Loren Steffy is a managing director for editorial and content at 30 Point Strategies, a writer-at-large for Texas Monthly and an executive producer for Rational Middle Media LLC. He was an award-winning business columnist for the Houston Chronicle for nine years, and prior to that was the Dallas Bureau Chief for Bloomberg News. A frequent speaker and commentator on both radio and television, he is the author of Drowning in Oil: BP and the Reckless Pursuit of Profit and The Man Who Thought Like a Ship. His biography of Houston oilman, developer and philanthropist George P. Mitchell will be published in the fall of 2019.
During his journalism career, Steffy was a four-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism, business journalism’s highest honor, and the recipient of numerous state and national awards. His reporting on the collapse of Arthur Andersen was selected for the 2003 edition of the "Best Business Stories of the Year."
Steffy also worked at the Dallas Times Herald and other publications. He holds a bachelor's degree in journalism from Texas A&M University.
Drowning in Oil: BP and the Reckless Pursuit of Profit
Drowning in Oil, by award-winning Houston Chronicle business reporter and columnist Loren Steffy―considered by many to be the writer with the best access to the story―is an unprecedented and gripping narrative of this catastrophe and how BP's winner-take-all business culture made it all but inevitable.
Through never-before-published interviews with BP executives and employees, environmental experts, and oil industry insiders, Steffy takes us behind the scenes of 100 years of BP corporate history. Beginning with the conglomerate's early gambits in the Middle East to its recent ascent among energy titans, Steff unearths the roots of the Gulf oil spill in the unwritten bargain between oil producers and consumers, whose insatiable appetites drive the search for new supplies faster, farther, and deeper.
Beyond this, the Deepwater Horizon disaster took place after a history of cost cutting in pursuit of profits, particularly under the guidance of its two most recent ex-CEOs, John Browne and Anthony Hayward.
Exhaustively researched and documented, Drowning in Oil is the first in-depth examination of how a lack of corporate responsibility and government oversight led to the biggest offshore oil spill in U.S. history. It is an objective, no-punches-pulled account of the energy industry: its environmental impact and the intense competition among stakeholders in today's oil markets.
The Man Who Thought Like a Ship2012