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Archive for June, 2010 Forbes: Bad Policy Fallout From BP SpillFriday, June 25th, 2010
From Forbes.com, June 25, 2010: In a commentary written for Forbes.com, Eric Smith, associate director of the Tulane Energy Institute, says the Obama administration’s current Gulf policy will lead to the departure of drilling companies, increasing the nation’s dependence on foreign oil and dealing the U.S. Gulf Coast a dire economic blow. To read the entire commentary, visit Forbes.com: TABA announces Tulane Business Forum programFriday, June 25th, 2010
Updated July 9, 2010 The Tulane Association of Business Alumni (TABA) has announced the program for the 2010 Tulane Business Forum. With the theme “Leveraging Corporate Resources,” this year’s forum will focus on business leaders and organizations that have demonstrated the ability to leverage assets to strengthen their market positions and achieve goals.
Celebrating its 31st year, the Tulane Business Forum is the premier business conference in the Gulf South, with an annual attendance of more than 750 business leaders from across the region. The forum is TABA’s primary fundraising vehicle and provides essential support for Freeman School programs including the TABA Community Service Program, the Tulane Business Plan Competition, Freeman Days networking events, and the annual Rock ‘N’ Bowl Party welcoming incoming graduate students. The 2010 Tulane Business Forum will take place on Friday, Oct. 8, at the New Orleans Sheraton (please note the change in venue). Registration begins at 8 a.m. with the first speaker at 8:30 a.m. By attending the forum, CPAs can earn five Continuing Professional Education credits and PEs can earn five Professional Development Hour credits. For more information about this year’s program and to register online, visit TulaneBusinessForum.com. WSJ: Louisiana Rebound Gives Way to Dark ProspectsThursday, June 24th, 2010
From the Wall Street Journal Online, June 23, 2010:
To read the entire article, visit wsj.com: http://online.wsj.com/article/SB10001424052748704638504575318831869940678.html NPR: Examining the effects of drilling moratoriumTuesday, June 22nd, 2010
From NPR’s All Things Considered, June 21, 2010: NPR’s Michele Norris spoke with Eric Smith, associate director of the Tulane Energy Institute, about the drilling moratorium’s potential impact on the Gulf Coast economy and what the government can do to improve safety on rigs drilling in deep water. To listen to the entire segment, visit NPR.org. http://www.npr.org/templates/story/story.php?storyId=127991878 Despite the spill, stock-picking professor sees winners as well as losers among small-cap energy firms in Gulf areaFriday, June 11th, 2010FOR IMMEDIATE RELEASE Contact: Ben Haimowitz NEW ORLEANS – The likely effect of the Gulf oil spill on the future stock performance of energy companies in the region may be less dire than one might imagine, suggests a Tulane business professor who is a leading expert on the area’s economy, particularly small-cap firms that he calls “stocks under rocks.” While the six-month moratorium on deep-water drilling may play havoc with the prospects of many firms in the energy sector, which dominates the region, it may actually benefit others. This assessment comes from Peter Ricchiuti, a clinical professor of finance at Tulane’s A. B. Freeman School of Business and director of its Burkenroad Reports program, in which business students analyze stocks of 40 small-cap companies in Louisiana and nearby states (www.burkenroad.org). A mutual fund based in large part on Burkenroad Reports has outperformed 99 percent of U.S. mutual funds since its inception in 2001.  Clinical professor of finance Peter Ricchiuti says some of the companies followed by the Freeman School's Burkenroad Reports program may actually benefit from a moratorium on deep-water drilling. According to Prof. Ricchiuti, there are four major energy initiatives in Louisiana and the Gulf area in general, “and they’re all spectacular.” The first initiative is based on the massive natural gas deposits of the Haynesville Shale, near Shreveport, which “in two or three years,” he says, “will be the biggest natural gas field in the world”; the second exploits old land wells and gives them a new lease on life; the third focuses on potentially major natural gas deposits 25,000 or more feet below shallow-water portions of the Gulf; and the fourth involves wells in deep water, where a six-month moratorium on further drilling has been instituted by the Obama administration. That moratorium in deep water, the professor thinks, could work to the benefit of Burkenroad-covered companies in the three other exploration sectors, as they get more attention and money. NPR: Oil, Fishing Industries Entwined In Miss. River DeltaThursday, June 3rd, 2010
From NPR’s Morning Edition, June 3, 2010:
To hear the entire segment, visit NPR.org: http://www.npr.org/templates/story/story.php?storyId=127398010&ft=1&f=1006 Forbes.com: The U.S. Should Value Oil CompaniesWednesday, June 2nd, 2010
From Forbes.com, June 1, 2010: In a commentary written for Forbes. com, Eric Smith, associate director of the Tulane Energy Institute, says oil companies need the U.S. less than the U.S. needs oil companies. To read the entire commentary, visit Forbes.com: Times-Picayune: BP faces the task of repairing its public imageTuesday, June 1st, 2010
From The Times-Picayune, May 30, 2010:
To read the entire article, visit nola.com: http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/05/bp_faces_the_task_of_repairing.html |
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