Oklahoma City’s Continental Resources, the biggest oil driller in the state of North Dakota announced Wednesday plans to commit $250 million to fund a pipeline to gather carbon dioxide produced by ethanol plants. It is the company’s first venture into the growing world of carbon capture projects and will create the largest carbon capture and …
New leader takes over a New Mexico Oil and Gas Association
Nearly a year after the executive director of the New Mexico Oil and Gas Association abruptly stepped down, a replacement was named this week. Doug Ackerman most recently was the chief executive officer at the nonprofit Dairy Alliance and will take over his new duties immediately this week reported the Santa Fe New Mexican. …
Attorney General won’t intervene in OGE bond rate protests
Oklahoma Attorney General John O’Connor has decided he will not take part in the more than $800 million bond case before the state supreme court involving OG&E’s attempt to recover 2021 winter storm costs. In a filing this week, the attorney general notified the court he would not intervene after the justices last month …
Headlines of other energy stories
** The Biden administration on Monday declined to appeal a January court decision that invalidated oil and gas leases it sold last year. In a new court filing, the administration said it would not appeal the ruling. ** Duke Energy Carolinas will close a small peaker unit at its W.S. Lee plant in South Carolina on March 31, more than …
Gov. Stitt urges Biden to stop buying oil from Russia
Governor Kevin Stitt heavily criticized President Biden this week for not including oil and gas export sanctions against Russia and at the same time told the President he was in his prayers in making difficult decisions over the war in Ukraine. He sent a letter to the White House before the State of the Union …
US crude oil tops $103 amidst growing concerns over Russian war
Crude oil prices in the U.S. surged more than 8% in Tuesday’s trading, hitting their highest mark in years as Russian soldiers continued their slow march across Ukraine leaving a wake of destruction and death. West Texas Intermediate crude shot up $7.69 or 8% and settled at $103.41 a barrel in trading on the …
Biden’s LNG rail ban proposal opposed by Oklahoma Attorney General
Attorney General John O’Connor is joining a coalition of 25 states, led by Louisiana Attorney General Jeff Landry, in opposition to President Biden’s proposed rule to the Pipeline and Hazardous Materials Safety Administration (PHMSA) that would prohibit liquefied natural gas (LNG) from being transported by rail car in the United States. The coalition …
Rep Cole—Wake up America!
In another critical response to President Biden’s handling of the impact of Russia’s war with Ukraine, Oklahoma congressman Tom Cole is urging the President to reverse his anti-American energy policies. He says America is asleep at the wheel over the Russian invasion of the European country. The Republican Representative said Biden has the ability …
Oklahoma offers $15 million incentive to EV maker
A report by The Frontier indicates the state of Oklahoma is committing $15 million to EV manufacturer Canoo in its construction of its new plant near Pryor. The website says the commitment is part of a nearly $300 million incentive package to attract thousands of new tech and manufacturing jobs to the state. Click …
Devon leader puzzled over White House inaction
“I’m a little mystified that there hasn’t been some dialogue.” In a frank discussion about energy, inflation and rising crude oil and gasoline prices, Devon Energy leader Rick Muncrief admits he is puzzled the White House hasn’t reached out to the oil and gas industry rather than vilifying it. In an interview this week in …
