Efforts by Weld County in Colorado, the state’s most prolific oil and gas producer, to delay steps to reduce pollution on Colorado’s Front Range were turned aside this week by a federal appeals court. Weld County had requested the court to pause the EPA’s decision that required all of the northern county to strengthen …
March 2022 archive
Slight decrease seen in Oklahoma gasoline prices
The drop in crude oil prices to under $100 a barrel resulted in slightly lower gasoline prices across Oklahoma and most of the U.S. The national average as of Thursday fell three cents over the past week to $4.28 while in Oklahoma the average dropped the same amount to $3.82 according to the American …
Shareholders meeting set for Williams
Williams in Tulsa is getting ready for its annual shareholders meeting set to be held late in April. In a proxy statement filing with the Securities and Exchange Commission, the company said the meeting will be “virtual” and not in person at 2 p.m. Central Daylight Time on April 26. Three main issues will …
Corporation Commission to begin electronic filing March 21
No doubt, there is a lot of celebration happening this week by energy companies in Oklahoma as state regulators are about to launch an electronic filing system in the state. Or at least by their attorneys. The Corporation Commission plans to begin the ECF on Monday, March 21 and is asking companies that file cases …
ONE Gas in search of more investors
ONE Gas, Inc. executives say they will participate in the Sidoti Spring Small Cap Conference, which will be held virtually on Wednesday, March 23, 2022. Robert S. McAnnally, president and chief executive officer, Caron Lawhorn, senior vice president and chief financial officer, and Curtis Dinan, senior vice president and chief operating officer, will …
Biden’s social cost of carbon plan revived by Appeals Court
A federal judge’s injunction against the Biden administration’s social cost of carbon was stayed this week by the 5th Circuit Court of Appeals in New Orleans. The decision allows the government to reinstate its metric used to measure the climate impacts of rulemakings and projects reported POLITICO. The original ruling came in a lawsuit …
Texas fires warning to firms over anti-oil and gas investments
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. …
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 …