The U.S. Fish and Wildlife Department stands accused in a lawsuit of failing to finalize proposed protections for the lesser prairie chicken that exists throughout the Southwest and in Oklahoma. But some of those protections are opposed by the oil and gas industry in New Mexico which argues there could be potential economic harm …
More energy headlines
** Bloomberg reported this week that, based on data it had compiled, the collective profits of Exxon, Chevron, Shell, BP, and TotalEnergies for the last quarter would come in at $50.7 billion. This is palpably lower than the record $62 billion the five supermajors reported for the second quarter—drawing the ire of politicians—but it is still a large number …
Strike remains a possibility after second rail union rejects contract agreement
Another railroad union has rejected a deal with major U.S. freight railroads, raising the specter that a nationwide rail strike remains a possibility in December. The Brotherhood of Railroad Signalmen reported nearly 61% of its members voted against the five-year contract, becoming the second rail union to turn down the deal more than a …
Congresswoman Bice joins movement in blaming Biden for nation’s energy crisis
Oklahoma Congresswoman Stephanie Bice is the latest of Oklahoma’s congressional delegation to blame President Biden for the energy crisis in this country. In a column released this week, the Republican Representative said very much like Sen. James Lankford wrote earlier in the week, that the country’s energy power all changed the first day Biden …
Biden now considers steps to avoid lower diesel fuel reserves
Even as the White House continues drawing oil from the nation’s Strategic Petroleum Reserve, there is growing speculation the Biden administration might take even more drastic steps in considering the U.S. reserve of diesel fuel. Such things as curbs on exports or requiring private companies to maintain their own minimum inventory levels according to …
Oklahoma regulators to meet Thursday morning
The Oklahoma Corporation Commission will hold a regular meeting Thursday at the Jim Thorpe building. The meeting will begin at 9:30 a.m. and items to be considered include the daily signing docket and the 24-hour signing agenda docket. The Commission’s agenda indicated there will also be a report from Mary Candler, Interim Director of …
Increased oil exports sent prices up along with OK energy stocks
Record U.S. crude exports resulted in a 3% gain in crude oil prices on Wednesday and gains for Oklahoma energy stocks including one firm with a more than 11% increase. The gains came after it was announced that U.S. refiners had operated at higher-than-usual levels for this time of year reported Reuters. West Texas …
More than $26 million in EPA grants will help 18 school districts buy electric school buses
At least 18 school districts in Oklahoma were among nearly 400 nationwide that received more than $26 million in grants under the Biden Administration’s nearly $1 billion Clean School Bus rebate competition. Vice President Kamala Harris and EPA Administrator Michael S. Regan announced the recipients during a ceremony on Wednesday. The grants will help school …
Most U-S homes with solar panels are in the Northeast and West
A report by the US. Energy Information Administration shows that most of the U.S. homes with solar panels are on the country’s East and West coasts. In 2020, 3.7% of U.S. single-family homes, including mobile homes, generated electricity from small-scale solar systems (solar panels installed on a home or building), according to our 2020 Residential …
Will earnings success continue for NGL Energy Partners?
NGL Energy Partners LP announced that NGL plans to issue its fiscal second quarter ended September 30, 2022 earnings press release post-market close on Wednesday, November 9, 2022. The members of NGL’s management team in Tulsa intend to host an earnings call following this release on Wednesday, November 9, 2022 at 4:00 pm CT …
