Author Archive: Ragan

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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Wall Street Journal: Natural Gas Prices Rise on Expected Summer Demand

Natural gas rose to a 10-month high Tuesday as warm weather forecasts kept stoking expectations for strong demand this summer. Prices are adding on to a surge that brought a new nine-month high the previous day, firmly putting gas on path to a fourth-straight week of gains before the week is half over. Front-month prices […]

By June 22, 2016 0 Comments Read More →
Houston Chronicle: Saudi energy minister says oil glut has vanished

Houston Chronicle: Saudi energy minister says oil glut has vanished

Saudi Arabia’s new energy minister said the supply glut that kindled crippling oil rout around the world and thrashed Houston’s biggest business for two years has finally vanished. “We are out of it,” Khalid Al-Falih said in his first one-on-one interview since his rise to the most powerful job in the global energy industry last […]

By June 22, 2016 0 Comments Read More →

Bloomberg: Oil Explorers Embrace the Sharing Economy to Drill Cheaper Wells

The biggest oil-industry downturn in a generation has companies collaborating in ways they never thought possible. In this global effort, one of the world’s most expensive oil regions intends to lead the way. Last month companies operating in the North Sea started pooling spare parts and tools, and they are even sharing plans on how […]

By June 22, 2016 0 Comments Read More → St. Tammany may ask high court to reconsider fracking case

The St. Tammany Parish Council will hold a special meeting Wednesday night (June 22) to consider asking the state Supreme Court to reconsider its decision not to hear the parish’s appeal to block a proposed oil drilling and fracking project near Mandeville. The meeting will be held at 6 p.m. at the parish government complex […]

By June 22, 2016 0 Comments Read More →

NPR: Federal Judge Strikes Down Obama Administration’s Fracking Rules

A federal judge in Wyoming has struck down the Obama administration’s regulations on hydraulic fracturing, ruling that the U.S. Bureau of Land Management doesn’t have the authority to establish rules over fracking on federal and Indian lands. In the ruling on Tuesday, U.S. District Judge Scott Skavdahl said Congress had not granted the BLM that […]

By June 22, 2016 0 Comments Read More →

fuelfix: Venezuela’s oil production could fall half a million barrels a day in 2016, Barclays says

For weeks, two competing market narratives have kept U.S. oil prices pinned just below $50 a barrel, with one side arguing big crude production outages could soon correct a global oversupply while others point to big economic risks. Some traders believe Brexit – Britain’s upcoming vote to exit or remain in the European Union – […]

By June 22, 2016 0 Comments Read More → Plaquemines Parish council names Ed Theriot interim president

Plaquemines Parish has a new interim parish president, following the death of Parish President Amos Cormier Jr. on Thursday (June 16). The parish council voted 6-0 on Tuesday, with three council members abstaining, to name Ed Theriot as the interim president. Theriot served as director of administration under Cormier, and is a previous Plaquemines Council […]

By June 22, 2016 0 Comments Read More → Legislature can’t balance the budget on wishes and dreams: Editorial

Instead of approving enough new revenue to fill Louisiana’s budget deficit or making difficult spending cuts, the House of Representatives has resorted to wishful thinking. Members approved a budget Monday (June 20) that funds the TOPS scholarship program at 70 percent — but they split it into two pieces: 100 percent for the fall semester […]

By June 22, 2016 0 Comments Read More →

FAA: DOT and FAA Finalize Rules for Small Unmanned Aircraft Systems

WASHINGTON – Today, the Department of Transportation’s Federal Aviation Administration has finalized the first operational rules (PDF) for routine commercial use of small unmanned aircraft systems (UAS or “drones”), opening pathways towards fully integrating UAS into the nation’s airspace. These new regulations work to harness new innovations safely, to spur job growth, advance critical scientific […]

By June 22, 2016 0 Comments Read More →

Advocate: ‘Last chance’: Louisiana Senate plans one more push to help fill budget gap

State Senate President John Alario said Tuesday that he will make a last-ditch effort on Wednesday to raise $88 million more to help fill the budget gap identified by Gov. John Bel Edwards. Alario, R-Westwego, told several reporters that he hopes to revive an individual income tax measure defeated by the House on Sunday by […]

By June 22, 2016 0 Comments Read More →