1531 replies to this topic

[richyb83]

Upside of high oil prices: State gains from royalties

Higher-than-anticipated oil prices swelled Louisiana's expected budget surplus from the 2007-08 fiscal year by $175 million, state economists said Monday. The windfall from oil and gas royalties, combined with about $640 million in unspent tax revenue from the budget year that ended June 30, means legislators will have an estimated $815 million surplus to spend after it is officially certified early next year.

But economists warned that Louisiana's post-hurricane economic boom, which has brought in record revenues to state government and produced an unprecedented string of budget surpluses, is about to come to an end.

But the economists warned that the state could face a significant hit if the economic volatility on Wall Street begins to effect the rest of the economy. A nationwide credit crunch could hurt Louisiana businesses, while an economic slowdown could reduce the demand for energy, thus depressing oil prices.

http://www.nola.com/...x....xml&coll=1

[richyb83]

CONGRATS to Louisiana for reaching the 30,000 post!!! It's been a fun ride!

Thanks for getting the ball rolling Nate! Where you at??

[SBCmetroguy]

richyb83, on Dec 15 2008, 08:17 PM, said:

CONGRATS to Louisiana for reaching the 30,000 post!!! It's been a fun ride!

Congrats! Wish I could say I have been a big part of that, but not for the past year or so.  

Quote

Thanks for getting the ball rolling Nate! Where you at??

Yeah I've been wondering this lately, myself. Hope all's well, Nate. Probably just busy with life.

[dan326]

It's great that Louisiana has so many active posters! Like Richy had said before, it's strange to see  that Louisiana is so active and the Houston thread is pratically dead. I think part of it is because Houstonites are so used to development that they don't get excited about it as much.

Also, a  congratulations to the Baton Rouge thread for becoming the largest thread by a big  margin. And the thread and the city are still growing.

[richyb83]

HAPPY NEW YEAR to all on UP!!!    

Hard to believe it's really 2010...

[richyb83]

CRAZY STUFF... it was only a 3.0..but it was still an EARTHQUAKE!!  

Last Sunday night at 11:34pm just east of Clinton...about 35-40 miles NNE of Baton Rouge.

Earthquake shakes south Louisiana town
People living in Clinton received an unpleasant wake-up call late Sunday night when a minor earthquake rattled the city. The tremor struck just after 11:30 p.m. There was no impact or damage reported.

According to the U.S. Geological Survey, the quake had a 3.0 magnitude. It is classified as minor, but in a place not accustomed to them, they can be quite scary.

There are reportedly 49,000 similar quakes of that size worldwide per year.

The last time Louisiana felt an earthquake was in June 1967. According to the USGS, a 3.8 quake near Greenville, MS affected parts of Mississippi, Louisiana, Arkansas and Tennessee.

In Nov. 1958, an earthquake in Baton Rouge shook houses and rattled windows. It was also felt in Baker and Denham Springs.

http://www.wafb.com/....asp?s=12914757

Edited by richyb83, 08 August 2010 - 11:45 PM.

[hagetaka]

richyb83, on 08 August 2010 - 11:44 PM, said:

   ....

CRAZY

[richyb83]

Starchitecture: A Modest Proposal
The trophy building is so over. Welcome to the era of design on a diet.
The phenomenon of using iconic architecture to promote a city, an institution, or a real-estate development was a product of the economic boom that began in the late 1990s and ended with the recession in 2008.

As Western economies begin to recover, extravagant, eye-popping architecture is giving way to a subtler new aesthetic. In the U.S. and Europe, architectural values are shifting from can-you-top-this designs toward more efficient, functional building. Innovation and experimentation are increasingly directed at sustainability and new technology. For a younger generation of architects in particular, “the spectacle building is kind of a dinosaur,” says Rosalie Genevro, director of the Architectural League in New York. Architects, too, are engaging more in collaboration as they turn their attention to urban planning, civic projects, and the creation of public space. What shapes new buildings will take in the next decade isn’t yet clear, but fresh visions are beginning to emerge from the downturn. “It’s like a forced diet,”

http://www.newsweek....t-proposal.html

[Antrell Williams]

Very well done video of the planking fad, in the Quarter

[richyb83]

^That video is wack!

Just wondering how the New Orleans thread jumped 15,000 replies over the past week?? Now at 20,973?? Interesting...

[Antrell Williams]

Wow that was almost a year ago.

[richyb83]

Wow...in just one day now the replies have jumped to 23,572! This has to be a record