** San Antonio’s municipal electric utility sues 16 natural gas companies over high prices during last month’s winter storm, which in one case included a 15,000% price increase. ** Sens. Marco Rubio (R-Fla.) and Jeff Merkley (D-Ore.) are calling for answers from the Solar Energy Industries Association on the link between the U.S. solar supply chain and the alleged human rights abuses …
Devon Energy part of virtual meeting with White House officials
Oklahoma City’s Devon Energy was among the major oil companies that met virtually this week with Gina McCarthy, President Biden’s senior domestic climate official who claimed the Biden administration is not at war with the oil and gas industry. The meeting included CEOs and top officials from other companies such as Chevron, Exxon, Occident and …
OKC’s Circle K stores bought by Casey’s General Stores
In a $39 million deal, Casey’s General Stores is buying all 49 Circle K stores in Oklahoma City. Casey’s, based in Iowa has eight existing stores in the metro area and one each in Perkins and Seminole. The Oklahoman reported the purchase is set to close July 31. Click here for The Oklahoman report.
First lawsuits in Texas are filed over storm gas costs
The first lawsuits protesting exorbitant gas prices during February’s historic deep freeze in Texas have begun. Bloomberg reported that CPS Energy, a Texas utility, is suing energy giants including BP Energy Co., Chevron Corp. and Energy Transfer. CPS supplies over 1.1 million customers in the San Antonio area with power and gas, and is …
Energy companies start their own COVID-19 vaccination programs
As Oklahoma and other states open up their COVID-19 vaccine eligibility to all persons 16 and older, some U.S. energy companies joined the movement by creating employee vaccination programs. Reuters reported that some firms have set up on-site clinics to offer their employees time off to get the shot. Click here for Reuters report.
Dems suddenly quiet over battery plant
The politics of a battery plant in Georgia where 2,600 jobs are at stake are coming home to roost for the Democrats who campaigned on climate change and the need for development of electric vehicles. With the possibility that Georgia could lose the thousands of jobs, Democrats are suddenly quiet as reported by HuffPost. …
Crude oil prices hit with 6% fall–energy stocks did the same
The thud you just heard was oil prices dropping in Tuesday’s trading as U.S. crude oil sank 6.2% on a nearly $4 fall. Energy companies also suffered from the steep drop in the price of crude oil. West Texas Intermediate crude for May delivery fell $3.79 to $57.26 a barrel in trading on the …
PSO announces safety partnership with National Theatre for Children
Public Service Company of Oklahoma announced it has partnered with The National Theatre for Children to educate students and their families about electrical safety in their communities. This spring, beginning on April 12, the Captain Wattage e-learning livestreamed program will be made available to K-5 audiences Oklahoma. The Captain Wattage livestream event features a …
Cypress Environmental awaits effects of Biden’s climate change efforts
One Oklahoma energy company that could be affected by the Biden administration’s climate change efforts and those targeting the oil and gas industry is Tulsa-based Cypress Environmental Partners. The firm took note of those efforts in its recent filing of its 10-K or annual report with the Securities and Exchange Commission. ” To the …
2020 oil and gas production was a record in New Mexico
Despite the COVID-19 pandemic in 2020, the year turned out to be a record year of oil and natural gas production in New Mexico. Home to part of the Permian Basin, the state produced 366 million barrels of oil and 1.94 million MCF of natural gas. The New Mexico Oil and Gas Association reported …
