Structural Shifts and Concentration of Regional Economic Activity Supporting GOM Offshore Oil and Gas Activities
David Dismukes and Allan Pulsipher. Funded by the U.S. Department of the Interior, Minerals Management Service and the LSU Coastal Marine Institute. Project Funding: $74,644.
The effects of consolidation, and their impacts on local communities is complicated. After a sustained period of consolidation and contraction in the industry, higher prices over the past six years has resulted in a resurgence of oil and gas related activity. The employment benefits of this activity, however, have been uneven. Texas, New Mexico and the Rocky Mountain region have seen considerable increases in drilling rig activity, and employment, over the past several years, while the offshore Gulf of Mexico ("GOM") and mid-continent region have lost out.
The purpose of this research will be to conduct a comprehensive examination of the concentration and industry-related changes in oil and gas related employment in Louisiana with a special emphasis in the relative regional changes between various Louisiana municipal areas.