Sen Lankford challenges Energy Secretary over spending

CLICK HERE to download Lankford’s Q&A from Box. CLICK HERE to watch Lankford’s Q&A on YouTube.   While the Biden administration pushes for more and more federal spending, Oklahoma U.S. Sen. James Lankford tried to rein in some of the spending during a congressional committee hearing this week with Energy Secretary Jennifer Granholm. It came during a …

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Rep. Mullin cautions giving away US intellectual properties

  Oklahoma Congressman Markwayne Mullin (OK-02) participated in a House Energy and Commerce Health Subcommittee hearing Tuesday on enhancing vaccine access. Mullin praised the success of Operation Warp Speed and expressed concern about the Biden Administration’s efforts to give away intellectual property, putting U.S. national security at risk. “I hope the Biden Administration rethinks their …

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Federal judge sides with Oklahoma—blocks Biden from pausing oil and gas lease auctions

  A lawsuit filed by Oklahoma, Louisiana and 11 other states against President Biden’s pause on new oil and gas leases on federal lands and waters prompted a Louisiana federal Judge on Tuesday to freeze the President’s actions. The judge also ordered the government to resume the auctions of the leases. Oklahoma Solicitor General Mithun …

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Energy news in brief

** The U.S. Department of Agriculture (USDA) will give $700 million in aid to biofuels producers as part of a package to assist industries recovering from the financial devastation of the coronavirus pandemic, officials said on Tuesday. ** An encampment in northern Minnesota disbands after eight days of protesting the Line 3 replacement and expansion.  ** Saudi Arabia is …

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Enverus expands operations with title company acquisition

  Based in Austin, Texas, Enverus, the leading global energy data analytics and SaaS technology company, announced Wednesday that it has acquired Integrity Title Company, the largest provider of title plant access in Texas and New Mexico, and premier land and real estate verification company. Enverus plans to integrate Integrity Title’s technology into a unique-to-market source …

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New Mexico about to become No. 2 oil producing state

  Despite increased oil output in April, North Dakota is in danger of losing its status as the nation’s second largest oil producer to Oklahoma’s neighboring state of New Mexico. North Dakota has been the number 2 producer since 2012 after the shale oil boom.   “New Mexico is coming on like gangbusters,” stated one …

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Devon Energy eyeing Shell’s Permian Basin holdings?

  Oklahoma City’s Devon Energy is reported to be among a handful  of oil and gas companies interested in pursuing the acquisition of Royal Dutch Shell’s holdings in the Permian Basin as the European Giant considers unloading its operations there. Reuters included Devon in its list of those firms that might be interesting in buying …

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Why is Texas facing energy shortages again?

  This week’s heat wave in Texas and resulting request by the electric grid operators for customers to conserve their electricity also raised questions about the state’s reliability on wind energy. Fox Business News reported that some Texas leaders were skeptical of a lack of any regulation for the renewable power source’s reliability and how …

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Another ozone alert day for Wednesday in Oklahoma

  The Oklahoma Department of Environmental Quality is issuing an ozone alert for the Oklahoma City, Tulsa, and Lawton metropolitan areas for Wednesday, June 16, 2021. This alert will initiate the issuance of an “Ozone Alert Day” for the Oklahoma City area by the Association of Central Oklahoma Governments, an “Ozone Alert Day” for the Tulsa area …

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$72 a barrel oil recorded in the US

  Crude oil prices managed a big jump in Tuesday’s trading as they settled higher than $72 a barrel in the US and nearly $74 a barrel overseas and reached their highest prices since October 2018. West Texas Intermediate crude for July delivery rose $1.24 to finish the day at $72.12 a barrel. Global benchmark …

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