LOGA: Half of oil producers say bankruptcy likely, a quarter of workers laid off
BATON ROUGE, La. (KLFY) — A “point-in-time” survey by the Louisiana Oil and Gas Association (LOGA) shows the devastation being felt in the state’s oil production is moving quicker than previously projected. The survey from LOGA’s members consists of 450 exploration and production and service companies across Louisiana. The oil glut generated by the Saudis […]