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Gulf oil, gas leases up for sale; environmentalists protest

oil gas lease

NEW ORLEANS — The federal government is selling off oil and gas leases in the Gulf of Mexico during a sale Wednesday, but environmentalists opposed to fossil fuels development on public lands plan to protest the sale. The Bureau of Ocean Energy Management is offering approximately 45 million acres for exploration and development. Companies submit bids in advance to the ...

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Typical Entergy customer to see $20 cut in bill

money

Between now and the end of September, a typical Entergy Mississippi residential account will see a cumulative reduction in the bill, starting a trend that will peak at about $20 a month on usage of 1,000 kilowatt hours, according to the Mississippi Public Utilities Staff. The downward trend started in January when the commission ordered a typical bill reduced by ...

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Entergy promotes Charles Hall

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Entergy Corporation has named Charles Hall vice president, power plant operations for Mississippi. Previously, he served as power plant manager at Gerald Andrus plant in Greenville. Hall began his career with Entergy in 1981 at White Bluff Plant near Redfield, Ark., where he spent more than 10 years in plant operations. He worked at several generating plants in both maintenance ...

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Broussard new Atmos VP

Brian Broussard is the new Vice President of Operations for the Mississippi Division’s Southern Region of Atmos Energy. He replaces Kenny Smith, who recently retired after 38 years with the natural gas distribution company Broussard moves to Mississippi from Dallas where he was Director of Operations for the Dallas–Fort Worth area of Atmos Energy. Previously, he served in a variety ...

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Legislators talk gas tax increase to repair roads, bridges

transportation

JACKSON — The heads of the Mississippi Legislature’s transportation committee are considering raising the gas tax to maintain the state’s highways and bridges. The joint House-Senate committee heard a presentation from the Mississippi Economic Council Thursday that called for $375 million a year to meet the repair needs. The committee heard from state transportation head Melinda McGrath earlier this month. ...

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Co-ops, PSC hammer out compromise legislation on net metering

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By JACK WEATHERLY  Electric power associations in Mississippi have decided not to appeal the Public Service Commission’s new net-metering rule. Instead, the South Mississippi Electric Power Association and the Electric Power Associations of Mississippi have worked with the commission to fashion compromise legislation to settle their differences with the rule rather than taking the matter to the state Supreme Court. ...

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Company’s solar facility set to begin generating electricity

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GREENWOOD — Those driving along Stribling Avenue during recent weeks may have noticed the construction of several hundred solar panels behind the offices of Delta Electric Power Association. The nearly completed facility is a joint project between the cooperative and its power supplier, Hattiesburg-based South Mississippi Electric (SME), said David O’Bryan, Delta Electric’s general manager. SME is a conglomerate made ...

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US stocks open higher as oil rebounds, banks rise

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U.S. stocks opened higher, seeking their first gain this week, as beaten-down energy and financial companies rebounded. Banks rose Friday after Deutsche Bank offered to buy more than $5 billion in bonds. Its shares were up 9 percent. JP Morgan Chase was up 5 percent. Oil jumped 6 percent, helping to lift energy company shares. Drilling company Transocean was up ...

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Oil and gas companies lead an early decline in stocks

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NEW YORK — Stocks were solidly lower in early trading Monday, as the price of oil took another tumble amid renewed concerns about the Chinese and U.S. economies. KEEPING SCORE: The Dow Jones industrial average lost 96 points, or 0.6 percent, to 16,369 as of 10:13 a.m. Eastern. The Standard & Poor’s 500 index lost 11 points, or 0.6 percent, to ...

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UPDATE: PSC rejects reconsidering net-metering rule

net-metering

By JACK WEATHERLY The Mississippi Public Service Commission had a month to enjoy the fruits of it five years of labor in producing a net-metering rule, which allows customers to produce power by rooftop solar panels and sell it to utilities. Mississippi became the 45th state to pass such a rule. Then the returns came in. Four filers  asked the ...

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