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.
Tuesday's Blogs from the Bog!
Oscar de la Renta dies; Pistorius sentenced; World Series begins and more national and international news for Tuesday, October 21, 2014.
We will be offering our recommendations on the constitutional amendments tomorrow.
Three bedroom in Lawtell or two bedroom in Rayne
Fall's new darling
The justices did not comment in leaving in place lower court rulings that dismissed the lawsuits against BP and other companies involved in the worst U.S. offshore oil spill.
White registration is down by 7,700 voters while black registration has shot up by 7,100 voters.
Even though it had been rumored for months, U.S. Sen. Mary Landrieu finally pulled the trigger recently on a major campaign shakeup that moved control over to a few Big Easy insiders.
Acadiana's nightlife guide.
Louisiana's health department says it will seek law changes to stop billing sexual assault victims for exams and tests.
An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion.
It wasn’t the historic slashes to higher ed funding or the ensuing tuition spikes that recently had LSU’s student body and faculty riled up in collective outrage.
"I feel it is appropriate to speak up when there are topics that are being bandied about with little or no factual data to back them."
Will $400 be enough for the re-election campaign of LPSB's Hunter Beasley to overcome two years of holding our school system hostage and hurting the education of our children all because of a personal dislike of the superintendent?
Saints tight end Jimmy Graham said Friday he expects his playing status in Detroit to be decided by coach Sean Payton on Sunday, shortly before the game.
Two bedroom cottage in Lafayette or three bedroom traditional in Erath
Gulf Brew ready threads
Lawmakers have sidestepped a decision on whether they accept claims from Gov. Bobby Jindal's administration that the state closed last year's books with a nearly $179 million surplus.
Coming off the high of a fourth quarter comeback against Tampa Bay and a helpful bye week, linebacker Junior Galette sees a real turnaround coming for New Orleans' struggling defense.
Former President Bill Clinton, the Democratic Party's most popular surrogate this fall, is heading to Louisiana early next week for a campaign rally with U.S. Sen. Mary Landrieu.
Time and again you hear people say DA Mike Harson is unbeatable because he's doled out political favors over the past 20 years. But a new lawsuit could end that speculation.
We welcome nominations from readers and leaders throughout the business community in Lafayette and the five surrounding parishes.
Acadiana's nightlife guide.
Ebola is kind of terrifying if you watch too much Fox News and CNN. Especially Fox, which makes everything look terrifying because, well, War on Christmas and Obama and all.
Local developer’s Lake Charles Gardens LLC purchases buildings and leases; land still owned by Dugas family.
One bedroom townhouse or two bedroom townhouse in Lafayette
Hit the barre for a good cause
Whatever district you are in, please do your research. Find out what the schools need in order to teach. Better yet, ask your child’s teacher. They know!
Get your groove on with two free concerts in Downtown Lafayette Friday, both at Parc Sans Souci.
After the season's signature win (so far), here are some helpful tips for Cajun Nation during the conference stretch.