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re: Update, May crude oil futures now down to under $12
Posted on 4/19/20 at 9:47 pm to BeepNode
Posted on 4/19/20 at 9:47 pm to BeepNode
Well, its not just about the workers but the economy of La.
You can’t “literally” turn off that revenue and expect the state to fund services as it was budgeted
I believe every dollar dropped on a barrel of oil is hits the budget around 10m with last years budget set around 57-8 dollars a barrel.
You can’t “literally” turn off that revenue and expect the state to fund services as it was budgeted
I believe every dollar dropped on a barrel of oil is hits the budget around 10m with last years budget set around 57-8 dollars a barrel.
1
Posted on 4/19/20 at 9:51 pm to t00f
quote:
I believe every dollar dropped on a barrel of oil is hits the budget around 10m with last years budget set around 57-8 dollars a barrel.
So you're saying that the rest of the country should pay an extra $200+ billion a year so that Louisiana state government can get $40 million?
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