Beginning in December, New Mexico will have a rule in place requiring oil and gas drillers and those building pipelines or roads, to carry out archaeological or cultural surveys. The New Mexico State Land Office finalized the rule that takes effect Dec. 1, 2022 Land Commissioner Stephanie Garcia Richard said the new regulation will …
October 20, 2022 archive
Dividend declared by ONEOK
Investors in ONEOK, Inc. are getting another dividend. The board of directors of the company declared a quarterly dividend of 93.5 cents per share. The amount is unchanged from the previous quarter and results in an annualized dividend of $3.74 per share. In making the announcement, ONEOK officials explained the dividend will be payable …
Another slight increase of crude in storage at Cushing hub
With the nation’s Strategic Petroleum Reserve at its lowest level since 1984, following the President’s continued sale of oil in order to lower gasoline prices and attract support for Democrats ahead of the upcoming elections, crude oil held in storage at Oklahoma’s Cushing hub increased slightly in …
Rep. Mullin and others tell Biden again–his energy policies aren’t working
U.S. House Republicans, including Congressman Markwayne Mullin of Oklahoma sent yet another letter to President Biden urging him to reverse his anti-American energy policies. In a letter telling the President his energy policies aren’t working, Mullin along with Rep. Steve Scalise of Louisiana and HEAT Co-Chair Rep Jeff Duncan of South Carolina, stated he …
Missouri school closed because of radiation contamination
A school in a St. Louis, Missouri suburb is being closed after an independent report found it to be contaminated with radioactive waste. The Jana Elementary school in Florissant will be closed upon a decision of the Hazelwood School District reported the St. Louis Post-Dispatch. Click here for Post-Dispatch
Tesla to build lithium refinery on Texas Gulf Coast
Tesla is expanding operations in Texas. This time, Elon Musk, the Chief Executive Officer of the EV manufacturer confirmed he has plans to build a lithium refinery on the Texas Gulf Coast. It is a bid to gain more control over the supply chain for electric vehicle batteries reported Bloomberg. Click here for Bloomberg
More headlines of other energy stories
** In announcing yet another release of oil from the nation’s Strategic Petroleum Reserve, President Biden rejected criticism that the release politically motivated as the White House aims to bring down gas prices with just a few weeks until the midterm elections. “It’s not politically motivated at all,” Biden told reporters. ** An Inflation Reduction Act provision that …
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