January 16, 2023 archive

Completion reports for January 16, 2023

completions: none were processed today

Permits to drill for January 16, 2023

permits: none were processed today

Crude oil prices take a dip on MLK Holiday

  The stock market was closed on Monday because of the Martin Luther King Holiday but trading continued for crude oil. Crude prices fell as easing COVID restrictions in China resulted in higher hopes of an oil demand recovery around the globe. Global benchmark Brent crude for March delivery dropped $1.08 a barrel or 1.3% …

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** The U.S. Energy Department is loaning $700 million to a Nevada lithium mining operation becoming only the second in the U.S. to get support from the Biden administration. ** Alaska Gov. Mike Dunleavy outlined proposed legislation for Alaska to capitalize on carbon markets, seeking to diversify state revenues long heavily reliant on proceeds from oil. …

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Critics of New Mexico’s oil and gas industry won’t turn down its revenue

  The state of New Mexico received so much revenue from increased oil and gas drilling that the governor and legislators proposed a 12% spending increase in the state budget. While Gov. Michelle Lujan Grisham has been a proponent of renewable energy, she also has been quick to take advantage of the money brought in …

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Oklahoma was ahead of the curve in gas stove bans

Nearly 3 years after Oklahoma recognized environmental attacks on the use of natural gas and adopted a law against natural gas bans, headlines are screaming headlines of how the Biden administration wants to adopt a nationwide ban of gas stoves. Consumer Product Safety Commissioner Richard Trumka Jr. went public this month, calling gas stoves a …

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Lucas was against weaponizing federal government against taxpayers

Oklahoma U.S. Rep. Frank Lucas maintains “our government should work for you, not against you.” It’s his explanation why he joined others in the House in recently passing H.R. 23- the Family and Small Business Taxpayer Protection Act and H.Res. 12- Establishing a Select Subcommittee on the Weaponization of the Federal Government as a select investigative subcommittee …

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Is a clean environment a constitutional right?

  New Mexico legislators are being asked to make a clean environment a constitutional right. Two lawmakers filed a resolution to put the issue to a vote of the people in November reported the Albuquerque Journal. “If there’s a state action that fails to take the air, land and water into account, then a citizen …

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Big water bill floors dentist

  There are water bills then there are the water bill a dentist recently received in Fort Smith, Arkansas. When Dr. Darrell Durbrow opened his water bill this month, he was stunned. It totaled nearly $121,000 reported the Fort Smith Times Record. What happened next? Click here for Fort Smith Times Record

Rep. Bice goes after the SEC and its environmental calculations

  Oklahoma Congresswoman Stephanie Bice is taking on those environmental calculations the Biden administration, especially the SEC, favors in its attempts at climate-related disclosures. The Republican Representative from the 5th congressional district introduced the Stop Environmental calculations Act. It is aimed at the U.S. Securities and Exchange Commission and would stop the SEC from requiring …

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