Several energy-related bills will be heard in committee this week at the Oklahoma State Capitol. They will be heard before the House Energy and Natural Resources Committee chaired by Rep. Brad Boles of Marlow. When: Wednesday, February 14, 2024 3:00 PM Where: Room 206 Agenda: 1. Welcome and Introductions 2. HB3193 – Water and water rights; …
February 2024 archive
Williams earnings report for 4Q to be released this week
Coming this week, the fourth quarter earnings report from The Williams Companies, Inc. Investment companies have raised the same question OK Energy Today brought up last month in announcing the Feb. 14 release of the earnings report—can the fourth quarter be as strong as the third quarter? The results will be released before the …
Broadband Governing Board to meet Tuesday
The Oklahoma Broadband Governing Board will meet at 10:00 a.m. on Tuesday, February 13, in the First Floor Conference Room, Suite 105, of the Harvey Parkway Building, 301 Northwest 63rd Street, Oklahoma City, OK 73116. 1. Call to Order, Welcome, and Determination of a Quorum 2. Compliance with Open Meeting Act 3. Office Policy regarding Comments …
Enel Green, Osage Nation and McGirt—how Indian tribes gain power in the courts
Some legal observers contend a Tulsa federal judge’s ruling in December to force Enel Green Power to tear down the 84 wind turbines it built more than a decade ago on Osage Nation land is a sign of the ability of Indian tribes to wage their fights in court. This week, another tribal energy …
New Mexico legislature moves to force higher royalty rates on state land
Democrats in New Mexico who are critical of the oil and gas industry have passed legislation to force companies to pay higher royalty rates on state land leasses. A bill to do such won approval over the weekend on a 39-28 vote as one sponsor said the state has a duty to maximize profits …
Democrats in Colorado now plan to push for oil and gas drilling ban by 2030
The fracking fight in Colorado promises to heat up again this year as the state’s Democratic senators proclaim they plan to introduce a bill to ban new oil and gas drilling in the state by 2030. They further want to force companies to pay more to seal or plug old wells, adding to the …
Opinion—LNG freeze fight won’t be settled before November elections
While the Biden administration faces growing criticism from Republican and Democrat critics over its moratorium on some LNG shipments to Europe, some believe there won’t be a solution before the Presidential election in November. Further, one professor of Global Energy says the freeze on new LNG export approvals also will not stop a massive …
Energy quick reads
** Permian rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a merger that would create an oil and gas company that could be valued at more than $50 billion, the Wall Street Journal reported on Sunday. ** California’s plan to lower electricity rates and relieve the burden on low-income households, in particular, …
OEPA to hold annual convention in OKC in March
Members of the Oklahoma Energy Producers Alliance will gather in March for their annual meeting in Oklahoma City. The meeting will be heldl March 21-22 and one of the featured speakers will be Oklahoma Attorney General Gentner Drummond. The meeting will begin with a Thursday night reception on March 21 at the Bricktown Brewery …
Pressure grows on Biden to reverse his LNG moratorium
Not only are Oklahoma members of the U.S.House and Senate angry over President Biden’s moratorium on NGL exports and project developments,but dozens of former officials in the past two Republican administrations say he’s wrong and should reverse his freeze. Biden made the move under pressure from environmental activists who say it will help reduce …