Author Archive: Jordan Gleason

rss feed

Author's Website →

Letters: ExxonMobil a big driver of regional giving

Capital Area United Way fights for the health, education, income stability and basic needs of every person in a 10-pParish community. This fight wouldn’t be possible without our donors, volunteers, local non-profits and corporate partners who have enabled us to improve lives over the last 94 years. We partner with nearly 400 corporations and organizations […]

To boost confidence in oil cut, OPEC issues quota list

OPEC on Friday published a list of oil production cuts by its members and other major producers for the six months to June, an effort to boost confidence in the move designed to avoid a supply glut in 2019. In a statement, an OPEC and non-OPEC ministerial panel also called on participating members of the […]

Oil climbs 1 percent as OPEC output drop eases concerns about glut

Brent crude LCOc1 was up 82 cents, or 1.3 percent, at $62 a barrel at 1200 GMT. Brent has risen more than 2 percent this week, its third straight week of gains. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 78 cents, or 1.5 percent, at $52.85 per barrel. The Organization of the […]

IEA doubts Russia’s commitment to OPEC accord

The Paris-based International Energy Agency on Friday cast doubt on whether Russia would meet its agreement with OPEC to cut crude oil output to support prices, while Russia’s Energy Minister Alexander Novak said it is impossible for his country to quickly cut production. “Data show that Russia increased crude oil production in December to a new record […]

GLOBAL LNG-Asian prices slip, but plant outages limit losses

Asian spot prices for liquefied natural gas (LNG) continued to fall this week as importers in North Asia have largely finished their purchases for winter, but losses were stemmed as plants closed for maintenance. Spot prices for March delivery to Asia <LNG-AS> this week slipped to $8.20 per million British thermal units (mmBtu), down 10 […]

Bad bets on oil, gas spark wave of energy-fund closures

 Energy fund managers took heavy losses last year with wrong-way bets on the prices of oil and natural gas, leading to a wave of closures in the volatile fund sector. The number of active energy-focused funds fell to just 738 in 2018 through September from about 836 in 2016, according to the latest available data […]

Awash In Natural Gas

Last August I warned that a Natural Gas Price Spike May Be Looming. The reason for the warning was that natural gas in storage – which the Energy Information Administration (EIA) reports every Thursday – had fallen to abnormally low levels just ahead of high-demand season. Indeed, natural gas inventories remained low throughout the fall, and […]

Record production of natural gas to continue through 2020, Energy Department projects

The U.S. natural gas market will continue full speed ahead through 2020, delivering low prices and booming exports, the Energy Department predicts in its Short-Term Energy Outlook. Planned capacity additions for natural gas will continue to replace coal-fired plants coming offline in 2019. Natural gas will continue as the primary source of U.S. electricity, the report states, […]

Lawsuit abuse an issue that ‘should resonate with all Louisianans,’ Louisiana Lawsuit Abuse Watch says

Lawsuit abuse an issue that ‘should resonate with all Louisianans,’ Louisiana Lawsuit Abuse Watch says

In a recently published article on the Daily Caller, Louisiana Lawsuit Abuse Watch Executive Director Lana Sonnier Venable examined lawsuit abuse which has become out of control in recent years in Louisiana. For those who are connected to the energy industry, the threat of a lawsuit looms as attorneys have begun to take legal action against the […]

Who’s To Blame For The Deindustrialization Of Baton Rouge?

The town of Zachary, population of just under 18,000, occupies the northernmost reaches of East Baton Rouge Parish. It’s known largely for its excellent schools, which have made it a destination for a small number of middle-class suburbanites looking to escape the disaster that is the East Baton Rouge Parish public school system and the […]