Loren C. Steffy's Blog, page 30
November 21, 2012
Column: Indictments create new worries for offshore workers
This week, the crews heading to the rigs carried some extra baggage: worry.
November 20, 2012
Black Friday and the fiscal cliff
Will consumers spend more this holiday season with the potential for a big tax increase looming for the new year?
November 19, 2012
California cap & trade an Enron redux?
California is once again preparing to meddle in manipulated markets, adopting a structure disturbingly similar to Enron's former playground in electricity.
Who killed the Twinkie?
As is so often the case when a company fails, there's plenty of blame to go around in Hostess's demise.
November 16, 2012
Takeover battle has benefited TPC shareholders
The buyout price for taking TPC private has jumped by more than $100 million in less than three months.
How felony pleas could work against BP in other cases
The admissions in BP's criminal settlement may mean it has less chance of avoiding the maximum environmental fines.
November 15, 2012
In BP settlement, felonies matter more than fines
BP claims that it has learned its lesson from the Deepwater Horizon disaster. Pleading guilty is a big step toward showing that's true.
November 14, 2012
Why the U.S. won’t join OPEC
Even if the U.S. wanted to join, OPEC will use our own free market principles to keep us out of their club.
November 12, 2012
Could the U.S. surpass Saudi oil production in a decade?
The U.S. has made great strides in boosting domestic production in recent years, but we still have a long way to go before we can achieve energy independence.
November 7, 2012
The fiscal cliff looms as president re-elected
Recent market gains may begin to fade as the economic reality of what still needs to be done begins to sink in with investors.
