April 19, 2018

Oil Closes at Highest Point in 3 Years

Oil Closes at Highest Point in 3 Years

 

Here in Louisiana we all know how big of a part the oil and gas industry play a part in our day to day life. Which is why it was such great news when we read this article from the Houma Times dated 4/11/18 which stated, “The oil and gas industry reached a new peak today on the market. The price of oil closed at $66.74/barrel on Wednesday – up more than $3/barrel from the $63/barrel price tag it carried at the start of the week. The $66.74 price is significant. It’s the highest price that oil has carried since the start of 2015 – the beginning of the economic downturn locally, which has lasted for 40-plus months.”

For more information and to read the full Houma Times article, click here.

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