Exit this survey
 
 50% of survey complete.
Who are the winners and losers in Louisiana from the drop in prices?

Crude oil prices have crashed from a high of $110 per barrel to below $50 per barrel. Over supply, driven by higher US shale oil production, and a slowdown in many major economies are some of the reasons for the drop in crude oil prices. Who are the winners and losers in Louisiana from the drop in prices? How will the decrease in oil and gas revenues affect the state’s budget? Can sales taxes make up the difference? And will the reduction in state revenue mean a reduction in state services? Louisiana Public Square looks for answers on ”Dollars per Barrel: Oil Prices & Louisiana” airing February 25 at 7 p.m. on LPB HD.

Question Title

* 1. How important do you think the oil, gas, and petrochemical industries are to the overall economy of Louisiana?

Question Title

* 2. Thinking about the amount of money you spend in a month on gasoline, are you spending more, less, or about the same as you did a year ago?

Question Title

* 3. Do you think gas prices today are too high, too low, or about right?

Question Title

* 4. As it turns out the average price of gasoline in Louisiana has dropped by more than a dollar per gallon over the past year. What effect has this drop in the price of gas had on how you are doing financially – a very positive effect, a somewhat positive effect, neither positive nor negative effect, a somewhat negative effect, or a very negative effect?

Question Title

* 5. What effect has this drop in the price of gas had on the overall economy of Louisiana – a very positive effect, a somewhat positive effect, neither positive nor negative effect, a somewhat negative effect, or a very negative effect?

Question Title

* 6. What effect has this drop in the price of gas had on the budget of Louisiana state government – a very positive effect, a somewhat positive effect, neither positive nor negative effect, a somewhat negative effect, or a very negative effect?

Question Title

* 7. You said you are spending less money on gasoline these days than you did a year ago, are you saving this extra money or are you spending it on other things besides gasoline?

Question Title

* 8. What are you mostly spending it on?

Question Title

* 9. To the best of your knowledge, about what percentage of the budget of Louisiana’s state government comes from taxes and fees on the extraction and production of oil and gas? Enter a number between 0 and 100.

Question Title

* 10. As you may know, when gas prices drop Louisiana’s state government receives less money in taxes from the oil and gas industry which leads to budget shortfalls. These shortfalls often require cutting hundreds of millions of dollars from state spending on a variety of services like higher education, healthcare, or road and highways. With this in mind, which do you prefer – you paying more for gasoline and the state cutting fewer services OR you paying less for gasoline and the state cutting more services?

Question Title

* 11. Would you favor or oppose an increase in the state gasoline tax if the money were dedicated to improving state highways, bridges, and other infrastructure?

T