In an article about why lower crude oil prices are good for the oil industry, the Houston Chronicle quoted Professor David Spence on how despite recent sustained prices of $100 a barrel, prices are still high. According to Spence, “I think for the major produces, there are precious few projects of theirs that can’t produce at $80 oil. The lower-cost wells are still going to have a healthy profit margin.”
News Types: Media Coverage
Professor Wendy Wagner was quoted recently in a Yale Daily News article about a two-day conference on October 18-19, 2014 at the Yale Law School that brought together law and public health. The conference, which was entitled “Public Health in the Shadow of the First Amendment,” focused on the constitutionality of the Food and Drug Administration. Legal and public health experts also discussed “the extent to which scientific research, as currently conducted, is democratic.” According to Professor Wagner, “it is hard to quantify how pervasive commercial suppression of scientific results is.” “Some findings,” she observed, “are delayed or not reported at all because of legal barriers to free speech.” “Some scholars have avoided entering certain controversial fields of inquiry altogether”, she added.
In an article about a 2010 proposal by an environmental group to list the spot-tailed earless lizard as a federally protected species that is hanging in limbo, the San Antonio Express-News quoted Energy Center Executive Director Melinda Taylor on the rare lizard’s habitat, which likely includes large swaths of the Eagle Ford Share, the prolific oil and gas field south of San Antonio.
Professor Tom McGarity was quoted recently in an Inside Climate News article about the $2.9 million fracking verdict against Aruba Petroleum, which has survived another challenge. According to the story, “Judge Mark Greenberg has denied a motion by Aruba Petroleum for a new trial, letting stand the $2.9 million jury award to Lisa and Bob Parr who sued the company after gas and oil wells surrounded their once rural ranch south of Dallas.” Aruba says it will appeal. Professor McGarity isn’t surprised Aruba lost it’s motion for a new trial, observing that “‘The defendants presented a collection of things that they claimed were prejudicial and the judge said ‘No. I think there has been a fair trial here.'” McGarity also believes “the case will ultimately end up in the Texas Supreme Court … because [it] could be used to help determine future claims involving air emissions from the oil and gas industry.” “I think this case is viewed as a test case for lots of companies engaged in hydraulic fracturing,” McGarity added.
In an article about Texas’ two-year statue of limitations that says people have just two years from the time they notice a problem until the file a lawsuit, InsideClimate News quoted Professor Tom McGarity on how “If a plaintiff waits too long they will be barred by the statutes from brining a cause of action,” adding that “So to that degree it works in the defendants’ favor.”
An August 27th Bloomberg News article quotes Professor David Spence on how the oil industry in Colorado is giving fracking a makeover and cutting back on rumbling trucks and tamping down on pollution. According to the article, “Oil companies in Colorado are responding to a rising tide of resentment as local communities and environmental activists vie to impose measures to ban fracking and restrict drilling. A series of ballot initiatives and other grass roots opposition around the country is seen as threatening the booming shale industry, even is oil-friendly Texas, where the U.S. energy renaissance began.” “If those initiatives ‘continue to proliferate then companies lose access to those resources,'” said Spence.