|Matthew Simmons||Paul Hilliard and Rusty Cloutier|
|Photo by Robin May|
Matthew Simmons, a prominent oil-industry insider and one of the world’s leading experts on the topic of peak oil, will offer his informed perspective on the future of the industry — and its potential impact locally — during a luncheon/lecture at Lafayette’s Cajundome Convention Center on Wednesday, April 8. His presentation is part of the Entrée to Business series, presented by MidSouth Bank and produced by Acadiana Business and The Independent Weekly.
“Because of these critical economic times, MidSouth Bank wants to be at the forefront of bringing expert insight and analysis of the oil and gas industry to its customers and the community at large,” says bank President and CEO Rusty Cloutier. “We could think of no one with higher credentials to do that than Matt Simmons.”
Acadiana Business co-publisher Cherry Fisher May says Simmons’ appearance has been a five-year goal for the series. May was finally able to make a personal connection with the respected expert through his friend, MidSouth Bank board member Paul Hilliard, who has followed Simmons’ career for decades.
Hilliard, a local oil and gas veteran, came to know of Simmons when they were both young up-and-comers in the industry. “Matt is a veteran banker, author, lecturer, financial adviser and petroleum analyst. His most recent notoriety results from his best-selling book Twilight in the Desert and the ‘peak oil’ theory it explores,” Hilliard says. “The book reveals many interesting and heretofore unrecognized details about Middle East oil and its alleged reserves of this crucial commodity,” Hilliard adds. “To the Saudis, the book was much more irritating than interesting, but you should read the book to understand the reasons for their displeasure. Matt has the habit of annoying many of the world’s self-proclaimed petroleum ‘experts’ by puncturing their opinions with those inconvenient things called ‘facts.’ Those facts are prepared and presented with such vivid clarity that his audiences never leave without a heavy load of food for thought.
“I have never read a Simmons’ prediction that didn’t come true,” Hilliard continues. “I paid close attention to what he had to say and began to realize that he can read the mind of the industry — assuming there is a mind of the industry.”
May credits Knight Oil Tool’s Doug Keller with introducing her to Simmons’ work. “Doug put Simmons on my radar,” she says. Knight has signed on as a supporting sponsor, and as part of its contribution the company is enabling a group of UL faculty and students to attend the luncheon that day. Additional supporting sponsorships are available.
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Wednesday, March 12, 2014:
Abshire has rejoined the Lafayette Bar Association, where she previously served as marketing coordinator under longtime Executive Director Susan Holliday
Home-grown Baton Rouge market/deli heads to Lafayette.
Deadline for submitting noms for annual competition is March 15
Whitney Bank officials have confirmed that the downtown branch will cease to exist when it relocates its regional headquarters to River Ranch at the end of May.
So far the Democratic agenda includes proposals to expand Medicaid; increase the minimum wage; offer equal pay to women; heighten regulations on predatory lending practices, like payday loans; and add more transparency in the governor’s office.
Hot-button education issues ranging from Common Core to charter schools have some lawmakers pushing to scrap the appointing process and go back to electing the state's super.
Downtown Lafayette restaurant launches new concept near Le Triomphe
Police say the handcuffed man fatally shot himself in the back, but his family isn't buying the story.
Yeah, it's smoked venison sausage stuffed in a suckling pig stuffed in a lamb and roasted over an open fire.
Acadiana's nightlife guide.
Gov. Bobby Jindal offered a budget proposal that suggests new education and health care spending, pay raises for state workers and an incentive fund to encourage colleges to enhance their science, engineering and technology training.
Reamco founders Brent Milam and Ashley Lane now shareholders in acquiring company and part of its management team.
Low heels, high style
The board hopes to recover all fees paid, plus one-half, along with what could amount to hundreds of thousands in additional penalties.
Oh, the irony... or something like that.
Acadiana's nightlife guide.
Hopefully he’ll be better prepared today than he was in that Feb. 20 deposition.
They came by the hundreds, arriving from all regions of the state to gather on the steps of our Capitol in protest of the Legislature’s long tradition of giving industry the go-ahead to abuse our air, our water and our coastline, all in the name of good economics.
Gov. Bobby Jindal’s recent rhetoric against President Barack Obama has failed to boost his standing among the conservative base.
Louisiana's annual legislative session begins.
The state has hired marksmen to shoot feral hogs from helicopters at two wildlife management areas in south Louisiana.
St. Patty's Day crafts
New menu items ready for the Lenten season
The Cane Fire Film Series screens “MaidenTrip” on Monday, March 10, at the AcA.
Acadiana's nightlife guide.
The vibe of the tribe done modern
The Louisiana Workforce Commission said Friday that initial claims rose to 2,125 from the previous week's total of 1,964. There were 2,887 initial claims during the comparable week in 2013.
The Board of Elementary and Secondary Education has stalled action on a $3.5 billion annual school funding formula due to state lawmakers by March 15.