Daily Archives: August 27, 2010

Sheila McNulty

The oil industry is taking its lobbying to the streets on September 1, when it will stage rallies in three Texas cities – Houston, Port Arthur and Corpus Christi.

The American Petroleum Institute, a key organiser, says more than 5,000 people - and more likely 7,000 considering RSVPs from oil and gas companies, supporting agricultural and other companies – are expected to show up.

The last time the industry held a rally it did fill the venue as companies urged their staff to attend in hope of drumming up support for the industry.

The oil industry is the lifeblood of Texas. The API, the industry’s national trade organisation, estimates the oil and natural gas industry supports more than 1.7m jobs in Texas and accounts for almost 25 per cent of the state’s economy.  

Masa Serdarevic

Elsewhere this Friday:

- Why our agricultural empire will fall

- China’s clean energy plan hinges on coal price

- Behind scenes of Gulf oil spill, acrimony and stress

- Preventing the next oil spill: Do consumers hold the key?

- Fifty years of OPEC: its achievements, failures and lapses

Masa Serdarevic

- Documents hint at BP planning failures – FT

- BP executives say they didn’t know who had command of rig before blast – Bloomberg

- Dana delays takeover defence – FT

- BHP chief not anxious over Potash bid – WSJ

- PetroChina vows global expansion as price controls curb profit – Bloomberg

Premier plans to double production – FT

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