The Rundown: Budget news, education and more in Louisiana politics today

The Rundown: Budget news, education and more in Louisiana politics today

Today in The Rundown: The state budget has made it through the House and lawmakers are taking a long weekend. Here’s everything you need to know to catch you up on Louisiana politics today. Countdown… Days until the 2018 regular legislative session must end: 45 The News Budget: The Louisiana House has endorsed a spending plan for the […]

The Rundown: It’s budget day in the House chamber; here’s the latest on efforts on harassment, gambling, weed and more

The Rundown: It’s budget day in the House chamber; here’s the latest on efforts on harassment, gambling, weed and more

Today in The Rundown: The state budget bill hits the House floor today! Here is the latest news on legislation dealing with sexual harassment, gambling, medical marijuana, disaster recovery, doctor misconduct and more. Be sure to sign up to get The Rundown in your inbox by filling out the form here. Countdown… Days until the 2018 […]

Could an oil boom be coming to Central Louisiana?

Could an oil boom be coming to Central Louisiana?

What if there were huge reserves of oil in Central Louisiana waiting to be tapped? What if major players lined up to lease land and drill wells, providing an economic boost to the area the way the gas-rich Haynesville Shale did in North Louisiana a few years ago? It may already be happening. “Is it something […]

Austin Chalk: Louisiana’s Golden Egg ?

Austin Chalk: Louisiana’s Golden Egg ?

Gifford Briggs, President of the Louisiana Oil & Gas Association Easter is one of my favorite times of year to spend with my family. Not only is it a time to celebrate the resurrection of Jesus Christ, but it is a time to get together with those you love, consume endless amounts of boiled crawfish, […]

A New Pair of Gloves

A New Pair of Gloves

Don Briggs, President Emeritus of the Louisiana Oil and Gas Industry    The oil and gas industry is a very unique and timeless industry here in the great state of Louisiana. It has given me some of the best and most challenging moments in my life, but I think to the overall benefit of those […]

We’ve Had Enough

We’ve Had Enough

Don Briggs, President of the Louisiana Oil and Gas Association The “cabal” of trial lawyers have recently received some rather unfortunate press from both local and national publications. I say it is about time that the national media takes a closer look at the atrocity that is taking place in our state. Business and industry, […]

Don’t listen to the noise — it’s not ‘mission accomplished’ just yet, Saudi oil minister says

OPEC kingpin Saudi Arabia warned oil traders on Friday that a dramatic upswing in crude futures was little reason to become complacent. Speaking to reporters in Jeddah, Saudi Arabia, the kingdom’s Energy Minister, Khalid al-Falih, told CNBC’s Steve Sedgwick: “We have to be patient. We shouldn’t jump the gun, we shouldn’t be complacent and listen […]

Arctic wilderness area in Alaska to be opened to drilling

An initial step toward opening up an Arctic wilderness area in Alaska to oil and gas development unveils a revenue stream for the state, the governor said. A document published Friday in the Federal Register by the U.S. Interior Department outlined plans for a leasing environmental impact statement for an oil and gas leasing plan. […]

‘Boom time’ for US oil, gas producers

Oil prices have skyrocketed since the end of 2016, reaching a 3 1/2-year high this week and natural gas prices are at a 3-year high. One of the more painful downturns for the domestic petroleum business is now turning into a distant memory. After losses for a number of years, U.S. oil producers may finally […]

Thunder Energies announces interview with Midnight in the Desert w/Heather Wade on the danger posed by antimatter asteroids

TARPON SPRINGS, Fla., Dec. 20, 2017 (GLOBE NEWSWIRE) — Brian Buckley, Operations Manager of Thunder Energies Corporation, a publicly-traded company with stock symbol (OTC:TNRG), announces that Dr. Ruggero M. Santilli, company Chief Scientist, has been interviewed on December 6, 2017 by Ms. Heather Wade, host of Midnight in the Desert Radio (http://midnightinthedesert.com/how-to-listen) from 9:00 pm […]

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TransGlobe Energy Corporation Announces Q4 2017 Operations Update

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights Annual 2017 average production is trending to ~15.4 MBoepd, a 27% increase over 2016 Lifted and sold ~510 thousand barrels of entitlement crude […]

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Eagle Energy Inc. Announces Ongoing Production Results from its First North Texas Well

CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) — (TSX:EGL):  Eagle Energy Inc. (“Eagle”) is pleased to announce that, one month after initial production, the oil, natural gas and natural gas liquids rates from its first North Texas horizontal well continue to perform at budgeted levels.  Currently, the well is producing 450 barrels of oil equivalent […]

By December 19, 2017 Read More →

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Why Oil Prices Can’t Rise Very High, For Very Long

Oil prices are now as high as they have been for three years. At this writing, Brent is $74.14 per barrel and West Texas Intermediate is at $68.76. These prices aren’t really very high, if a person looks at the situation from a longer term point of view than the last three years. There is […]

Commodities volatile on $100-oil talk, Wall Street falls

Talk that Saudi Arabia has its sights on $80-$100 a barrel oil again and of more U.S. sanctions on Russia triggered wild swings in trading of commodities on Thursday, though the potential boost to inflation hit fixed-income assets. Wall Street equity indexes fell in choppy trading on a broad-based slump in technology stocks and a […]

Oil Rises to Three Year High on Talks of Saudi Arabia Wanting Higher Prices

Oil prices rose to their highest level in over three and a half years on Thursday after news that Saudi Arabian officials want the price of oil to rise. Crude oil futures rose 1.07% to $69.20 a barrel by 10:28 AM ET (14:28 GMT), its highest level since November 2014 and a session high. Brent […]