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Posts Tagged ‘Penn State’

I was a freshman at Penn State when MLK was assassinated, and I very clearly remember when a fellow resident of Shunk Hall came into my room and told me what happened. Dr. King had spoken at Penn State a few years earlier, shortly after receiving the Nobel Peace Prize, and was much admired at the university.

Dr. King’s passion, leadership, courage, and communication skills were extraordinary, and his commitment to non-violence set him apart. Truly a great man.

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I met him when he was a freshman at Penn State (1968). He was wise beyond his years. The rest is history. RIP Franco.

Perhaps most fitting is that the indelible image of him reaching down to make that catch, to save the day, is symbolic of a big man reaching down to lift others he could help.

Sue Paterno

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In sports, the experts are soon exposed. In regulations and standards, consensus misjudgments are less obvious and may take years to be demonstrated. Also, regulations and standards are often outdated and may not reflect best practices. That is why compliance with regulations and adherence to industry standards is not sufficient. We need to continuously assess risks, observe, listen, review data, and actively manage our operations to achieve safety and environmental objectives.

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This is a must read letter from Gustavo Coronel, petroleum geologist and former member of Venezula’s Congress, to Alí Rodríguez Araque, Venezuelan Minister of Electric Energy.

You recently spoke in the National Assembly and challenged anyone who opposes the government’s petroleum policy to speak openly.

I take this opportunity to do so. I feel qualified to do this because, when you were a member of the Venezuelan guerrillas during the 1960’s, in charge of blowing up oil installations, I was active in building them. During much of my life I have produced oil while you have lived off the oil we have produced.

On the Aban Pearl:

The renting of offshore drilling barges, such as the Aban Pearl, which sank last year in Venezuelan waters, has been full of irregularities that I have denounced in much detail without any action being taken, so far.

Just a few days ago at an advisory committee meeting, some of us were talking about what an outstanding company PDVSA used to be. At Penn State, we had some very bright petroleum engineering students from Venezuela who went on to work for PDVSA.  I am sure they have some very interesting stories to tell about their careers and the changes in Venezuela’s oil industry.

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Kim and Terry Pegula flanked by PSU President Graham Spanier and Athletic Director Tim Curley

Penn State, often known as Happy Valley, is now also Hockey Valley, thanks to an $88 million donation to fund a new ice arena and establish NCAA Division I hockey programs for men and women.  The donation was made by Terry Pegula, a Penn State petroleum and natural gas engineering graduate, and his wife Kim.  The Pegulas recently sold their exploration and development company, East Resources, to Shell for a reported $4.7 billion.  East Resources has extensive holdings in the Marcellus Shale, a major component of the emerging “natural gas revolution” in the US.

Although Terry and I had the same major at Penn State, he graduated two years after me and I did not know him.  Nonetheless, I want to congratulate Terry for his phenomenal success and generosity.  The Pegulas’ unprecedented contribution will have major recreational, economic, and social benefits for Happy Valley and all of Central Pennsylvania.

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