New Mexico Gov. Michelle Lujan Grisham went before a Congressional committee this week to talk about climate change, boasting of her state’s efforts to reduce air pollution from fossil fuel production. She used the appearance to urge other states to follow New Mexico’s steps at carbon reductions in the state’s energy sector. “New Mexico …
Continental shares slipped Wednesday following Hamm’s takeover offer
A day after Harold Hamm offered to take Continental Resources private with a takeover bid of $70 a share, prices of the Oklahoma City oil and gas company he founded in 1967 dropped more than 3.5% in trading on Wednesday. Hours after Hamm’s offer became public on Tuesday, shares rose 15% and closed at …
Crude oil takes 3% fall after Fed increases interest rates
After starting out the week in a weak posture, crude oil prices dropped more than 2% Wednesday following the move by the Federal Reserve to hike interest rates by three-quarters of a percentage point. West Texas Intermediate crude actually fell 3.04% or $3.62 to settle at $115.31 a barrel on the New York Mercantile …
Slow decline in crude oil storage at Cushing
The amount of crude oil in storage at the Cushing hub in Oklahoma continues to see a slow decline while nationally, the amount rose by 2 million barrels. The latest report from the U.S. Energy Information Administration put the amount at 22.6 million barrels in Cushing or 800,000 barrels less than one week earlier. …
Texas creates highway EV charging station plan
Texas has gone public with its proposed plan for electric vehicle charging stations to be installed across the state. The draft plan for the installation of electric vehicle (EV) charging stations was released by the Texas Department of Transportation which now is seeking public feedback before submitting it to the federal government according to KCBD TV. …
NASA pilots soar over Kansas in thunderstorm study
From 13 miles above the wheat fields and plains of Kansas, NASA pilots are carrying out a study to determine whether summertime thunderstorms contribute to climate change. It’s part of the Dynamics and Chemistry of the Summer Stratosphere research project involving 50 scientists from eight universities and four NASA labs from across the country—all …
Oklahoma House kills effort to suspend state gas tax
A move by Tulsa Democrat Melissa Provenzano in the Oklahoma House to suspend the state gasoline tax was killed during the special legislative session. House Bill 1008XXX amendment would have suspended the tax until at least 2023, and according to Rep. Provenzano, would have saved consumers 19 cents a gallon. “This amendment provides …
Congressmen cite frustration of Americans with Biden’s economy
Oklahoma Congressman Kevin Hern and Indiana Rep. Jim Banks cited the economic impact on the energy industry by the Biden administration in an op-ed piece this week in the Washington Examiner. Making a case for the GOP budget unveiled this week, the two pointed to how their constituents watched Biden kill their energy jobs …
AGs fight added bureaucracy in pipeline reviews
Oklahoma Attorney General John O’Connor and 20 other attorneys general have joined efforts to urge the U.S. Army Corps of Engineers not to add more requirements on pipeline project reviews and hamper efforts to fight record-setting gas prices. O’Connor and the other attorneys general sent a letter to the U.S. Army Corps of Engineers objecting to its proposed review …
EPA probes coal ash ponds in Oklahoma and other states
A report indicates the Environmental Protection Agency is investigating closure plans for more than 160 unlined coal ash ponds nationwide including at least two in Oklahoma. E&E News revealed the EPA list showing the Oklahoma facilities include a bottom ash impoundment at the Western Farmers electric Cooperative plant near Hugo and a bottom ash pond at …
