** The Biden administration on Tuesday announced that it was undertaking a 10-year strategy aimed at reducing harm caused by wildfires, using some funds from the bipartisan infrastructure bill. ** Production delays from Rivian and other electric van manufacturers continue to slow Amazon’s pledge to replace its fossil fuel-run delivery fleet. ** Volvo’s electric tractor-trailer trucks, produced at a …
Another jump in crude oil prices but not for most Oklahoma energy stocks
Crude oil prices jumped in Tuesday’s trading following the Martin Luther King holiday on Monday, largely due to growing concerns about the tense situation between Ukraine and Russia. But it didn’t carry over to trading of Oklahoma energy stocks. West Texas Intermediate crude for February delivery rose $1.61 to $85.43 a barrel in trading …
More legal challenges to OGE’s Supreme Court bond request
Another former legislator is one of three more challengers to the use of state-backed bonds to secure the February 2021 winter storm costs of $739 million by Oklahoma Gas and Electric. Former Rep. Porter H. Davis of Oklahoma City filed his challenge on Monday, arguing the use of ratepayer-backed bonds was an amendment to …
Technical conference scheduled for prorationing of some Oklahoma wells
The matter of prorationing of unallocated gas wells in Oklahoma will be back before regulators on Wednesday. The Oil and Gas Conservation Division will meet to hold a technical conference on the issue. The meeting will be at 9:30 a.m. in the Corporation Commission’s main courtroom of the Jim Thorpe Office Building. Commissioners might …
Federal pipeline agency moves to cut methane emissions
The first-ever restrictions on methane emissions from pipelines is being launched by the Pipeline and Hazardous Materials Safety Administration. E&E News reports the move is a significant shift for the agency that historically has been focused on safety and oil spills. Click here for E&E News.
Busy energy week for Oklahoma’s U.S. House members
Oklahoma U.S. Reps. Frank Lucas, Markwayne Mullin and Stephanie Bice will be busy this week with House Committee hearings dealing with such energy topics as nuclear research investment and abandoned well clean up research. The three are members of the House Science Committee and the House Energy and Commerce Committee. Lucas is the ranking …
Kinder Morgan decides against building Texas to California pipeline
Because major refinery operators Valero Energy Corp. and Tesoro Corp prefer to continue getting crude oil delivered by rail, Kinder Morgan Energy Partners LP has canceled a proposed pipeline to carry Texas crude oil to California. The Dallas company said it shelved the $2 billion line that could have carried 277,000 barrels of oil …
Inhofe stresses importance of improving lakes and flood control systems
Oklahoma U.S. Sen. Jim Inhofe used a recent Senate hearing to focus on strengthening flood levees around Tulsa and improving the the McClellan Kerr Arkansas River Navigation System in eastern Oklahoma. He spoke out during a Senate Environment and Public Works Committee hearing on the Water Resource Development Act Oversight: USACE Implementation of Water Infrastructure Projects, …
North Dakota loses bid to force government oil lease sales
A Federal judge has thrown out North Dakota’s lawsuit to force the U.S. government to hold oil lease sales on federal lands, explaining the Interior Department is already planning to reopen leases. The ruling by U.S. District Judge Daniel Traynor in Bismarck was on a lawsuit prompted by President Biden’s moratorium on lease sales reported …
Congressman mocks Pelosi’s Transportation Committee choice
Sometimes things are too bizarre to ignore, such as the posting of a video by Kentucky Congressman Thomas Massie who captured Democrat Eleanor Holmes of the District of Columbia trying to park her car on capitol hill. Massie, a Republican tried to use the video as a reason why Holmes, who is 84 should …
