Major electric utilities in New Mexico have a deadline to meet a new law requiring them to get 100 percent of their power from carbon emission-free sources by 2045. Gov. Michelle Lujan Grishman signed the sweeping energy legislation into law last Friday saying the Energy Transition Act shows “states in fact can respond to the …
March 25, 2019 archive
Federal judge refuses to dismiss lawsuit against contractors in Gold King Mine blowout
This 2015 file photo shows the Animas River shortly after the toxic spill at the Gold King Mine in Colorado, August 2015 | Photo courtesy of Riverhugger via Wikimedia Commons, St. George News Contractors for the Environmental Protection Agency who tried to avoid responsibility for the Gold King Mine Blowout that spilled …
Plan pushed to tax Oklahoma’s sand and gravel industry
Oklahoma already taxes oil and gas and wind power and now legislators want to tax sand and gravel. The Journal Record reports the effort by Rep. Justin Humphrey, a Republican from Lane in Atoka County won considerable support in the House and is now being considered by the State Senate. Here’s how the Record reported …
Growing concern about an economic slowdown affects oil prices
Worries about an economic slowdown combined with OPEC’s production cuts and U.S. sanctions on Iran and Venezuela prompted a slip in oil prices in early trading on Monday. Brent crude oil futures were down 36 cents at $66.67 per barrel while U.S. West Texas Intermediate futures dropped 29 cents at $58.75 per barrel. Both benchmarks …
Mueller Clears President of Russian collusion—Oklahoma’s GOP Congresmen not surprised
The response of Oklahomans in the U.S. House and Senate to the report by Special Counsel Robert Mueller was no surprise. They suggested the report that cleared President Trump of any Russian collusion was expected and what they had been professing for the past two years. “The summary of the Mueller report Attorney General …
Judge won’t dismiss “fuel gas” lawsuit filed against Cimarex Energy
As Colorado’s Cimarex Energy Company and Cimarex Energy Company of Colorado fight a class action lawsuit over royalty payments, a Muskogee federal judge has refused to dismiss the suit. It’s a suit involving the use of natural gas as fuel gas. U.S. District Judge Steven P. Shreder of the Eastern District of Oklahoma denied …
Federal judge gives partial court victory to Seventy Seven Energy
The Oklahoma City energy firm spun off from Chesapeake Energy nearly 5 years ago has won a partial victory in a federal court lawsuit filed over its retirement and savings plan. Oklahoma City U.S. District Judge Timothy D. DeGiusti granted Seventy Seven Energy’s request to dismiss some of the claims made in a class-action lawsuit …
House Democrats start push to overturn FCC’s repealing of net neutrality protections
Democrats on the House Energy and Commerce committee will consider legislation to overturn President Trump’s elimination of net neutrality protections. The Subcommittee on Communications and Technology, led by Rep. Mike Doyle (D-PA) will meet Tuesday morning on Capitol Hill. Democrats are anxious to push back against the Trump Administration and the Federal Communications Commission which …
Texas AG files suit over massive Houston fire
The massive fire that happened a week ago near Houston prompted the Texas Attorney General to file suit against the company responsible for the 3-day blaze. Ken Paxton filed suit against Intercontinental Terminals Company alleging it released pollution in violation of the Texas Clean Air Act. His 18-page lawsuit was filed in a Travis County …
Texas investment firm reports sale of 6 million shares in Chesapeake Energy
A Texas investment firm reports disposing of nearly 6 million shares it had in Oklahoma City’s Chesapeake Energy Corporation. In a filing with the Securities Exchange Commission, Chesapeake Energy reported the sale of 5,913,736 shares by investor NGP Energy Capital Management, LLC based in Irving, Texas. Prices received for the shares ranged from $3.26 to …
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