It's fitting that the man who would choose to call his business Optimistic Oil Co. in 1990 would be chosen to represent the industry as LAGCOE Looey this year. The energy industry is in need of Frank Harrison Jr.’s optimistic outlook and then some — as the Obama administration’s proposed legislation could have devastating consequences for its future.
“President Obama’s proposed fiscal year 2010 budget strips from U.S. oil and natural producers economic incentives that are vital to the existence of the industry as we know it today,” Louisiana Oil and Gas Association President Don Briggs wrote in his June column in Acadiana Business. “Obama’s proposed budget is not a mere confrontation but instead a direct frontal attack on the core economic fundamentals that help provide capital to a high-risk, capital-intensive industry.”
Harrison was “hard-hatted” as LAGCOE Looey at the Petroleum Club Monday, saying he was honored to be representing the “Working Man’s Oil Show” and noting that he had spent his career working in the best industry in the world. “The only direction we’ve ever gotten from Washington is to keep energy cheap,” Harrison said, “and we’ve been able to do that so that the U.S. economy could become the greatest society the world has ever known. I’m proud to be in an industry that helped make that happen.”
LAGCOE Looey made his debut as an affable representative of the first show in 1955. Each year since then, a person has been chosen for accomplishments in, and contributions to, the energy industry. Harrison was born in Bastrop, where his father was employed by Union Producing Company as an area production and drilling supervisor. He studied geology at LSU and moved to Lafayette in 1956, working as district geologist for TransTex Drilling Company, a subsidiary of Husky Oil Co. He struck out on his own in 1959, eventually establishing Optimistic Oil Co. His son, Billy, is a partner in Houston Energy LP.
Throughout his five decades in Lafayette, Harrison has been an active civic and business leader. Additionally, he has contributed significantly on the technical side of his profession, having authored and presented 15 papers to a number of geological groups nationwide.
From Oct. 27-29 at the Cajundome and Cajundome Convention Center, Lafayette will host LAGCOE, the country’s 2nd largest energy exposition. LAGCOE provides unprecedented access to key decision makers, state-of-the-art technologies and the very latest in offshore and onshore drilling capabilities. In 2007 (the show is held biennially), LAGCOE featured 328 exhibiting companies, 755 indoor and outdoor exhibit spaces and welcomed more than 16,000 attendees.
Admission to the show and technical presentations is free but is limited to energy industry personnel.
Breakfast favorites served on a bubbly crust pair with a crisp salad
State Rep. Lenar Whitney — one of a handful of Republican candidates vying for Louisiana’s 6th Congressional district — has been described by Cook Political Report analyst David Wasserman as one of the most “frightening or fact-averse candidate[s]” he’s ever met following her reaction to an interview last week.
West coast casual
Mid-August hearing dates have been set for dueling lawsuits over Louisiana's use of the Common Core education standards in public schools.
An investigation into the last-minute passage of a pension hike for the state police superintendent continues, despite Col. Mike Edmonson's decision not to accept the increase.
Four bedroom traditional Youngsville home or three bedroom traditional Broussard home
On Tuesday, a three judge panel (voting two to one) of the U.S. Fifth Circuit Court of Appeals struck down as unconstitutional Mississippi’s controversial law requiring that physicians who perform abortions maintain admitting privileges in a nearby hospital.
Safety Jairus Byrd practiced with the New Orleans Saints on Tuesday for the first time since his signing in March.
Sentencing has been delayed for a businessman who provided key testimony in the corruption case that resulted in the conviction of former New Orleans Mayor Ray Nagin.
The spectre of priest sex abuse has returned to haunt the Roman Catholic Diocese of Lafayette following the recent release of an investigative report by Minnesota Public Radio, revealing new allegations of another child predator hiding behind the clerical collar.
Acadiana's nightlife guide.
A ballpark snack topped with BBQ meat can be found cruising town on a food truck
"Although the administration is moving forward with climate change regulations at home, we don't consider how policy decisions in the United States impact greenhouse gas emissions in other parts of the world," says Roger Martella, the former general counsel at the Environmental Protection Agency under President George W. Bush.
Louisiana agriculture officials say prices for long-grain rice are projected to drop this year.
First-time claims for unemployment insurance in Louisiana for the week ending July 19 decreased from the previous week's total.
A judge is getting ready to set a new trial date for a former BP executive charged with obstructing a congressional investigation into the 2010 Gulf of Mexico oil spill.
The sponsor of a Louisiana law that requires doctors that perform abortions to have hospital admitting privileges doesn't believe the provision is in jeopardy after a federal appeals court struck down a similar Mississippi law.
Louisiana's state school board has jumped into a lawsuit against Gov. Bobby Jindal that accuses the governor of illegally meddling in education policy through his efforts to block Common Core education standards.
Here's how one nationally recognized conservative political pundit reacted upon hearing the news Monday that the U.S. Chamber of Commerce was leaning toward an endorsement of Louisiana’s lone Democrat senator.
If President Barack Obama’s poll numbers, and those for his health care law, haven’t yet bottomed out in the Bayou State, then Democrats surely don’t want to know what the statistical floor actually looks like.
Midsouth Bank has released its second quarter earnings report, showing a year-over-year increase for shareholders.
The comeback of the Wayfarer
Two bedroom New Iberia ranch style house or two bedroom Lafayette condo
The deadline to purchase tickets for the 2014 ABiz Top 50 Business Luncheon featuring top-selling author, political activist and Harvard law professor Lawrence Lessig is only two weeks away.
With the qualifying deadline for Lafayette Parish School Board elections quickly approaching, a series of candidate forums have been announced by the Lafayette Parish Public Education Stakeholders Council.
Acadiana's nightlife guide.
The investigation and potential prosecution of the man charged in the recent hit-and-run death of a Youngsville cyclist won’t happen overnight, according to local law enforcement officials.
Louisiana's state school board is holding a special meeting to consider whether to sue Gov. Bobby Jindal in an ongoing dispute over the Common Core education standards.
A bipartisan congressional deal to help improve veterans' health care access includes approval for new veterans clinics in Lafayette and Lake Charles.
Cajun favorites to comfort on Pinhook Road