Finding themselves at the heart of the Banking on Climate Chaos 2021 Fossil Fuel Finance Report 2021, controversial conclusions were drawn on the working relationship between the banking and fossil fuel industries. With the current and intensified animosity towards both sectors, neither fared well in the published analysis.
Authored by...
When, in December 2015, then-President Barack Obama affixed his signature to one of the many omnibus spending bills that congress has sent to various presidents over the last 15 years or so, few could have predicted the massive paradigm shift the act would have on America’s oil and natural...
The Biden administration recently unveiled an ambitious set of proposals dealing with a wide range of infrastructure issues facing the U.S. Areas expected to benefit include semiconductor, broadband, electric vehicles, renewable energy and big pharma. Of note is that the stimulus will come more from fiscal policy rather than...
This event was the Texas Energy Alliance Coalition's first time working with Jonathan's The Rub, and it did not disappoint. The atmosphere was great, the food was amazing and the company was like no other. We want to give a special thank you to the restaurant owners and staff...
Thank you, San Antonio Pipeliners Association, for hosting the 2021 Midstream Open Golf Tournament and allowing SHALE Magazine and TEAC to participate. The event was held on April 2, 2021, at the Hyatt Hill Country Resort Golf Course in San Antonio, TX as a fundraiser for the STEM Scholarship...
Oilfield Worker Salary: Clarifying the Law
Introduction
The last two years have brought uncertainty to the issue of whether Oilfield Worker Salary paid on a day-rate compensation plan may be properly classified as exempt from overtime under the Fair Labor Standards Act (FLSA).
Exempt vs. Non-Exempt: Overtime Pay for Oilfield Worker Salary
In...
Texas temperatures have normalized, and power has been restored, but the question remains how can future blackouts be prevented? Additionally, what can the rest of the country learn from the blackouts in both Texas and California?
There are several lessons we can learn from these blackouts, which happened just seven...
If you do business in the oil and gas industry, you know that lawsuits are inevitable. The uncertainties of drilling success, coupled with volatile markets and prices, often spawn disputes that end up with at least the threat of litigation. While you can’t entirely protect your business from lawsuits,...
The more things change, the more they remain the same. Tumultuous events are certainly nothing new for the energy sector. But with recent events, including historically low oil prices, the Coronavirus pandemic, and a new administration scrutinizing oil and gas production, questions inevitably arise with respect to royalty leases:...
Leadership has its challenges – there’s no question about it. Add in a pandemic, racial challenges across the United States, shifting public sentiment about energy production and other divisive issues that seem to lurk around every corner and leading employees becomes increasingly difficult.
As the country returns to the workplace,...
