Environmentalists and faith leaders in Kansas contend TC Energy has not been transparent about its Keystone pipeline spill in December that dumped 55,000 barrels of oil into a creek. They held a vigil this week at the state capitol in Topeka to call attention to their charges before state legislators reported the Kansas Reflector. …
Rep. Cole—Biden is to blame for country’s energy crisis
Congressman Tom Cole says it’s time the country had a plan and act on it to reverse the damage President Biden has done to the nation’s energy security by draining the Strategic Petroleum Reserve to its lowest level in 40 years. Writing this week, the Oklahoma Representative declared, “The Biden Administration’s ongoing war on …
EIA forecasts Henry Hub natural gas prices to be 47% lower this year
If the federal government forecast is accurate, natural gas prices at the Henry Hub in Louisiana will drop nearly half of what they were in 2022. All because of a warm winter. The forecast from the U.S. Energy Information Administration predicts natural gas prices at the Hub will average at $3.40 per million British …
State Senator wants renewable energy land leases unitized to be more equitable
A bill before the Oklahoma legislature would unitize wind and solar farm leases much the way unitization is implemented for oil and gas production. It might result in changes to the way Oklahoma landowners are paid for such renewable energy leases. SB770 was filed by Oklahoma City Democratic Sen. Carri Hicks and if approved, …
Basket of broadband expansion bills to be handled by Oklahoma legislators
The effort to expand broadband service in Oklahoma has the attention of state legislators as they are set to consider at least 10 bills directly related to broadband expansion in the state. The bills include HB1965 filed by Rep. Carl Newton of Cherokee. His bill would allow existing electric provider easements to also be …
Money-raising effort by Canoo results in dropping share prices
An announcement by electric vehicle startup Canoo, the company with a plant in Pryor and plans for another in Oklahoma City, that it agreed to sell discounted shares to raise $52.5 million sent shares sharply lower on Monday and again on Tuesday. Prices closed at $1.09 on Monday, down more than 12%. This was …
Colorado Governor to state agencies—do something about high utility bills
The same soaring prices for natural gas and fuels that resulted in challenging utility bills in Oklahoma prompted one governor to order a state agency to do something about it. While those same increased bills and assistance were not mentioned in Oklahoma Governor Kevin Stitt’s State of the State Address on Monday, Colorado Gov. …
Federal highway grant to help reduce traffic fatalities in OKC
With the help of a new $800,000 grant from the U.S. Department of Transportation, Oklahoma City will focus on the reduction of fatalities on city streets. KOKH Fox 25 News reports the grant is part of the DOT’s bipartisan safe streets and roads for all program. Click here for Fox 25 News
Rep. Lucas acts to stop new WOTUS rule
Oklahoma congressman Frank Lucas has put his opposition to new WOTUS rules into action by introducing a joint resolution of disapproval under the Congressional Review Act (CRA) on the Biden Administration’s “Waters of the United States” (WOTUS) rule. The western Oklahoma farmer and rancher joined other leaders in the House this week in taking the …
NOG announced increased dividend despite impact of December severe weather
Despite severe weather problems in the fourth quarter, Northern Oil and Gas, Inc. announced a cash dividend in the amount of 34 cents per share, a 13% increase from the previous quarter. The increased dividend will be payable on April 28. At the same time, company management indicated it will submit a recommendation to …
