August 17, 2023 archive

Behind the choice of an OKC law firm to represent the state in winter storm lawsuits

The political connections between Oklahoma Attorney General Gentner Drummond and the law firm he chose to handle the attempted recovery of billions of dollars from record high natural gas prices during the 2021 winter storm Uri are more than $5,800 in campaign contributions to Drummond. There are other connections, though they may be indirect, but …

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Crude oil stocks fell more at Cushing and across the US

  U.S. crude stocks fell almost 6 million barrels last week, losing all that they added the prior week, a government report showed on Wednesday. At the same time, crude stocks at the Cushing Hub in Oklahoma fell by nearly 1 million barrels. Cushing dropped from 34.6 million barrels on August 4 to 33.8 million …

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Bingman to make a second try at being elected Corporation Commissioner

  Oklahoma Secretary of State Brian Bingman plans to resign so he can run for corporation commissioner….again. He announced his decision Wednesday. “I’ve been a champion for our energy industry my entire career, I know the importance of protecting our top industry, because I’ve been in it for all of my professional life,” said Bingman. …

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Energy briefs

** The Biden administration on Wednesday celebrated the first anniversary of the Inflation Reduction Act, the landmark climate law President Biden signed in 2022. ** Sen. Joe Manchin (D-W.Va.) on Wednesday said he will keep up his battle against the Biden administration and officials who seek to “undermine” the Inflation Reduction Act (IRA) as part of their …

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New Mexico congressman wants to force oil and gas industry to pay for health care costs

  New Mexico congressman Gabe Vasquez, a Democrat, has filed a bill to create a health care trust for oil field workers. His bill wants to compensate them for uninsured medical costs related to air pollution and heat-related illnesses. It would also required that oil and gas companies pay into the trust to provide reimbursements …

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