** The U.S. Department of Energy (DOE), in partnership with the National Alliance for Water Innovation (NAWI), announced a $5 million solicitation for small-scale desalination and water-reuse technologies that will improve the safety, security, and affordability of America’s water supply. ** The Department of the Interior is moving to overhaul decades-old rules for oil and gas leasing …
May 26, 2022 archive
Memorial Day gasoline prices highest since 2012, near record levels
Heading into the Memorial Day weekend, the U.S. average retail price of regular gasoline was $4.59 per gallon on May 23, the highest inflation-adjusted price since 2012 and the fourth-highest price on record. The U.S. Energy Information Administration reported that on a nominal basis, it is the all-time highest price for gasoline in …
Big economic impact from one of Oklahoma’s smallest state agencies
Oklahoma Auditor Cindy Byrd makes the case that one of the smallest state agencies receives only a few million dollars in state appropriations yet had an economic impact into the billions of dollars in the state. Writing in her monthly update, Byrd’s Eye View, the auditor pointed to the Oklahoma Aeronautics Commission. “Other than …
Cushing reports slow decline in crude oil stocks
The amount of crude oil stored at the Cushing hub in northern Oklahoma continues to decline falling by nearly 1 million more barrels over a week. The U.S. Energy Information Administration reported that as of May 20, there was a total of 24,778,000 barrels of oil estimated to be in storage at Cushing. It …
Coterra executive sells nearly $2 million in company shares
An executive with Coterra Energy, one of the oil and gas firms with active operations in Oklahoma sold off nearly $2 million in company shares this week. A company filing with the U.S. Securities Exchange Commission revealed the move by Francis Brian Barron, Senior Vice President and General Counsel for Coterra in Houston. On …
Inhofe presses Biden nominee about EPA’s handling of small refinery operations
The President’s nominee to be a top EPA official faced some stiff questioning Wednesday by Oklahoma U.S. Sen. Jim Inhofe about the administration’s energy efforts and how they affect the nation’s supply of aviation fuel. Joseph Goffman, Biden’s nominee to be Assistant Administrator of the Office of Air and Radiation at the EPA went …
Tesla presses Texas with solar power request
Tesla has gone to the Electric Reliability Council of Texas to allow utility customers with solar power to sell excess power back to the state’s grid. The company wants residential owners to be able to participate in the market, including, of course, owners of Tesla’s residential products, like its Powerwall according to a report …