Advertiser: La. losing out on millions with gas prices falling

Advertiser: La. losing out on millions with gas prices falling

The Advertiser reports: NEW ORLEANS – A year ago, your Thanksgiving trip would have cost you 40 more cents a gallon at the pump. The price of oil is bottoming out. And while Americans are eating their turkey Thursday, OPEC nations will be meeting to decide if oil prices will go up or down. And […]

By November 26, 2014 0 Comments Read More →
Advocate: Key figure in Lafayette airport history honored with monument

Advocate: Key figure in Lafayette airport history honored with monument

The Advocate reports: LAFAYETTE — The hangar is now gone, the one that bore Paul Fournet’s name and marked the spot where his air transportation business and pilot school flourished for decades. So on Tuesday, Lafayette Regional Airport officials unveiled a monument to make sure air travelers entering and leaving the airport know Fournet’s name. […]

By November 26, 2014 0 Comments Read More →
WWL: State losing out on millions with fall of gas prices

WWL: State losing out on millions with fall of gas prices

WWL reports: A year ago, your Thanksgiving trip would have cost you 40 more cents a gallon at the pump. That’s because the price of oil is bottoming out. And while Americans are eating their turkey Thursday, OPEC nations will be meeting to decide if oil prices will go up or down. And there will […]

By November 25, 2014 0 Comments Read More →
Time For A Reasonable Assessment Of Oil Prices

Time For A Reasonable Assessment Of Oil Prices

By Don Briggs President, Louisiana Oil and Gas Association It is safe to say that the hot button topic in the oil patch is the oil price and its impact on U.S. drilling operations. Many analysts and talking heads are stating that the current price drop is not affecting our U.S. market while others are […]

By November 12, 2014 0 Comments Read More →

A “Yes” Vote Needed For Amendment 8

A “Yes” Vote Needed For Amendment 8 By Don Briggs President, Louisiana Oil and Gas Association November 4th Election Day is tomorrow. Each race plays an important role for the future of Louisiana. A few of the races’ outcomes could potentially impact the oil and gas industry for the good or the bad depending on […]

By November 3, 2014 0 Comments Read More →
Energy Programs Essential To Oil and Gas Future

Energy Programs Essential To Oil and Gas Future

By Don Briggs President, Louisiana Oil and Gas Association As the oil and gas industry touches nearly every corner of this great country, a few key components will keep it strong for the future. Obviously, expanding our technology base is crucial to developing these deep, highly pressurized plays. Keeping a close tab on regulations will […]

By September 17, 2014 5 Comments Read More →

Nola.com: Audit: Vast majority of BP oil spill claims payments are correct

Nola.com reports: Results of a third-party audit of the oil spill settlement program released Tuesday (Nov. 25) by claims administrator Patrick Juneau show the settlement program has correctly processed 99.5 percent of claims. The audit concluded the program is “well-designed and appropriate” and made no major recommendations for improvement. The audit, conducted by Chicago-based McGladrey […]

By November 26, 2014 0 Comments Read More →

Nasdaq: Natural gas rebounds as market prices in mild temperatures

Nasdaq reports: Investing.com – Natural gas futures rose on Tuesday after investors viewed futures as oversold in wake of forecasts calling for mild temperatures across much of the U.S. On the New York Mercantile Exchange, natural gas futures for delivery in January were up 1.22% at $4.357 per million British thermal units during U.S. trading. […]

By November 26, 2014 0 Comments Read More →

CNBC: US energy is growing, and so is US ‘power’

CNBC reports: America’s unexpected transformation into the world’s biggest natural gas producer and one of the globe’s largest oil producers will give the U.S. more geopolitical clout on the world stage—including in key relationships with China, Russia and the Middle East. By 2020, the U.S. is likely to be energy independent, along with Canada, its […]

By November 26, 2014 0 Comments Read More →
Advocate: Louisiana’s Tuscaloosa, Haynesville shales hampered by oil, natural gas prices

Advocate: Louisiana’s Tuscaloosa, Haynesville shales hampered by oil, natural gas prices

The Advocate reports: Drillers are closing in on the most efficient and consistent way to produce oil from the Tuscaloosa Marine Shale across Louisiana’s midsection, but low prices will strongly affect drilling activity. Likewise, natural gas prices will hamper activity in the Haynesville Shale in northwest Louisiana until proposed export terminals are operating, energy summit […]

By October 23, 2014 0 Comments Read More →

EE News: How do you survive a gas boom and bust? For starters, pay in cash

EE News reports: MANSFIELD, La. — Local officials in the Haynesville Shale believe they’ve unlocked the secret for successful spending of gas boom wealth. The approach? Invest quickly in health, safety and education, and squirrel away the rest for a rainy day. “Just because we have it don’t mean we have to spend it,” DeSoto […]

By October 20, 2014 0 Comments Read More →
NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com reports: A Houston energy investment firm will pay nearly $275 million for thousands of acres of legacy oil and natural gas fields located along the eastern edge of the Haynesville Shale in north Louisiana. The deal is the latest in a string of purchases that signal renewed investor interest in the area. Vanguard Natural […]

By September 4, 2014 0 Comments Read More →

Other Recent Articles

Bloomberg: Oil Volatility Here to Stay Regardless of OPEC Decision

Bloomberg reports: Whatever the outcome of tomorrow’s OPEC meeting, options traders are betting on oil-price swings. That’s because the decision from the Organization of Petroleum Exporting Countries isn’t likely to make much difference. Slowing global demand and a U.S. shale-drilling boom has created a glut that won’t fade any time soon, said Torbjoern Kjus of […]

By November 26, 2014 0 Comments Read More →

Nola.com: Louisiana Attorney General Buddy Caldwell opposes EPA’s power plant carbon emissions rule

Nola.com reports: Louisiana Attorney General Buddy Caldwell has joined 16 other state attorneys general in opposing proposed Environmental Protection Agency guidelines aimed at curbing carbon emissions. In a letter submitted to EPA, the attorneys general charged the new rules violate provisions of the Clean Air Act that give states more authority over power plants. The […]

By November 26, 2014 0 Comments Read More →

NY Times: Top Candidates to Succeed Hagel Are Longtime National Security Specialists

NY Times reports: WASHINGTON — President Obama, working to shift his team’s focus in confronting a raft of national security crises, is considering two former Defense Department officials as successors to Secretary of Defense Chuck Hagel, administration officials said Monday. Even before Mr. Obama appeared with Mr. Hagel at the White House to announce the […]

By November 25, 2014 0 Comments Read More →