Some see energy in abandoned wells
Tuesday, September 18, 2012 - 02:28 J. Stephen Conn / Creative Commons An oil well in Texas. Marketplace Morning Report for Tuesday, September 18, 2012 Jeremy Hobson: In the energy business there are renewables like wind and solar. And there are non-renewables -- like oil. Once you use up the oil that's in the well. That's it. Well, actually, a few researchers and entrepreneurs in Texas say that's not it. Andrew Oxford reports. Andrew Oxford: In his office at the University of Texas, geologist Bruce Cutright is pouring over maps and charts. Bruce Cutright: This is just a picture of the number of wells there are in Texas -- existing wells -- somewhere between 1.2 and 1.4 million. He is trying to show me what oil and gas companies usually don't see when their wells dry up. Those wells, Cutright says, are more than just holes in the ground. Cutright: As you drill deeper into the Earth, it gets hotter and hotter. By the time you're below 12,000 feet, you're encountering temperatures above ...
Racy Texas Bikinis Bar Trademarks 'Breastaurant'
Doug Guller, CEO of ATX Brands LLC, which owns Bikinis Sports Bar and Grill, announced today he has trademarked the term "breastaurant" through the United States Patent and Trademark Office, meaning his company is the only one who can describe itself with the term.
Office Depot, OfficeMax Outline CEO Search Process
OfficeMax and Office Depot named the committee members who will oversee the process of finding a new chief executive to lead the combined company.
Chesapeake sets up office of chairman, CEO hunt may be extended
Chesapeake Energy Corp said it had set up a three-person office of the chairman to take on certain day-to-day management responsibilities as the search for a new chief executive to replace Aubrey McClendon likely extends beyond an April 1 deadline.
Found 1 month ago on channel Reuters
FCC Chairman Julius Genachowski Stepping Down After Contentious Term: Reports
Federal Communications Commission Chairman Julius Genachowski will announce on Friday that he is stepping down, according to multiple reports. Genachowski, who became chairman in 2009, has presided over an agency that has grappled with contentious issues like U.S. broadband policy, cable and telecom industry competition, and media consolidation. In seeking to strike a centrist balance, Genachowski managed to displease both public interest groups that have pushed for a more activist FCC on issues like media ownership and Internet openness, as well as industry giants, particularly AT&T, which had proposed buying T-Mobile before the FCC objected. Genachowski’s announcement, which was expected, comes just days after another FCC commissioner, Robert McDowell, announced his plan to leave the agency. Their departures create two vacancies on the commission, which will be filled by candidates nominated by President Obama. The job of FCC chairman is particularly important, because the position ...