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OTC Preview and the Astros’ Streak: Monday’s Show (May 4, 2015)

The 2015 Offshore Technology Conference kicks off today at NRG Park. More than 90,000 oil and gas professionals from 130-plus countries will converge to learn about the industry’s latest technology and equipment. Also high on the minds of OTC attendees: how the drop in oil prices is impacting the industry, and what the new Subsea […]

The 2015 Offshore Technology Conference kicks off today at NRG Park. More than 90,000 oil and gas professionals from 130-plus countries will converge to learn about the industry’s latest technology and equipment. Also high on the minds of OTC attendees: how the drop in oil prices is impacting the industry, and what the new Subsea Systems Institute offshore research center may offer. The center funded through the RESTORE Act following the 2010 Deepwater Horizon oil spill is designed to explore ways to reduce the risk of offshore accidents.

On this edition of Houston Matters, we discuss the impact of low oil prices on the industry with Christopher Ross, Executive Professor of Finance at the University of Houston’s Bauer College of Business. And we learn more about the Subsea Systems Institute from Dr. Ramanan Krishnamoorti, Chief Energy Officer at the University of Houston, and acting Vice President/Vice Chancellor for Research and Technology Transfer.

Also this hour: The Texas Department of Transportation last week unveiled some potential options to address traffic congestion along Interstate 45 through downtown Houston, in order to gauge public opinion. Among the potential changes under consideration: rerouting I-45 to the eastern side of downtown, where US 59 runs today. Another idea floated: tearing down the Pierce Elevated and turning the area into green space. News 88.7 FM transportation reporter Gail Delaughter attended a TxDOT information session last week, and she joins us to share some of what she saw and heard.

Then: The Houston City Council recently approved a plan to overhaul Memorial Park. We find out what the plan entails, as Houston Matters’ Michael Hagerty checks in with the Houston Chronicle’s Mike Morris.

And: The Houston Astros swept the Seattle Mariners over the weekend, extending their winning streak to ten games and the Astros’ lead to seven games in the American League West. The ten-game streak is the franchise’s longest since 2004, and it has propelled the Astros to the best record in the American League. We discuss the ball club’s continued success, preview the Houston Rockets’ second round NBA Playoff match-up with the Los Angeles Clippers, and review the Houston Texans’ NFL draft selections with MK Bower, who joins us most Mondays to discuss the latest developments in Houston sports.

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