January 2021 archive

Oil and gas contributed nearly $3 billion last year to New Mexico’s state government

  A new report called Fueling New Mexico provided by the New Mexico Oil and Gas Association pointed out that the industry provided close to $3 billion in revenue to the state last year. The report said the $2.8 billion in revenue included $1.4 billion for public schools and higher education, $640 million for health …

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OERB plans more spring training sessions for educators

  More virtual learning sessions for school teachers are planned this spring by the Oklahoma Energy Resources Board. The sessions will include a new hybrid model to help educators get new classroom materials and help keeping students engaged for the new semester and years to come. The professional development opportunities for teachers is funded by …

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API makes case for Oklahoma regulators to increase natural gas production

  Oklahoma Corporation Commissioners are being told the 50% prorationing formula they adopted last year on unallocated gas wells in the state hurt the industry and the state and should be increased to 100%. The American Petroleum Institute, in a Jan. 13, 2021 letter to the three commissioners stated their action in March 2020 resulted …

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Wind industry faces increasing opposition in some regions

  The wind industry is seeing more attempts by local government regulators to put restrictions on its growth and development. Witness two examples, one in Illinois and another in Iowa. The Piatt County Journal-Republican in central Illinois reported on how a county board agreed to put limits on wind turbine heights because of shadow flicker …

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Energy news in brief

** Renewable energy, mostly solar and wind, are set to account for more than two-thirds of the new electricity generation capacity that the United States will install this year, the U.S. Energy Information Administration (EIA) said in its latest inventory of electricity generators this week. ** The island nation of Palau says a tanker that recently loaded Venezuelan crude …

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Finances of Interior nominee revealed this week

  As she prepares to possibly become the new Secretary of the Interior Department, New Mexico Democratic Rep. Deb Haaland filed financial disclosure documents this week. They showed she had no outside income of her job as a member of Congress with the exception of a $175 annual stipend from the Laguna Pueblo of which …

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Biofuels group vows fight over EPA’s expected approval of waivers

  A legal fight is likely if the Environmental Protection Agency, in the final days of the Trump Administration approves any of the 32 pending biofuel waivers request by small  refineries such as the Wynnewood Refinery in Oklahoma. The promise of a fight was made by the Renewable Fuels Association, a group of corn farmers, …

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Enviros plan to sue over efforts to stop wildfires

  Oklahomans know all about wildfires and how deadly and destructive they can be, especially on wind-driven days such as those this week. Even forest fires in the southeast part of the state get the attention of the state’s forestry department. Remember those destructive wildfires that raced across Red Cedar tree filled plots of land …

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OPEC predicts increased crude oil production this year in the US

  OPEC leaders say they believe U.S. shale oil production will increase in 2021 as crude prices increase. On Thursday, OPEC said in a monthly report that the supply outlook is more “optimistic” and will increase in the second half of this new year. It indicated U.S. total oil supply will increase by 370,000 barrels …

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Report—oil and gas industry has been good to Texas

  The Texas Oil and Gas Association reported this week the oil and gas industry paid nearly $14 billion in taxes in 2020 to the state of Texas and local governments. In the association’s annual report, Todd Staples, President said the COVID-19 pandemic and what it did to the industry also showed one thing—oil and …

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