February 8, 2023 archive

GOP-led House committee to tackle ESG financial discrimination

  A U.S. House Committee that includes Oklahoma Congressman Frank Lucas as a member, plans to target banks and financial institutions that promote environmental social and governance-risk factors as part of their investment process. The bills would be similar to Oklahoma’s new Energy Discrimination Elimination Act that took effect late last year and was created …

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Headlines of other stories

** Rep. Alexandria Ocasio-Cortez on Tuesday failed to slow down the House Republican push for new oil and gas leases on federal land after GOP lawmakers shot down her attempt to require further study of the public health impacts of energy extraction. ** As Colorado River basin states struggle to come to an agreement over proposed …

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Was Biden speaking honestly in claiming US will need oil and gas for years to come?

  Whether it was another of his exaggerated stories that cannot be verified, President Biden in his State of the Union address Tuesday night told Congress the nation will still need oil and natural gas for years to come. This from the President who launched an attack on the oil and gas industry from the …

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Gulfport hurt by December’s frigid weather

  Gulfport Energy in Oklahoma City revealed this week its natural gas production was hurt by the December 2022 weather event called Winter Storm Elliott. The company made the admission in a filing with the Securities and Exchange Commission stating that the “abnormally cold temperatures across both Oklahoma and Ohio—led to production downtime.” Gulfport explained …

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STACK keeps yielding big oil producers

  Blaine County, one of the three primary counties that makes up Oklahoma’s oil-rich STACK play, was the source of a strong producer for Marathon Oil Company. The company filed a completion report on the Alta Bia 1511 3-31-30mxh, located at 19 15N 11W, 5 miles due south of Watonga. The well, completed in November 2022 …

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