economy

Gulf Oil Spill
6:03 pm
Wed December 14, 2011

Interior Secretary Conducts Gulf Oil Lease Sale

The Interior Department has conducted the first sale of leases on drilling rights in the Gulf of Mexico since the BP spill last year. It comes after environmental groups failed to block the sale.

Interior Secretary Ken Salazar traveled to New Orleans to announce bids on leases for the western Gulf off Texas. He says deepwater drilling is now safer than it was before the BP well exploded, spilling more than 200 million gallons of crude into the Gulf.

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Economy
9:57 am
Fri December 5, 2008

NOLA well positioned to ride out recession

While the nation continues to suffer through an economic recession, some experts say New Orleans is one of the best places in the country to ride out the tough times.

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