Is conflict in Persian Gulf going to end up being good for Louisiana's economy?

As the U.S. and Israeli strikes on Iran continue, will U.S. oil companies be doing more work in Louisiana?

"I think it will definitely stimulate some activity," said Dr. Greg Upton, the director of the LSU Center for Energy Studies.

Upton says prices around a hundred dollars a barrel aren't expect to last long, but the oil futures market does expect elevated prices for a while.

"The prices a year out are somewhere in the 73 dollar a barrel range, something like that," said Upton. "And so the beginning of the year, we were looking at $60, $65 a barrel oil, and that was the expectation out into the future."

Upton said the oil futures market does expect elevated prices for a while.

"Prices are anticipated to come back down but not back down to the prices that we were seeing a few weeks ago," he said.