Aug.27 — Hurricane Laura raked Louisiana early Thursday, becoming one of the most powerful storms ever to hit the state, leaving in its wake chemical fires, wrecked buildings, flooded roads and what could be more than $15 billion in insured losses. Bloomberg’s Lisa Abramowicz talked to Bob Yawger, Director of Energy Futures at Mizuho about what the impact could mean for the U.S. Oil Market. August 26, 2020
In This Story: Louisiana
Louisiana is a southeastern U.S. state on the Gulf of Mexico. Its history as a melting pot of French, African, American and French-Canadian cultures is reflected in its Creole and Cajun cultures. The largest city, New Orleans, is known for its colonial-era French Quarter, raucous Mardi Gras festival, jazz music, Renaissance-style St. Louis Cathedral and wartime exhibits at the huge National WWII Museum.