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(The Center Square) − Louisiana’s economy continues to show steady growth, with over 20,000 jobs added in the past year, according to new data from the federal Bureau of Labor Statistics. As ...
The state of Louisiana issued its first offshore oil and gas lease in 1936, and the following year the Pure Oil Company discovered the first Louisiana offshore oil field, the Creole Field, 1.2 miles (1.9 km) from the shore of Cameron Parish, from a platform built on timber pilings in 10-to-15-foot-deep (3.0 to 4.6 m) water.
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But the abandoned Esler presented the Louisiana National Guard with a golden opportunity to expand the area available to conduct its training. On June 1, 2001, the Rapides Parish Police Jury transferred the airport's management to the Louisiana Army National Guard in a 99-year lease. Today, Esler is the site of numerous training exercises.
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The Louisiana branch was later absorbed by Standard Oil of New Jersey. Beginning in 1930, United Gas Corporation, the nation's busiest pipeline operator and massive integrated oil company, was headquartered in Shreveport. Pennzoil performed a hostile takeover in 1968, and forced a merger. In the 1980s, the oil and gas industry suffered a large ...
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