Gas, oil leaders tell workers industry will bounce back - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Gas, oil leaders tell workers industry will bounce back

Source: WAFB Source: WAFB
BATON ROUGE, LA (WAFB) -

Several hundred people gathered for lunch at the State Capitol Monday to support the state's oil and gas industry.

Industry leaders at the event are optimistic the business will bounce back after the recent fall of oil prices.

They spoke to hundreds of workers and supporters Monday afternoon at the Pentagon Barracks. Those who came out wore bright green t-shirts promoting their work.

Leaders say the industry is facing too much interference from the federal government. Meanwhile, the drop of oil prices is being blamed for a $400 million chunk of the state's massive deficit

"Oil prices are down. Natural gas prices are down, but they will go up. It will change, and we are a resilient, resilient industry," said Don Briggs, President of Louisiana Oil & Gas Association.

The oil and gas industry is the state's largest employer.

After the lunch, many of the people went inside the Capitol to sit in committee meetings and talk with lawmakers.

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