New Mexico Democratic Rep. Deb Haaland’s nomination to be Interior Secretary in the Biden administration will receive a final Senate vote Monday afternoon. She will likely win the Senate support after a procedural vote to advance the nomination received the support of four Republicans but not Oklahoma Sens. Inhofe and Lankford. Sen. Jim Inhofe, …
** Environmental and community groups have sued a California county after the prime oil-drilling region approved a plan to fast-track thousands of new wells in a state that’s positioned itself as a leader in combating climate change. ** The U.S. Department of Justice is seeking $3.2 million in penalties from Appalachian coal mines owned by West Virginia …
Already a member of the U.S. House Energy and Commerce Committee, Oklahoma Rep. Markwayne Mullin was picked this week to serve on the House Permanent Select Committee on Intelligence. He’ll be on the same committee as two Democrats that Republicans want removed from the body. “I am honored to be selected to serve on …
An OU history professor offers a take on the fight by the U.S. oil and gas industry against being eliminated by the Biden administration—a fight that involves some major companies in Oklahoma. The Associated Press reported that Biden’s election put big oil companies on the defensive after largely having their way in Washington under President …
Several things were at play Thursday as oil prices rose more than 2% in trading. There was the the factor of a weaker dollar along with expectations that a crude oil glut might not exist for long following a steep drop in U.S. fuel stocks along with Texas refineries resuming operations after the February …
Devon Energy announced its wholly-owned subsidiary WPX Energy has made an early redemption of $700 million in senior notes. The redemption covers a 2014 indenture WPX had made with the Bank of New York Mellon Trust Company. It included $210 million of 5.250% senior notes due in 2027; $175 million in 5.875% senior notes due …
A report by Enverus Rig Analytics shows a drop in the U.S. rig count in the past week with growth stalled in the Permian Basin but up in the Anadarko Basin of Oklahoma and the Texas Panhandle. It also reported a big drop in rig activity by Oklahoma City’s Devon Energy. Enverus reported …
The same issue that had the attention of Oklahoma leaders last month—that of monstrous natural gas bills during the winter storm—prompted the Colorado Attorney General this week to ask for a federal investigation. Attorney General Phil Weiser called on the Federal Energy Regulatory Commission to investigate reports that traders booked a $210 million “windfall” …
** Electric vehicle startup Canoo Inc on Wednesday said it will introduce an American-built pod-like electric pickup truck in 2023, following in the footsteps of several rivals also entering the most popular segment of the U.S. automotive market. ** The power grid operator in Texas shouldn’t be allowed to hide behind government immunity to avoid legal responsibility …
Michael Regan might have won the praise of environmentalists for his work against the oil and gas industry in North Carolina where he headed that state’s environmental department, but he didn’t get the support of Oklahoma U.S. Sens. Jim Inhofe and James Lankford when he was confirmed as head of the Environmental Protection Agency …
