** The American Petroleum Institute filed a notice of appeal this week with the U.S. Court of Appeals for the D.C. Circuit of the court’s decision invalidating the results of the Mexico Gulf sale, the only federal lease sale for natural gas and oil held in 2021.
** Whiting Petroleum Corporation in Denver announced that it has entered into two separate definitive agreements totaling $273 million to acquire non-operated oil and gas assets in the Williston Basin of Mountrail County, North Dakota.
** Elon Musk’s SpaceX said it lost up to 40 of the 49 Starlink satellites that it launched Thursday because of a geomagnetic storm. The satellites will burn up in the Earth’s atmosphere but won’t produce orbital debris, SpaceX said.
** The Biden administration is in talks with both oil-producing and consuming countries to tackle high oil prices, White House spokeswoman Jen Psaki said on Tuesday, adding that all options are on the table.
** On Tuesday, a group of 310 environmental justice, climate change and public health advocacy organizations sent a petition to Secretary of the Interior Deb Haaland calling on the department to halt all sales of new leases for fossil fuel development.
** Nearly $725 million in federal funding is available this fiscal year to 22 states and the Navajo Nation for the reclamation of abandoned coal mines and cleanup of acid mine drainage, the U.S. Department of the Interior announced Monday.
** Two Senate Democrats up for reelection introduced a bill on Wednesday to temporarily suspend the federal gas tax through the end of 2022, as millions of Americans grapple with the economic impacts of surging oil prices. The Gas Prices Relief Act from Sens. Maggie Hassan, D-N.H., and Mark Kelly, D-Ariz., would suspend the $18.4 cents per gallon federal gas tax through Jan. 1, 2023, according to a summary of the proposal shared with ABC News.
World
** Canadian crude inventories are dwindling as oil-sands producers prepare to shut some operations for maintenance, potentially adding to U.S. supply woes.
** Spanish oil major Repsol SA is considering putting some of its Canadian assets for sale later this year as it looks to reap the benefits of higher oil and gas prices, four sources told Reuters on Monday.