb, located in East Baton Rouge Parish, has a population of 9,038 and offers residents an urban suburban mix feel. The area is highly rated for families, diversity, as well as health and fitness. Here, the median home value is $437,900 and the median rent is $1,422, according to Niche.
2. Westminster
Westminster is another suburb of Baton Rouge and is the second-best place to retire in Louisiana. Located in East Baton Rouge Parish, this suburb has a population of 2,559 and offers residents an urban suburban mix feel. This area is highly rated for nightlife, diversity, families, health and fitness, as well as commute. The median home value here is $266,100 and the median rent is $1,482, says Niche.
3. River Ridge
River Ridge is a suburb of New Orleans, located in Jefferson Parish, and is the third-best place to retire in Louisiana. This suburb has a population of 13,312 and offers residents a dense suburban feel. The area is highly rated for public schools, family, nightlife and diversity. The median home value is $357,400 and the median rent is $1,127, according to Niche.
4. Westlake
Westlake is a town in Calcasieu Parish that is among the best places to retire in Louisiana. With a population of 4,743, this town offers residents a rural feel. The town is highly rated for public schools, housing, families, jobs, cost of living, nightlife and weather. Here, the median home value is $166,100 and the median rent is $1,049, says Niche.
5. Prien
Prien is another town in Calcasieu Parish that is among the best places to retire in Louisiana. This town has a population of 7,119 and offers residents a suburban rural mix feel. The town is highly rated for public schools, housing, families, nightlife and weather. The median home value here is $278,000 and the median rent is $1,292, according to Niche.
Presley Bo Tyler is the Louisiana Deep South Connect Team reporter for USA Today Network. Find her on X @PresleyTyler02 and email at PTyler@Gannett.com
A motorcyclist is recovering after a West Monroe crash involving an 18-wheeler, while Chevron won a Louisiana Supreme Court ruling shifting a major coastal lawsuit back to lower courts. Ouachita deputies arrested a suspect and recovered more than a dozen guns, Mississippi passed a new school social-media safety requirement, and Louisiana’s House advanced a unanimous state budget. A new recovery center opened, and multiple weekend events are underway across northeast Louisiana, plus national updates include stock-market stress guidance, a Ford F-150 recall, Spirit Airlines uncertainty, and tax-refund tips.
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