Here is the link to the whole story. It looks like the state is between a rock and a hard spot. Unemployment is unusually high and the Gulf of Mexico oil drilling being shut down has really put a damper on the local income. Not to mention the income from fishing and tourism.
And Brazil is now interested in doing some deep water drilling. The deep water rigs were all tied up drilling holes for us but since we shut them down I would guess there is nothing to keep them here. I would also assume that the income will not be Louisiana income since they will be in Brazil.