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Tag Archives: Hurricane Katrina

Hurricanes long term impact on oil and gas in the Gulf

Almost ten years have passed since the Hurricane Katrina catastrophe. The damage caused cost between $96-$125 billion. Between cleaning up and prevention preparation, much remains to be done to prepare oil and gas development for future hurricanes. According to About News, “Hurricane Katrina affected 19 percent of U.S. oil production. Hurricanes Katrina, and previous Hurricane Rita, destroyed 113 offshore oil ...

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U.S. industrial natural gas usage falls unexpectedly

  U.S. manufacturers have not soaked up as much excess shale gas in the first half of 2015 as expected, but the shortfall may be an anomaly as a Gulf Coast manufacturing boom is poised to insulate the sector from seasonal demand fluctuations. Average industrial demand for gas in 2015 was expected to increase nearly 4 percent over 2014, according ...

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Tom Steyer wants ‘answers’ for California gas price spike

gas prices

When California lawmakers met last week to begin asking questions about the recent rise in gasoline prices, Tom Steyer took notice. Steyer, the billionaire environmental activist and Democratic mega-donor, signed his name to a letter Monday sharing his appreciation for the Senate’s preliminary probe into why gas prices rose by more than $1 a gallon in early March. Using one ...

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Judge: Oil, gas firms not liable for La. coastal erosion

NEW ORLEANS — A federal judge has dismissed a New Orleans-area levee authority’s lawsuit charging oil and gas companies with destroying Louisiana’s coastal wetlands. The lawsuit was filed by the Southeast Louisiana Flood Protection Authority-East in 2013 against nearly 100 oil and gas companies over damage they allegedly caused to Louisiana’s wetlands. The authority is one of two regional boards ...

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10-year sentence for ex-New Orleans Mayor Nagin

Kevin McGill | Associated Press NEW ORLEANS (AP) — Former New Orleans Mayor Ray Nagin was sentenced Wednesday to 10 years in prison for bribery, money laundering and other corruption that spanned his two terms as mayor — including the chaotic years after Hurricane Katrina hit in 2005. U.S. District Judge Helen Berrigan handed down the sentence Wednesday morning. Nagin ...

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Shale boom can shield US from hurricane problems


Shane Thielges | Shale Plays Media Another benefit of the US shale boom: America is much less susceptible to fuel supply problems from hurricanes. An article from United Press International outlines how the prevalence of onshore drilling prevents potential energy disruption from tropical storms. Hurricane Katrina, for example, shut down half of all Gulf of Mexico production from offshore drilling in ...

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Coastal conservation group argues for a Texas comprehensive plan

By STEVE CLARK from The Brownsville Herald In 2001, former Louisiana Gov. Mike Foster called for creation of an organization whose goal was to increase awareness about severe land loss threatening the state’s coast and how it affected not only Louisiana but the nation as a whole. Foster’s initiative was based on a comprehensive study of the Bayou State’s disappearing coast. The ...

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