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Wednesday, June 19, 2019

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La. attorney general urges caution in post-storm car buying

La. attorney general urges caution in post-storm car buying

BATON ROUGE, La. (AP) — Attorney General Jeff Landry is telling Louisiana residents to be careful when shopping for cars after hurricanes Harvey and Irma.

Landry has released a public service announcement warning about flood-damaged vehicles, saying Harvey flooded an estimated 1 million vehicles and Irma damaged other cars and trucks in the Southeast.

The attorney general says when shopping for a used vehicle, people should be suspicious of unrealistically low prices; check for musty smells and rust; pull back the carpet for signs of water and notice if the carpet looks new; make sure the power locks and windows work; look for fogging in headlights and taillights; and get a mechanic to check out the car or truck.

Landry also advises getting a free vehicle history report from the National Insurance Crime Bureau.


US rig count drops by 8 this week to 936

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. fell by eight this week to 936. That's up from the 506 rigs that were active a year ago.

Houston oilfield services company Baker Hughes said Friday that 749 rigs sought oil and 186 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, West Virginia added one rig.

Louisiana and Texas each lost three rigs. Colorado, New Mexico and North Dakota each shed one.

Alaska, California, Ohio, Oklahoma, Pennsylvania, Utah and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.