Loren C. Steffy's Blog, page 22
February 20, 2013
Cruise passengers are sunk before they ever sue
Passengers considering lawsuits may find the legal journey on which they are about to embark even more harrowing.
February 18, 2013
A White Stallion falls in the mud….
An idea that looked smart five years ago had simply become uneconomic today thanks to the glut of natural gas unleashed by the hydraulic fracturing boom.
Loophole lets refiners punt on part of tax bills
It's not the first time this has happened - four years ago, the district had to repay Valero almost $2.4 million - and unless lawmakers close a loophole in the state law that governs appraisals, it won't be the last.
February 15, 2013
Austin inaction clouds Houston company’s solar project
Plans are stymied because the Public Utilities Commission hasn't followed through on a requirement to encourage more solar generation in the state.
February 14, 2013
Brace for higher fares as American, US Airways merge
Overall, this is a me-too deal. It may be one that both carriers had to do, but it has far greater risks than the Delta-Northwest and United-Continental deals.
February 13, 2013
Perry embraces familiar dodge on worker safety
The point, of course, is not whether an industry is dangerous, but what's done to minimize that danger.
Black Elk Energy contractor tied to human trafficking
The government has now granted some of the workers amnesty and designated them as victims of human trafficking.
February 8, 2013
Two perspectives on Saudi Arabia: Friday Bookshelf
Taken together, the books provide a thorough perspective, their conflicting conclusions merely another example of the confusing paradox that Saudi Arabia poses for most Westerners.
TXU’s buyout boys hire bailout buddies
It's not surprising KKR and TPG are looking to unload TXU, but first, they need to give the company a debt makeover if they ever expect to bail themselves out of what's become one of the most disastrous leveraged buyouts of all time.
A new strategy for a new energy secretary
After four decades of policies based on a scarcity of energy resources, we need a plan that capitalizes on abundance, that recognizes the tremendous fortuity that increased domestic production represents.
