Texas leaders are standing up to financial firms that have either divested from oil and gas companies or are urging others to do the same. The Texas Tribune reported that State Comptroller Glenn Hegar notified 19 firms this week they could be violating a new Texas law prohibiting companies from “boycotting” fossil fuel companies. …
March 17, 2022 archive
Arkansas strips investments out of BlackRock over energy stance
In disagreement over the environmental politics of BlackRock, one of the world’s largest asset managers, the state of Arkansas removed $125 million out of money market accounts managed by the New York City-based firm. The Arkansas Democrat-Gazette reported the action was taken by Arkansas State Treasurer Dennis Milligan who disagreed with BlackRock’s new climate-friendly …
Other headlines
** A near record number of liquefied natural gas (LNG) tankers on Wednesday continued to jam the U.S. Gulf of Mexico while loading or waiting to load, according to data from Refinitiv Eikon. About 27 ships were on the way or near LNG terminals along the U.S. Gulf Coast on Wednesday, according to the data. ** Senate Majority …
Western Oklahoma officials indicted in embezzlement scheme of Power District
Multi-County grand jury indictments have been returned against four people, including two county commissioners on charges of embezzling $2 million from the Circuit Engineering District 7 in western Oklahoma. Non-Doc reported the indictments are against Kiowa County Commissioner Tim Binghorn who is president of the district, Tilliman County Commissioner Joe John Dickey who is …
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