Archive for the ‘ENERGY – Market Sector’ Category

Entergy plans three solar-power pilot projects

by Published: December 22,2014

Tags: Business, Entergy, Mississippi, NEWS, Okolona, solar energy, Stion

The Mississippi Public Service Commission has approved three solar power projects to be constructed by Entergy. The pilot projects, the first to be sponsored by a utility, will be built in Senatobia, Jackson and Brookhaven, Northern District Commissioner Brandon Presley said in a news release. Each will have the capacity to generate 500,000 kilowatts of […] [...]

Comstock quits Tuscaloosa play on falling prices

MCCOMB — A second oil company is stopping drilling in the Tuscaloosa Marine Shale because of falling oil prices. Comstock Resources, based in Frisco, Texas, said Thursday that it would stop drilling in the oil region, which straddles the state line between southwest Mississippi and Louisiana’s Florida Parishes. “Comstock has released its rig in the […] [...]

Shale oil: market correction or longterm direction?

By Jack Weatherly The golden age of hydraulic fracturing began about 10 years ago “as oil and gas producers began to explore the nation’s massive shale formations in earnest,” according to an essay on the American Society of Mechanical Engineers website. Expansion of the technique in subterranean shale formations has pushed the United States toward oil […] [...]

Wicker receives committee assignments

by Published: December 16,2014

Tags: Business, Mississippi, NEWS, Politics, Roger Wicker

JACKSON — Mississippi Republican Sen. Roger Wicker has retained his seniority positions on the Senate Armed Service and Commerce Committee. Wicker’s office says in a news release that the senator will also serve on the Budget Committee; the Environment and Public Works Committee; and the Rules Committee. The EPW Committee oversees a broad range of […] [...]

Miss. regulators OK small Entergy rate increase

by Published: December 11,2014

Tags: Business, energy, Entergy, Mississippi, NEWS

JACKSON — The Mississippi Public Service Commission is approving a new rate plan for Entergy, Mississippi’s largest private electrical utility. Commissioners voted unanimously for the plan Thursday. It will take effect with February bills. The plan increases overall rates by $16.2 million a year. A residential customer who uses 1,000 kilowatt hours per month would […] [...]

Dropping gasoline prices a reason for giving thanks

By Jack Weatherly Holiday travelers have one more reason to be thankful this year. And Mississippians could have another gift at Christmas, if prices at the pump continue to fall, which is the consensus of observers. That’s because dropping crude-oil prices have driven retail gasoline prices to their lowest level in four years. AAA projects […] [...]

Pre-trial hearing set for ex-BP exec

NEW ORLEANS — Attorneys for one of the men facing criminal charges in connection with the 2010 Gulf oil spill are hashing out a variety of issues ahead of a March trial. The defendant is former BP executive David Rainey, who has pleaded not guilty to charges that he obstructed a congressional investigation into the […] [...]

USM researchers to study oil, dispersant in Gulf

HATTIESBURG — A research consortia led by the University of Southern Mississippi will use $11 million in funding to study the impact of oil, dispersed oil and dispersant on the Gulf of Mexico’s ecosystem and public health. The funds came from the Gulf of Mexico Research Initiative. The research will be conducted from 2015-17. Eleven […] [...]

Gulf oil rig explosion kills one worker, injures three

GULF OF MEXICO — An explosion occurred on an offshore oil and gas platform in the Gulf of Mexico yesterday, killing one person and injuring three. The Bureau of Safety and Environmental Enforcement said Fieldwood Energy reported the explosion on its Echo Platform just before 3 p.m. about 12 miles off Louisiana’s coast. In a […] [...]

Rollback of environmental regs might not be best move for Republican Congress

Some environmental groups are warning that the Republican takeover of Congress could result in a major attack on environmental regulations. Mitch McConnell from coal-heavy Kentucky, expected to be the new Senate Majority Leader, has said his top priority next year is to rein in the Environmental Protection Agency (EPA). But the Republican election victories won’t […] [...]

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