“Reuters: The Crafty US State That’s Showing How to Thrive Under Trump”
“Louisiana has long been overshadowed by its more showy neighbour Texas, which boasts a larger economy and population and has for decades wielded greater sway among policymakers in Washington DC and on the world stage.
But the Bayou State is staging a revival that could see it emerge as the more dynamic and influential Gulf Coast hub over the coming decades, thanks to a development blueprint that could be described as being all things to all people.
As the main exit point for U.S. LNG exports, Louisiana is a key cheerleader of the “drill baby drill” vibe stemming from the new administration of U.S. President Donald Trump, and is also home to some of the country’s most important natural gas basins.
The state is also planning for a brand new multi-billion dollar steel plant that was celebrated at a White House ceremony earlier this year heralding a return of traditional manufacturing to the United States.
Yet Louisiana’s smokestack industries – which include century-old refining and chemicals sectors – are also at the cutting edge of an ongoing carbon capture drive that has made the state a major player in the clean energy field.
Throw in a leading hydrogen industry, a battery production sector and a growing data center presence, and Louisiana could offer something for whichever party is in power in Washington, with industries fit for America’s 21st century needs.”
If you are interested in learning more about ExxonMobil’s clean energy efforts, sign up below: