June 23, 2024 archive

States consider new laws increasing penalties for pipeline protesters

A dozen protesters were arrested in Cushing, Oklahoma seven-and-a-half years ago when they tried to stop a proposed oil pipeline between there and a Valero refinery in Memphis, Tennessee.  Proposed new laws in multiple states could stiffen the penalties. Members of the group Arkansas Rising attached themselves to oil drums filled with cement and firefighters …

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Oklahoma Turnpike Authority asks tribal leaders to join Plate Pay system

The Oklahoma Turnpike Authority is asking several tribal leaders to join the Plate Pay system. OTA Executive Director Joe Schelle made the formal request during the regular quarterly meeting with the tribes last week. The state is reportedly missing out on millions of dollars of revenue from vehicles bearing tribal tags.  Right now, that driver …

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Iowa Senator wants Renewable Fuel Standard volumes raised

Iowa Senator Chuck Grassley is leading the push to have the federal government increase its Renewable Fuel Standard volumes.  Grassley says the EPA and the Biden administration didn’t bump up those volumes enough last year. The veteran Republican calls it an insult that the levels are so low.  He says factories can produce much more …

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AAA: 71 million will travel 50 miles, or more, from home for July 4th

Officials with Triple-A are projecting nearly 71 million Americans will travel 50 miles, or more, from their home for the Independence Day holiday.  That’s an anticipated increase of 5% from last year and 8% more than 2019 – the year before the COVID pandemic. If those projections are realized then this will be the busiest …

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Texas Man Faces Federal Charges For Allegedly Flying Drone Over Baseball Stadium

Federal charges have been filed against a man accused of illegally flying a drone aircraft over a Major League playoff game last year in Texas. The US Attorney for the Northern District of Texas has charged Carvell Banner with violating National Defense Airspace. The incident in question happened October 19, 2023.  Banner is accused of …

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Rep. Bice—Biden’s energy policies put Europe back into pockets of Putin

  Oklahoma Congresswoman Stephanie Bice made it clear in a recent story for Dailywire that the Biden administration’s failing energy policies not only hurt American oil and gas producers but also harmed Europe and helped Russia. ““The Biden Administration’s decision to pause approvals for new LNG export terminals has once again forced Europe into the …

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Crude oil prices dropped on Friday

Crude oil prices fell on Friday and Oklahoma energy stocks dropped as well. Investors were reportedly worried that global oil demand growth might be a victim of a strong U.S. dollar and negative economic news from around the world. The price decline came despite signs of improving U.S. oil demand and falling fuel inventories. West …

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Quarterly distribution announced by NGL Energy Partners

    Shareholders of NGL Energy Partners LP will be getting a distribution for the quarter ending June 30, 2024. The distribution of about 78 cents will go to holders of the company’s Class B and Class C preferred units Each of the Class B Preferred Units will receive a quarterly distribution of $0.7820 and …

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