March 2, 2022 archive

Cole pleads for Biden to embargo Russian energy imports

  Oklahoma congressman Tom Cole was among those pleading this week with the President to immediately embargo all Russian energy exports. He joined Kansas Sens. Jerry Moran and Roger Marshall in sending a letter to the White House in response to Russia’s unprovoked war and invasion of Ukraine. “Energy makes up approximately one-quarter of Russia’s …

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Continental Resources enters carbon capture industry

  Oklahoma City’s Continental Resources, the biggest oil driller in the state of North Dakota announced Wednesday plans to commit $250 million to fund a pipeline to gather carbon dioxide produced by ethanol plants. It is the company’s first venture into the growing world of carbon capture projects and will create the largest carbon capture and …

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New leader takes over a New Mexico Oil and Gas Association

  Nearly a year after the executive director of the New Mexico Oil and Gas Association abruptly stepped down, a replacement was named this week. Doug Ackerman most recently was the chief executive officer at the nonprofit Dairy Alliance and will take over his new duties immediately this week reported the Santa Fe New Mexican. …

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Attorney General won’t intervene in OGE bond rate protests

  Oklahoma Attorney General John O’Connor has decided he will not take part in the more than $800 million bond case before the state supreme court involving OG&E’s attempt to recover 2021 winter storm costs. In a filing this week, the attorney general notified the court he would not intervene after the justices last month …

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Headlines of other energy stories

** The Biden administration on Monday declined to appeal a January court decision that invalidated oil and gas leases it sold last year. In a new court filing, the administration said it would not appeal the ruling. ** Duke Energy Carolinas will close a small peaker unit at its W.S. Lee plant in South Carolina on March 31, more than …

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Gov. Stitt urges Biden to stop buying oil from Russia

Governor Kevin Stitt heavily criticized President Biden this week for not including oil and gas export sanctions against Russia and at the same time told the President he was in his prayers in making difficult decisions over the war in Ukraine. He sent a letter to the White House before the State of the Union …

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