Videographic: Oiling the wheels of the state

submitted by staicueugen1 on 12/18/15 1

THE Deepwater spill in the Gulf of Mexico is having a profound effect on Louisiana's economy. The state's offshore oil fields are among the largest in America, and its oil and gas industries contribute $30 billion to state coffers each year. Louisianans fear the spill, and the resultant six-month moratorium on offshore drilling, will have the same traumatic effect on the oil business that it is having on fishing and tourism. For more on Louisiana after the spill, see this video. Subscribe NOW to The Economist: econ.st/1Fsu2Vj Get more The Economist Follow us: twitter.com/TheEconomist Like us: www.facebook.com/TheEconomist View photos: instagram.com/theeconomist/ The Economist videos give authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.

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