Volume 44| November 28, 2017
# Giving Tuesday
Today is  #GivingTuesday  and the Gulf Economic Survival Team (GEST) humbly asks for your support as we continue to educate and advocate for energy development throughout the Gulf of Mexico.

GEST is a grassroots 501(c)4 nonprofit organization with a mission to focus on a robust offshore oil and gas industry in order to support our local economy, our jobs and our way of life. Because of our efforts the Gulf of Mexico continues to be a thriving source of American energy for our country. Your generous support, even just $25, $50 or $100, helps to fulfill our mission. Please consider making a contribution to help support American energy and American jobs.  
CLICK HERE t o support GEST. Your contribution helps our advocacy efforts to ensure we are  Gulf Proud. Energy Strong  for many years to come.


Thank you for your support!
Oil Prices Chase $60 After a Year of Surging Demand
Via The Wall Street Journal
Oil prices have risen to levels not seen since June 2015, as unexpectedly strong global growth has driven demand and helped soak up a supply glut that has plagued the market for years.
The South Louisiana Economic Council stays ahead of the curve during the oil slump by shifting focus
via Business Report
SLEC President/CEO Vic Lafont’s region sits squarely in the crosshairs of a vertically integrated energy corridor, so any market fluctuation that adversely impacts the oil and gas industry has a distinct ripple effect. “In the flip of a switch, all of a sudden I was in business recovery mode, triaging companies that had really been damaged by the economy,” Lafont says...

Along the way, SLEC leverages resources and collaborates with other groups to create a stronger regional voice. In fact, it shares space in the same building at Nicholls State University with advocacy groups such as the Gulf Economic Survival Team , promoting Gulf of Mexico energy production; Restore or Retreat Inc., promoting coastal restoration projects; and the LA 1 Coalition, promoting the completion of the LA 1 Improvement Project.
Cenac Marine barge to help train students
Via Houma Today
Houma-based Cenac Marine has donated a refurbished oil and gas tank barge to South Louisiana Community College for training students.

“This is a joint venture with the state to allow better training and hands-on practical experience of a working 30,000-barrel tank barge,” said Benny Cenac, CEO of Cenac Marine Services. “This is a benefit for our industry. Not just Cenac Marine, but for the entire Gulf Coast area to have a place locally to train deckhands.”

This donation at a Nov. 14 ceremony is another major step in the partnership between Lafayette-based South Louisiana Community College and Cenac Marine. The company has also set up simulators in Morgan City for educational training and it is working on doing the same in Houma.
IEA: US To Account For Most World Oil Output Growth Over 10 Years Via Rigzone
BONN, Germany, Nov 16 (Reuters) - The United States is expected to account for more than 80 percent of global oil production growth in the next 10 years and it will produce 30 percent more gas than Russia by that time, the International Energy Agency (IEA) said on Thursday.

"This has implications on the oil markets, prices, trade flows, investment trends and the geopolitics of energy," IEA head Fatih Birol said at a U.N. climate conference in Bonn.

He said the United States, whose upstream energy industry has seen a resurgence with the development of fracking technology, would become the "undisputed leader of oil and gas production worldwide."
     Help be the Gulf's Voice    
In the Gulf of Mexico we are proud to produce the energy to fuel America, to generate the revenues for the U.S. treasury, and to create thousands of good paying American Jobs. We stand together to be
Gulf Proud. Energy Strong .  
Gulf Economic Survival Team | 985-448-4485 | gulfeconomicsurvival.org
View our most recent news at  gulfeconomicsurvival.org