LSUís Louisiana Geological Survey office touted the potential of Tuscaloosa Marine Shale in the Baton Rouge region and central Louisiana more than a decade ago.
That energy boom may be about to take off. But the Louisiana Geological Survey is on the verge of losing all its state funding.
The Geological Survey is one of several victims of LSUís efforts to protect its academic core during budget cuts. LSU officials are slicing the funding for ancillary units, such as LSU museums, the LSU Press and the Center for Advanced Microstructures and Devices. LSU Chancellor Michael Martin said all of the universityís ancillary units must boost their self-generated revenues in order to protect what state government funding is available for the overall student experience.