December 5, 2022 archive

OK energy stocks tumble along with crude oil prices

  Another drop in crude oil prices. Oklahoma energy stocks slump too. Crude suffered a 3% fall Monday after U.S. stock markets turned lower and worries grew that the Federal Reserve might implement still more aggressive steps in controlling inflation. West Texas Intermediate crude for delivery in January dropped $3.05 per barrel to close at …

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Oklahoma congressman announces committee appointments

  Republican Study Committee Chairman-Elect Kevin Hern announced his senior leadership hires for the 118th Congress. Hern’s tenure as Chairman of the largest caucus on Capitol Hill begins on January 3, 2023. Jay Fields will serve as the Executive Director. Fields worked on the policy team of RSC under multiple chairmen, most recently serving as Policy Director …

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Oklahoma regulators rush to meet well plugging funding requirements

  Oklahoma is in a race to sign contracts before the end of the year with regards to the $25 million the state received in August from the U.S. Department of Interior for the plugging of abandoned oil wells. Corporation Commissioners were updated Monday and told the contracting has been delayed because of necessary steps …

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Other energy headlines

** JetBlue and Fidelis New Energy, LLC  announced a memorandum of understanding (MOU) to provide JetBlue at least 92 million gallons of blended sustainable aviation fuel from Fidelis’ Grön Fuels GigaSystem™ at the Port of Greater Baton Rouge in Louisiana. This SAF is expected to be delivered over the five-year term with a targeted start …

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Texas organization takes on wind industry

  An oil and gas group based in Austin, Texas is making a national name for itself, fighting wind farms off the east coast of the U.S. and planned wind mills in the Gulf of Mexico. The Texas Public Policy Foundation, backed by oil and gas companies and Republican donors is behind efforts to stall …

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