Loren Steffy

Insight from the Houston Chronicle's business columnist

Keeping jobs from killing workers

Workplace safety regulations don’t kill jobs; they keep jobs from killing workers.  More »
The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Steffy: Apache again tries to silence an investor – but fails this time

Few companies have worked harder than Apache Corp. in recent years to silence the voices of their shareholders.  More »
BP's Atlantis platform in the Gulf. (BP image)

The Atlantis documents that BP didn’t want anyone to see

Last week, I wrote about the documents that have finally been made public in a court case over BP’s Atlantis platform in the Gulf of Mexico:  More »

The Atlantis documents that BP didn’t want anyone to see

Last week, I wrote about the documents that have finally been made public in a court case over BP’s Atlantis platform in the Gulf of Mexico: Thousands of pages of internal documents and emails, recently released in a long-running lawsuit, reveal ongoing safety issues, deficient design documents and a pattern of problems that are disturbingly [...]  More »
Eleven wooden crosses have been erected on the beach in Grand Isle, La., bearing the names of 11 men who died in the Deepwater Horizon disaster two years ago. / HC

Steffy: 11 deaths refute offshore drilling safety myths

The wooden crosses rise from the beach in Grand Isle, La., each bearing the name of one of the men who died 40 miles offshore two years ago.  More »
Traders work the crude oil options pit at the New York Mercantile Exchange Wednesday, Feb. 23, 2011 in New York. (AP Photo/Mary Altaffer)

Steffy: Speculation is a two-way street

When gasoline prices are rising, as they have been recently, I often get asked by readers to write about speculation. Usually the request is that I “expose” how speculation is driving up prices.  More »

Speculation is a two-way street

Speculators tend to get blamed for rising oil prices, but rarely get thanked when prices fall.  More »
A local contractor closes a valve on his tanker truck after watering down the dirt roads to keep the dust down at the Range Resources hydraulic fracturing operation in Claysville, Pa. The company is one of the many using the fracking process to extract natural gas from the deep wells drilled into the Marcellus Shale in the region. (AP Photo/Keith Srakocic)

Steffy: Slumping natural gas prices fuel companies’ worries

The talk of the town these days is gas prices and what to do about them.  More »

Have you heard the one about the airline that buys a refinery?

If Delta’s looking for a way to make its losses more consistent and pervasive, buying a refinery might be the ticket.  More »

Dynegy settles with creditors after blistering examiner report

Faced with the scathing results of a bankruptcy examiner’s report, Houston-based Dynegy has finally agreed to acknowledge the claims of its creditors, something the company should have done all along. Dynegy’s treatment of creditors leading up to its bankruptcy filing was more noxious than the emissions from its coal plants. Last summer, it created a [...]  More »
President Barack Obama, with Solyndra Chief Executive Officer Chris Gronet, looks at a solar panel, during a tour of Solyndra, Inc., a solar panel manufacturing facility, in Fremont, Calif. Solyndra received a $535 million loan from the U.S. government has announced layoffs of 1,100 workers and plans to file for bankruptcy. (AP Photo/Alex Brandon, File)

Steffy: Don’t blame China for Obama’s solar folly

The U.S. Commerce Department recently announced import tariffs on Chinese solar panels after declaring that Beijing illegally subsidized manufacturing.  More »

The folly of the Obama solar energy strategy

The Commerce Department’s decision to slap import tariffs on Chinese solar panels smacks of sour grapes. Having been bested by the Chinese in the manufacture of the panels, the Obama administration is hoping to cover up its own failed development policies. In this case, the victor is penalized by the loser. Alex B. Berezow and [...]  More »