Hundreds already lose their jobs over Keystone XL cancellation

  Hundreds of workers on the Keystone XL pipeline have reportedly already lost their jobs because of President Biden’s cancellation of the permit allowing the line to be built in Montana, South Dakota and Nebraska. The Republican National Committee made a Twitter post this week with a video of a Keystone XL general manager announcing …

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GOP leaders tell President his 60-day energy freeze contradicts his call for unity

  Oklahoma congressman Frank Lucas joined House Republican leaders in sending a letter to President Biden calling on him to revoke the 60-day freeze he announced on new mining, oil and gas leasing and permitting on federal lands. He joined House Republican Leader Kevin McCarthy of California, GOP Whip Steve Scalise of Louisiana and GOP …

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Ho hum Tuesday for crude futures while Oklahoma stocks suffered losses

Week two of the Biden administration and Oklahoma energy stocks continued in their depressed ways with most reporting losses in Tuesday’s trading. Earlier in Tuesday’s trading, crude futures saw some gains as investors liked word that Russia and Iraq will have lower oil exports in February. West Texas Intermediate crude finished up 19 cents for …

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Former NASA Administrator Bridenstine takes Oklahoma City job

  After serving as NASA Administrator in the Trump Administration, Jim Bridenstine will be back in Oklahoma working for an Oklahoma City private equity firm. The former 1st District U.S. Representative from Tulsa eagerly sought the NASA position and after getting it, helped lead the agency in its work to again putting man back on …

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Biofuels groups push for higher ethanol levels in gasoline production

    As the Wynnewood Refining Co. and the owner of two other small refineries prepare for a biofuels mandate fight before the U.S. Supreme Court, the ethanol industry is pushing for higher amounts to be included in gasoline production. POLITICO reported the biofuels industry will only be helped by the President’s plan to build …

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Oil and gas groups criticize Biden over his energy steps

  The Petroleum Alliance of Oklahoma wasn’t alone in its scathing response to President Biden’s recent moves targeting oil and gas. Oil and gas groups in Texas, New Mexico and Louisiana—all heavy oil and gas-producing states—blasted the President for the 60-day free he put on permits and leases of production on federal lands. “Should this …

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Sierra Club report blasts utilities for not doing enough to end coal use

  Some utilities in Oklahoma, Arkansas and other states don’t fare well in a new report card issued by the Sierra Club which graded them on their progress toward climate goals and eliminating use of coal-fired generators. Entitled “The Dirty Truth about Utility Climate Pledges, the report claimed that of 50 major utilities that generated …

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Energy news in brief

** President Biden is expected to announce several executive actions on Wednesday meant to fight climate change, including one asking government agencies to determine the extent of a drilling ban on federal land, two people with knowledge of the matter told The New York Times on Monday. ** Elon Musk is ‘super fired up’ about President Joe Biden’s focus …

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Big production by Ovintiv from four STACK wells

    Denver’s Ovintiv Mid-Continent Inc. proved there’s still a lot of oil to be found in Oklahoma’s STACK play as the company filed completion reports on four late-2020 wells with combined total production of 4,164 barrels of oil a day. The four big-producing wells, drilled on a single pad in Kingfisher County at 15 15N …

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West Virginia leaders speak against President’ cancellation of Keystone XL line

  Put some West Virginia leaders among those critical of the President’s cancellation of the Keystone XL pipeline, a decision they believe will affect their state’s economy. “We know we are dealing with folks who really don’t respect America’s energy independence and that is terrible for West Virginia,” said Attorney General Patrick Morrisey, R-W.Va. in …

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