Last updateTue, 16 Jan 2018 4pm


U.S. Infrastructure Is in Dire Straits, Report Says

More than a quarter of the nation’s bridges are structurally deficient or functionally obsolete. Leaky pipes lose an estimated seven billion gallons of clean drinking water every day. And aging sewage systems send billions of gallons of untreated wastewater cascading into the nation’s waterways each year.

Source: New York Times

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BP Official: Alaska Natgas Pipeline Prospects Dim

Prospects for a pipeline to ship abundant North Slope natural gas reserves to U.S. markets are dim due to free-falling energy prices, the overall economic collapse and the surprising emergence of unconventional energy alternatives such as shale gas, a senior BP official told an industry audience Friday.

"It's not a pretty story right now in terms of North American natural gas markets," Brian Frank, president of BP Energy Co and BP's North America Gas and Power, said at the annual conference held by the Alaska Support Industry Alliance.

Source: Reuters

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HHS and Novartis to Build U.S. Manufacturing Facility for Cell-Based Influenza Vaccine

The U.S. Department of Health and Human Services (HHS) has announced a $487M multiple year contract with Novartis Vaccines and Diagnostics, Inc., to build the first U.S. facility to manufacture cell-based vaccine for seasonal and pandemic flu.

In a release, the group noted:

Because cell-based influenza vaccine can be made faster and in greater quantities than traditional vaccine, the new facility is expected to increase the U.S. capacity to make pandemic influenza vaccine by at least 25 percent.

Source: Department of Health and Human Services

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Investors Beware: Oil, Gas Scams on the Rise

From 1999 to 2005, Granbury, TX resident James Retz and his Big Rock Ranches, Big Rock Land and Exploration and other companies sold tens of millions of dollars worth of oil and gas investments from a southwest Fort Worth office.

Early investors received financial statements and newsletters extolling the production of the properties, accompanied by royalty checks.

Source: Ft. Worth Star-Telegram

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