Another effort was announced this week to move more natural gas out of the Permian Shale basin with the announcement by Kinder Morgan. The firm said it planned to expand the Gulf Coast Express pipeline. Click here for Reuters
Crude oil slipped Tuesday while OK energy stocks had another strong showing
While U.S. Senators used a hearing with Canadian officials to point out how the Biden administration intends to buy oil from U.S. enemies rather than from Canada, the Biden administration began easing sanctions on Venezuela. As a result, crude oil prices dropped in Tuesday’s trading. Reports indicated the easing of sanctions is being carried …
Canadian officials tell Senators–Keystone XL was needed
President Biden’s cancellation of the Keystone XL pipeline came up Tuesday during a U.S. Senate hearing that featured Canadian officials who said, yes, the cancellation worsened supply chain issues between the two countries. Sen. James Lankford was among those on the Senate Energy and Resources Committee who took part in the hearing that was …
Sooners are named national champs in geothermal competition
We’re not sure if it includes a banner to hang somewhere on campus, but the OU Sooners are national champs again. The University of Oklahoma won the U.S. Department of Energy 2022 Geothermal Collegiate Competition, an annual event that prepares students to lead the next generation of geothermal energy development. The Sooners Geothermal Team walked off with $10,000 …
Appeals court sets arguments date in Oklahoma lawsuit over social cost of carbon metric
Arguments in the 2021 lawsuit brought by Oklahoma and 12 other states challenging the Biden administration’s social cost of carbon metric will be heard in June before the U.S. Court of Appeals for the 8th Circuit. The court in St. Louis will hear arguments June 16 after a federal judge ruled last year against …
Governors plead for Biden administration to help ailing solar industry
The governors of Kansas, Missouri, Arkansas, Colorado and New Mexico were among 19 governors who voiced their criticism to President Biden this week about the growing government investigation into the Asian solar production market. In a letter to the White House, the governors told the President, “The current market disruption jeopardizes much of the …
Empire Petroleum reports colossal revenue jump in 1Q
A 400% increase in total revenues compared to a year ago was reported in the first quarter 2022 by Empire Petroleum. Revenue from oil, natural gas, and natural gas liquids sales was $13.1 million for the first quarter compared to $2.4 million in the 2021 comparable period according to the quarterly financial report released …
Headlines of energy news in US and World
** The Western Energy Alliance appeared in the U.S. District Court for the District of Wyoming on Friday morning in its lawsuit challenging the Department of the Interior’s failure to hold quarterly onshore oil and natural gas lease sales. The suit, Western Energy Alliance v Biden, was filed in January 2021 after President Biden signed the Executive Order on Climate …
Iowa gas stations to be required to offer E15
The governor of Iowa was expected this week to sign a bill into law establishing an Iowa Renewable Fuels Mandate. Gov. Kim Reynolds supported the bill that would require gas stations to offer E15 from at least one pump by 2026 according to Radio Iowa. Click here for Radio Iowa
Missouri among top 10 nationally for EV charging access
A new report ranked the state of Missouri as 7th highest in the nation for EV charging accessibility. Forbes Advisor made the ranking after learning Missouri has more than 6,700 registered electric vehicles and just less than a thousand available charging stations. Click here for the Fulton Sun
