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.
The city-parish president formed a company in early August, Durel Properties LLC, and has a buy/sell agreement for his first office building.
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Numerous local media outlets are reporting that State District Judge Ed Rubin has ruled unconstitutional the state’s ban on same-sex marriage.
With the turmoil raging and our school system continuing to hold on by a thread in anticipation of November’s elections, several Acadiana’s legislators are throwing their names and their support behind the candidates: Most recently with an endorsement of Jeremy Hidalgo's campaign for District 9.
Questions about the dispute over the Common Core education standards, or still wondering what the standards even are?
After failing to pass reform legislation aimed at the payday loan industry last year, Sen. Ben Nevers, D-Bogalusa, said he is considering bringing a bill again but is still on the fence.
More than 100 candidates either withdrew from their races or were disqualified since the mail ballots were printed following the August qualifying period.
For Dudley Nelson, a 2011 hit on a truck stop casino netted him and two friends $11,675 in stolen cash, as well as a 105 month stay in prison following a federal sentencing hearing held Friday for the 25-year-old Ville Platte man.
The Louisiana Hospital Association, Louisiana Nursing Home Association, Louisiana Pharmacists Association, ambulance providers and intermediate care facilities are pooling their resources and planning for a statewide media buy to promote the passage of the first two constitutional amendments on the November ballot.
Acadiana's nightlife guide.
Kelly McAllister, wife of the congressman from Louisiana's 5th District, will address her husband's infidelity for the first time in a campaign ad that will begin airing today, reports LaPolitics.
A suspenseful election night is one thing, but what if it stretches out for a month? Or into next year?
The Saints' defense was starting to look like a liability in coordinator Rob Ryan's second season.
Disappointed in the way he played a week ago, Boise State running back Jay Ajayi said he was determined to do more to help the Broncos win this week.
Cuban baseball isn't working; Syrians flee to Turkey; Maven arrives at Mars and more national and international news for Monday, September 22, 2014.
Monday's Blogs from the Bog!
Newcomer to Top 50 among five companies selected for Naval contract
Despite sweeping changes enacted by Gov. Bobby Jindal's administration, the health insurance program for state workers and public school employees will have to use $88 million from its reserve fund to cover its costs this year.
The LPSB races are sure to get heated between now and Nov. 4, and with only 9 available seats, this year's field of 20 candidates will surely be wanting to set themselves apart from the crowd early; they'll get their chance next week, starting Tuesday with the kick-off of a three-day series of candidate forums.
Lawmakers say they've received complaints that waits have spiked, with people being forced to wait in line for more than an hour — and sometimes three hours — to handle routine tasks.
Both sets of figures — adjusted to cancel out seasonal changes — were released by the U.S. Labor Department.
Texas declined by five rigs, West Virginia dropped three and Louisiana was down two.
The campaign announced that Rep. Stuart Bishop of District 43 and Nancy Landry, District 31, have thrown their support behind the Naval Academy graduate and entrepreneur in his bid to unseat current Hunter Beasley in District 8.
Three bedroom patio home or three bedroom traditional
Acadiana's nightlife guide.
Ramsey Morein prepares an old Cajun classic also known as chaudin in this latest episode of filmmaker Stephen Meaux's culinary series.
A Lafayette man with an alleged taste for child porn was busted Thursday evening during a cyber crime sting launched by the Attorney General’s Office.