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• Lower Gas Prices Means Travel is Up

  June 12, 2012 3:26 PM

  Instead of pain at the pump, how about a little relief for a change? Gas prices have been steadying falling, down 28 cents in just the last month. And just about everyone likes lower gas prices, especially if you're in the RV-ing world. "If they can put less... more »

• Lunch prices to increase at some schools

  June 8, 2012 11:49 AM

  HOUMA, La. (AP) - Parents will pay more for school lunches next year, as federal rules expand while budgets shrink. The Lafourche Parish School Board voted this week to raise the price of each breakfast and lunch by 10 cents. In Terrebonne Parish, the cost of breakfast will stay the... more »

• Gas prices in Louisiana

  June 4, 2012 8:44 AM

  Average retail gasoline prices in Louisiana have fallen 5.1 cents per gallon in the past week, averaging $3.31/g yesterday. This compares with the national average that has fallen 4.5 cents per gallon in the last week to $3.61/g, according to gasoline price website LouisianaGasPrices.com. Including the change in gas... more »

• Gasoline Prices in Louisiana Have Risen

  March 26, 2012 6:15 AM

  Louisiana - Average retail gasoline prices in Louisiana have risen 6.9 cents per gallon in the past week, averaging $3.73/g yesterday. This compares with the national average that has increased 4.5 cents per gallon in the last week to $3.86/g, according to gasoline price website LouisianaGasPrices.com . Including the... more »

• Oil prices fall on concerns of European economy

  January 6, 2012 11:02 AM

  NEW YORK (AP) - Oil prices are falling as concerns about Europe outweigh positive U.S. employment numbers. Benchmark crude fell 51 cents to $101.30 per barrel in New York. Brent crude lost 37 cents at $112.37 per barrel in London. Oil prices rose earlier after the government reported the U.S.... more »

• Oil prices fall on disappointing economic data

  May 17, 2011 10:43 AM

  Oil prices are falling after factory production and new home construction declined in the U.S. last month. Benchmark oil for June delivery fell 67 cents to $96.70 per barrel Tuesday morning on the New York Mercantile Exchange. The Federal Reserve says factories produced fewer goods in April for the first... more »

• Obama Announces Steps to Speed US Oil Production

  May 14, 2011 2:08 PM

  WASHINGTON (AP) - Facing continued public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska's coast and holding more frequent lease sales in a federal petroleum reserve in Alaska. Obama... more »

• Rising Food and Gas Costs Push up Consumer Prices

  May 13, 2011 10:30 AM

  WASHINGTON (AP) - Consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease. The Consumer Price Index increased 0.4 percent in April, the Labor Department said. In the... more »

• Economy Slowed by High Gas Prices, Bad Weather

  April 28, 2011 9:48 AM

  WASHINGTON (AP) - The economy slowed sharply in the first three months of the year as high gas prices cut into consumer spending, bad weather delayed construction projects and the federal government slashed defense spending by the most in six years. The Commerce Department said Thursday that the economy grew... more »

• The Breaking Point of Gas Prices

  April 14, 2011 11:48 PM

  Just about everyone is feeling the pain at the pump right now, and the Energy Department released new numbers warning gas prices could increase 40% this summer, topping $5.00 a gallon. The Energy Department said families will be spending significantly more on gas this year, up $825 per household... more »

• High Gas Prices; Good & Bad News for Local Businesses

  March 2, 2011 3:37 AM

  In the past week alone, gas prices have risen 23-cents in Louisiana, but your everyday drivers aren't the only ones feeling the pain at the pump. Some businesses, which run on fuel are finding it difficult to stay afloat. Take Dixie Cab company in Lafayette, where the spike in gas... more »

• Gas Prices on the Rise

  February 24, 2011 12:25 AM

  Unrest in the Middle East is starting to have an impact here in Acadiana; gas prices are going up. "What we have here is a supply and demand issue," said Mark Lasseigne, a financial advisor with Investment Partners of Acadiana. In the past week alone, Lasseigne says the... more »

• Wholesale Prices Rise for 7th Straight Month

  February 16, 2011 9:12 AM

  WASHINGTON (AP) - Wholesale prices rose sharply in January due to higher costs for gas, pharmaceuticals and other goods. Excluding the volatile food and energy categories, wholesale prices rose by the most since October 2008. The Labor Department said Wednesday that the Producer Price Index rose by 0.8 percent last... more »

• Oil Prices Rose Wednesday

  October 6, 2010 12:28 PM

  NEW YORK (AP) -Oil prices rose Wednesday as the dollar continued to weaken and stocks held their ground after Tuesday's big rally. Benchmark crude rose $1.07 to $83.89 a barrel on the New York Mercantile Exchange. It gained $1.35 to settle at $82.82 on Tuesday. Gasoline pump prices climbed... more »

• Oil Prices Rose Wednesday

  September 29, 2010 3:42 PM

  Oil prices rose Wednesday after the government reported inventories fell last week, though supplies remained well above the five-year average. Benchmark crude for November delivery gained $1.20 to settle at $77.86 a barrel on the New York Mercantile Exchange. Meanwhile, the national average for a gallon of regular gasoline didn't... more »

• Prices hurting but Shrimpers celebrate in Delcambre

  August 19, 2010 8:08 PM

  The Shrimp Festival is underway in Delcambre but for those who work in the celebrated industry, times are tough. "Prices used to be at $2.00 a pound," Shrimper Jimmy Dupre said. "Now, the processing plants want to pay us a dollar a pound." Last Friday, shrimpers felt they... more »

• Louisiana Shrimpers Worry About Prices for Next Season

  August 16, 2010 5:40 AM

  NEW ORLEANS (AP) - Shrimpers trawling Louisiana waters Monday in the first commercial season since the Gulf disaster don't know what dangers from the massive BP oil spill still lurk and what market there will be for their catch if consumers don't believe the seafood is safe. Perhaps the biggest... more »

• Oil Prices Fell Tuesday

  August 10, 2010 12:20 PM

  Oil prices fell Tuesday on more signs of slowing U.S. and global economies, and the Federal Reserve debated the best ways to energize the recovery. Benchmark crude fell $1.24 to $80.24 a barrel in midday trading on the New York Mercantile Exchange. At the pump, the national average for a... more »

• Below Freezing Temps Make Crawfish Prices Soar

  March 22, 2010 11:49 AM

  BILOXI, Miss. (AP) - Coast seafood shop owners say below-freezing temperatures in January have made crawfish scarcer, keeping prices higher. Todd Rosetti of Quality Seafood in Biloxi tells The Sun Herald that the ponds are producing about half of what they should be. Those ponds lie near the Louisiana-Texas state... more »

• Low Temperatures Could Mean High Prices For Crawfish

  January 12, 2010 12:58 PM

  BATON ROUGE, La. (AP) - Colder-than-normal weather in January is hurting the crawfish harvest, and that's expected to increase prices for mudbugs. LSU AgCenter research Ray McClain says catch is related to water temperature. Once temperatures go below 60 degrees, crawfish become less active and are less likely to become... more »