Posted on · Low oil prices have created more examples of what some call “zombie” oil companies. Forbes writer Christopher Helman recently wrote an article explaining what exactly that means and how these companies could hurt banks. MORE: Zombie Oil Companies Could Hit Banks With $20 Billion In Loan Losses (Forbes, Feb. 12, 2016)
Posted on · The 2016 presidential race came to Houston last night (Feb. 25, 2016), as the remaining Republican candidates squared off in a live televised debate on the University of Houston campus. Neurosurgeon Ben Carson, Texas Sen. Ted Cruz, Ohio Gov. John Kasich, Florida Sen. Marco Rubio, and businessman Donald Trump debated immigration, national security, taxes, and […]
Posted on · It’s been a rough year for the oil and gas industry — and therefore a rough year for many Houstonians. Low oil prices have fueled layoffs and nail-biting throughout the industry. Joining us to round up to the latest in oil and gas news — and to look back at the year in oil and […]
Posted on · According to the Centers for Disease Control and Prevention, about 1.2 million Americans live today with HIV, the virus that causes AIDS. But that's also the same number the World Health Organization says died from AIDS-related causes worldwide last year, a fact which underscores how – even as HIV has become a largely chronic disease […]
Posted on · Reuters last month reported OPEC, the Organization of the Petroleum Exporting Countries, was concerned about dropping oil prices and wanted to open dialogue with member countries about cutting supply. Of course, no one wants to be the country that stops pumping first, especially in cash-strapped nations like Russia and Venezuela. Meanwhile, Saudi Arabia — a […]
Posted on · Germany is now Houston's seventh-largest foreign trading partner, with combined exports and imports at nearly $10 billion a year and rising. Hamburg is the home of Germany's largest port, while the Port of Houston is the largest in Texas — and second largest in the United States. Throughout the week, News 88.7 FM business reporter […]
Posted on · Is the boom in shale gas production — as a recent Houston Chronicle article suggested — “starting to waver?” It’s not that there isn’t more gas trapped beneath shale to capture (though that supply is not indefinite), a question the industry is asking now is: with crude oil fetching far less per barrel than it […]