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Insider Q&A: Energy expert predicts volatile oil prices ahead

OPEC, oil prices, oil glut

DALLAS (AP) — Gasoline prices have leveled off after coasting downhill with the slump in oil. Facing a glut of crude, OPEC members will meet next month in Vienna and try to write the details of a plan to reduce oil production. Columbia University energy analyst Jamie Webster talked with The Associated Press about prospects for meaningful action by OPEC. ...

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US rig count up 15 this week to 539; Louisiana gains 6

baker hughes rig count

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 539. A year ago, 787 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 432 rigs sought oil and 105 explored for natural gas ...

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Why strive to be the best when good enough is good enough?

safety, workplace safety

I encourage my daughter to try her best at everything she does in hopes that she becomes the best.  After all what parent wouldn’t want to see their kid standing on the podium at the Olympics with a gold medal hanging around their neck?  But what’s the cost of becoming the best, and isn’t it ok to just be “good”? ...

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I never used to believe testimonials until I became one

spray foam insulation

As an industrial writer, I run across case studies and case histories for companies I work with all the time. Most of the time I take those with a grain of salt, figuring a company isn’t going to tout a case study when their product didn’t work. So I was intrigued when I was asked to write a story about ...

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AP Explains: What does OPEC’s tentative deal mean for oil?

OPEC, oil prices, oil glut

DUBAI, United Arab Emirates (AP) — OPEC nations have agreed in theory that they need to reduce their production to help boost global oil prices during a meeting in Algeria, but a major disagreement between regional rivals Saudi Arabia and Iran still may derail any cut. What happened to oil prices and why can’t OPEC agree to anything more binding? ...

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Dallas Fed: Oil and Gas Activity Rises in Third Quarter

Dallas Fed, oil and gas activity

Surveys and reports from the Federal Reserve Bank of Dallas are now available for the third quarter. The business activity index – the survey’s broadest measure of conditions facing Eleventh District energy firms – was up from 13.8 in the second quarter to 26.7. While the survey still shows weakness in both industry employment and production, it does show some ...

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Iran oil industry fires, blasts raise suspicions of hacking

Iran, hacking

DUBAI, United Arab Emirates (AP) — A series of fires at Iranian petrochemical plants and facilities have raised suspicions about hacking potentially playing a role, with authorities saying that “viruses had contaminated” equipment at several of the affected complexes. Iran officially insists the six known blazes over the span of three months weren’t the result of a cyberattack. However, the ...

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Marine firm to pay almost $5M, improve practices after spill

Houston ship channel, Kirby Island Marine, oil spill

HOUSTON (AP) — A Houston marine services firm has agreed to pay $4.9 million in civil penalties to settle federal claims resulting from a March 2014 collision between its tugboat and a ship that spilled nearly 170,000 gallons of oil into the Houston Ship Channel. A Justice Department statement says Kirby Inland Marine also pledged to make operational improvements throughout ...

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