Author Archive: Jordan Gleason

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Stalled: Medicaid bills, seen as Louisiana GOP priorities of special session, falter in committee

The Louisiana House appeared to teeter on the edge of meltdown as the fourth day of the special session began with a rejection of a series of Republican-priority proposals tied to the pricey Medicaid health care program. But by Thursday evening, and after multiple meetings across various factions, signs began to emerge that tensions may […]

By February 23, 2018 0 Comments Read More →

Oil pressured by high U.S. crude exports; drop in crude stocks prevent bigger fall

Oil prices dipped lower on Friday as investor concerns about high U.S. crude exports outweighed an unexpected drop in oil inventories in the world’s biggest fuel consumer. U.S. West Texas Intermediate (WTI) crude futures were at $62.74 a barrel at 0750 GMT, down 3 cents from their last settlement. Brent crude futures were down 2 […]

By February 23, 2018 0 Comments Read More →

US shale investors still waiting on payoff from oil boom

U.S. oil production has topped 10 million barrels per day, approaching a record set in 1970, but many investors in the companies driving the shale oil revolution are still waiting for their payday. Shale producers have raised and spent billions of dollars to produce more oil and gas, ending decades of declining output and redrawing […]

By February 23, 2018 0 Comments Read More →

Oil slips to $66 a barrel as U.S. output offsets OPEC curbs

Oil slipped to $66 a barrel on Friday, under pressure from concerns that rising U.S. oil output and exports will offset OPEC-led attempts to erode stockpiles with output curbs. U.S. oil production last week was steady at 10.27 million barrels per day, a record level if confirmed by monthly figures. Crude exports jumped to more […]

By February 23, 2018 0 Comments Read More →

Oil prices move higher after Libyan oil field evacuated

A mixed report on total U.S. petroleum inventories and word of labor-related issues in OPEC-member Libya helped lift oil prices early Thursday. Crude oil prices have been moving in volatile territory since pulling back from multi-year highs from early January. A selloff in the equities market spilled over into commodities and some analysts have wondered […]

By February 23, 2018 0 Comments Read More →

Capitol Views: Another day of session, another derailment

A political melee over Medicaid issues unfolded during today’s meeting of the House Health and Welfare Committee. Bills backed by the House GOP leadership that were supposed to be part of larger deal to advance tax proposals in this special session were unexpectedly deferred by their legislative sponsors. While the bills can always be brought […]

By February 23, 2018 0 Comments Read More →

The Rundown: Special session trucks on and more news in Louisiana politics today

Today in The Rundown: Special session continues but success hangs in the balance; a hick-up in the I-10 widening project; a statewide elected official is accused of sexual harassment; and everything else you need to know in Louisiana politics today. Countdown… Days until the special session must end: 12 Days until the 2018 regular legislative session begins: 17 […]

By February 23, 2018 0 Comments Read More →
SBA Administrator Appoints New Regional Regulatory Fairness Board Members

SBA Administrator Appoints New Regional Regulatory Fairness Board Members

Three small business owners from Louisiana, Maine and Alaska respectively have been appointed to serve on the U.S. Small Business Administration’s Regional Regulatory Fairness Boards by SBA Administrator Linda McMahon. Regional Regulatory Fairness Boards in all 10 of SBA’s regions represent the voice of small businesses on regulatory fairness.  Each board is comprised of five […]

By February 23, 2018 0 Comments Read More →

Hey, We Actually Solved a Problem, America!

Earlier this week, 18 miles off the coast in the Gulf of Mexico, the Louisiana Offshore Oil Port loaded its first large oil supertanker with U.S. crude for export to the Chinese port of Rizhao. Back in 2006, President George W. Bush declared “America is addicted to oil” in his State of the Union Address […]

By February 23, 2018 0 Comments Read More →
Optimism in the Chalk

Optimism in the Chalk

Don Briggs, President of the Louisiana Oil and Gas Association Sitting through the local evening news may call for even the happiest Louisianian to reach for an anti-depressant. It seems that bad news is all around. Louisiana is reeling from years of budget deficits, politics grows more and more divided, and Louisiana’s oil and gas […]

By February 22, 2018 0 Comments Read More →