During a House subcommittee hearing this week, Oklahoma Congressman Markwayne Mullin highlighted the role nuclear power plays in reducing carbon emissions across the country and warned the U.S. is headed down the same damaging steps taken by Europe. He also questioned the ability of the U.S. to achieve net zero emissions in its electricity …
Northern Oil and Gas based in Minneapolis, Minnesota says it has acquired Permian Basin assets of Veritas Energy, LLC in far West Texas and Southeast New Mexico. The $408.6 million deal involves non-operated oil and gas properties in the Delaware and Midland Basins including some assets operated by Oklahoma-based Devon Energy. Northern said the …
Nine months after the historic February winter storm left Oklahoma, Texas and other states frozen in the Midwest, U.S. power regulators issued their final report on the great freeze. Their recommendation? Electric grids should do more to strengthen cold weather rules and coordinate with the natural gas industry so the nation doesn’t experience the …
A Trump administration rule that would have allowed railroads to haul liquefied natural gas is targeted by federal regulators who want to suspend it. The Associated Press reports the rule had already been on hold over lawsuits filed by 14 states and environmental groups. Click here for AP story.
completions: none were processed today
permits: none were processed today
Tuesday’s trading of crude oil brought a reversal of prices for US and Brent crude. US prices slipped and Brent rose–just the opposite of what happened on Monday. West Texas Intermediate crude for December delivery dropped 12 cents to $80.76 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude …
Oklahoma U.S. Sen. James Lankford used a Senate Energy Committee hearing Tuesday to criticize the Biden administration’s move to get rid of traditional energy in the U.S. His questions were directed primarily at Stephen Nalley, Acting Administrator for the U.S. Energy Information Administration as well as Tim Gould, Chief Energy Economist at the …
** The company behind last month’s southern California oil spill is facing a U.S. Justice Department probe, seven other investigations, and at least 14 lawsuits; financial filings suggest it may not be able to cover cleanup costs. ** Rivian shares continued to soar Monday, putting the stock more than 85% above its IPO price. It hasn’t even been …
The AARP in Oklahoma is objecting to recent recommendations by regulatory judges in support of a $172 million rate hike for Public Service Company of Oklahoma and a move by OG&E to pass along $739 million in winter fuel costs to consumers. The organization says both actions, if eventually approved by Oklahoma Corporation …
