Guilty—-again

  The man whose criminal appeal left energy and environmental enforcement issues up in the air in Oklahoma has just been convicted in federal court, rather than the state court system. The Associated Press reported that Jimcy McGirt, 72 was convicted again of two counts of sexual abuse and one count of sexual contact and …

Continue reading »

Unwinding the Trump energy agenda

Barack Obama did it. So did Donald Trump And now Joe Biden, the apparent president-elect will apparently use the power of the pen to unwind President Trump’s domestic agenda, one that included many actions reversing controversial environmental policies enacted by former President Obama and one that gave a boost to the nation’s oil and gas …

Continue reading »

Feds sign off on major step in Devon and WPX Energy merger

  Devon Energy in Oklahoma City and WPX Energy of Tulsa have received government approval of their announced merger. In a Friday update, Devon Energy stated regulatory approval to proceed from what’s known as the HSR or Hart-Scott-Rodino Act clearance came from the Federal Trade Commission and the Justice Department. The two companies also filed …

Continue reading »

Cheniere Energy Partners reports $463 million 3Q loss

  Cheniere Energy Partners, L.P. reported a $463 million net loss or $1.84 per basic share for the just-finished third quarter, an increase from the $318 million lost a year earlier, but it also had $109 million in net income compared to a net loss of $291 million a year earlier. Net income totaled 43 …

Continue reading »

Hamm—Biden’s oil and gas admission came too late to save Trump

  Oklahoma oilman Harold Hamm believes the Presidential election might have had a different outcome had the nation really learned much earlier of Joe Biden’s true intentions of eliminating the country’s oil and gas industry. Speaking recently after Continental Resources announced its third quarter earnings report and before Biden was declared the unofficial winner, Hamm, …

Continue reading »

Energy news in brief

** U.S. energy company Energy Transfer LP announced it will finish work on its Mariner East 2X natural gas liquids pipeline in Pennsylvania by the end of the year and the final phase of the Mariner East projects in the second quarter of 2021. ** Colorado voters approved the reintroduction of wolves in the state, a plan …

Continue reading »

Oil, gas and energy stocks had a massive ‘down’ day on Friday

As the U.S. held its collective breath awaiting the outcome of the presidential election and races for the House and Senate, investors apparently didn’t like what they saw and as a result oil and gas futures dropped in Friday’s trading. There’s only one word to describe what happened to Oklahoma and related energy stocks—DOWN! West …

Continue reading »

Inhofe shows anger over forced resignation of Nuclear Security agency

  The head of the National Nuclear Security Administration, Lisa Gordon-Hagerty resigned on Friday and Oklahoma U.S. Sen. Jim Inhofe isn’t happy about it saying she was forced out of office by the Secretary of Energy. Inhofe ripped Energy Secretary Dan Brouillette who had been odds for a year with Gordon-Hagerty after he requested less …

Continue reading »

Drilling rig numbers grow nationally but slip in Oklahoma

  The nation’s oil and gas rig count increased by four to reach 300 in the past week, according to Baker Hughes Co. while Oklahoma’s rig numbers dropped by one. The effects of the COVID-19 pandemic continue to see oil and gas employment numbers at low levels and more drilling rigs in storage for the …

Continue reading »

AEP shutting down coal-fired power plant in Texas

  A coal-fired power plant in Texas is being retired by American Electric Power and the company said it will also discontinue the use of coal in another of its Texas power plants. AEP, parent company of Public Service Company of Oklahoma announced it will shut down the 580-megawatt Pirkey Plant in Hallsville and will …

Continue reading »