NEW ORLEANS — Businesses and households have lower energy and product costs and Louisiana motorists can pump gasoline for less than $2 a gallon these days.
But economic pain also flows from the collapse in world oil prices, as was evident last week at the state Capitol, in a federal courtroom and in Lake Charles, where a major energy company tapped the brakes.
A day-by-day look:
On Monday, in Baton Rouge, the state’s income forecasting panel lowered revenue projections by $103 million for the fiscal year that ends June 30. It means the state is looking at its second midyear budget deficit since