Lower oil demand predictions by OPEC and the International Energy Agency combined with coronavirus impact resulted in Chesapeake Energy Corp. shares dropping Thursday in trading by 2.80% and below the 50-cent a share mark for the first time in 26 years. It came after the International Energy Agency’s oil demand assessment was released. The IEA …
** The head of the American Wind Energy Association says a Missouri bill to block the Grain Belt Express transmission project would cost the state jobs and access to cheap clean energy. ** Activists gather outside of DTE Energy’s headquarters in Detroit to protest the utility’s long-term energy plan. ** The Association of Big Ten Students, which represents more than …
Just a few weeks after Democrat U.S. Sen. and presidential hopeful Bernie Sanders introduced a bill to bank fracking, a similar measure has been introduced in the House. And it came from none-other than one of his companions on the campaign trail, Green advocate Rep. Alexandria Ocasio-Cortez. She and Rep. Darren Soto, a Democrat …
Oklahoma Congressman Frank Lucas had some pointed climate questions during a House Committee hearing featuring Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System. Powell went before the House Committee on Financial Services to discuss monetary policy and the state of the economy. That’s when Rep. Lucas, the ranking member of …
Oklahoma’s U.S. House delegation split its vote this week when the House approved a package of wilderness bills that would protect more than one million acres of public land across three states. The measure, H.R. 2546 passed on a 231-183 vote. While the six-bill package picked up support from six Republicans, Oklahoma Republican Representatives Tom …
The slumping oil and gas industry in Oklahoma played a role in less-than-stellar general revenue fund collections in January. Oil collections were higher than a year ago, but not natural gas. “Oklahoma is on track with the year-to-date figures, but we continue to see softness in the energy sector,” said Steven Harpe, director of the …
A central Nebraska county has adopted regulations covering solar energy installations. Buffalo County’s board of commissioners approved the rules this week according to the Kearney Hub. Joe Johnson, the citizen who spoke out in September when the county board considered approving a proposal by Hoffmeister, was thanked for his input on the new regulations. “I …
A joint venture on a pipeline from Cushing to Texas is extending its period to find commercial support for a capacity expansion. Houston’s Seaway Crude Pipeline Co. is a joint venture between Enterprise Products Partners LP and Canadian-based Enbridge Inc. They are looking for customers to fill space on the 200,000 barrel-a-day capacity expansion project …
Congressman Dan Crenshaw (TX-02) today introduced legislation to boost carbon capture at natural gas power plants. The New Energy Frontiers Through Carbon Innovation Act will promote research and development for carbon capture technology, and establish a “Carbon Innovation Hub” to achieve an environmental moonshot: turning CO2 and other greenhouse gasses into valuable commodities. “It’s time to …
A required filing with the Securities and Exchange Commission shows nearly 12 percent of ONEOK’s shares are controlled by the Pennsylvania-based Vanguard Group and nearly the same amount in Devon Energy. This week’s filing indicated Vanguard Group controls 48,142,499 beneficially owned shares in ONEOK or 11.65%. The Malvern, Pennsylvania company has 47,356,551 shares in sole …
