While critics of wind and solar power point out how the government funds those renewable energy sources with billions in subsidies, critics of oil and gas point to government subsidies for the industry. The latest example of tit for tat studies came from the NRDC or Natural Resources Defense Council which stated documents reveal …
February 6, 2024 archive
Scientists study if oil and gas wells played a role in recent 5.1 magnitude earthquake
The shutdown of nine wastewater wells by state regulators folllowing last week’s 5.1 magnitude earthquake centered near Prague will be indefinite according to a spokesman for the Oklahoma Corporation Commission. Matt Skinner said the wells, suspected of possibly causing the large quake and dozens of others from aftershock, will be closed while scientists study …
Residents stop frac sand mine proposed in eastern Missouri
(David Carson, Post-Dispatch) Residents who fought a proposed silica sand mine in eastern Missouri contend they won the fight after the company withdrew its lawsuit over a restrictive County ordinance. It was in Ste. Genevieve County where residents opposed the 249-acre site proposed two years ago. They formed Operation Sand and argued the mining …
Energy quick reads
** One person is dead following a sudden explosion at a petroleum pumping station in Cass County, Michigan.The Cass County Sheriff’s Office says two men were working at the oil pumping station when it exploded. ** The Senate’s border and Ukraine spending package contains more than $2 billion in funds for uranium processing, as the U.S. …
Vital Energy adds West Texas wells in $78 million acquisition
Tulsa’s Vital Energy, Inc. made another expansion of its Permian Basin holdings with a $78 million acquisition of producing wells from Midland, Texas operator Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC. The purchase increases Vital Energy’s working interest in 54 producing, low-decline wells by an average of 67%, increasing the Company’s …
House Republicans demand Biden lift his freeze of new LNG ports
(Creator: J. Scott Applewhite | Credit: AP) Four Oklahomans in the U.S. House were among more than 150 Republicans who sent a letter to the President this week, blasting his freezing of permits for new LNG projects across the nation. At least seven Democrats also sent a similar letter to the White House, critical of the …
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