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Louisiana Governor and Air Products announce US$4.5B blue hydrogen clean energy complex in Eastern Louisiana

Green Car Congress

Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. Today, this vast US Gulf Coast pipeline network can supply customers with more than 1.6

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Low oil prices hurting some US shale operations; slumping oil prices putting pressure on drillers

Green Car Congress

Baker Hughes CEO Martin Craighead predicted that US drilling companies could begin to seriously start removing rigs from operation if prices drop to around $75 per barrel. For example, the pricey Tuscaloosa shale in Louisiana breaks even at about $92 per barrel. Much rides on the decision making of officials in Saudi Arabia.