The latest AAA map of Oklahoma reflecting gasoline prices shows the state is bleeding red—from one end to the other. Sixteen counties with average prices of more than $3 a gallon are highlighted in red. Coal County in the southeast with $3.50 a gallon is highest followed by Greer County in the southwest …
Wyoming U.S. Sen. John Barrasso, known for his stands to protect his state and others from the Biden administration’s aggressive anti-oil and gas regulations put Electric Vehicle efforts in his latest sights. The ranking member of the Senate Committee on Energy and Natural Resources was joined by five other Republican Senators in introducing …
Residents outside the city of Denver who live near Aurora Reservoir are staging a fight against the plans of oil and gas company Civitas to drill and operate 166 wells near the lake. Civitas claims the project will produce $235 million in tax revenue for Arapaho County but r esidents worry the fracking …
** General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks on demand from its gasoline-powered models. ** A consumer advocacy group files a lawsuit claiming GE failed to warn consumers about the dangers of its gas stoves, hoping Washington, D.C.’s consumer protection …
Environmentalists who sued the state of New Mexico and accused it of failing to meet constitutional obligations for protecting against oiland gas pollution won a judge’s verdict to move ahead with their landmark lawsuit. Led by the Center for Biological Diversity’s Climate Law Institute, the environmental groups and Native Americans who live near oil …
Crude oil prices recorded another day of gains on Tuesday while Oklahoma energy stocks ended mixed. Oil prices finished up after the U.S. Energy Information Administration raised its global oil demand growth forecast for the year. At the same time, OPEC stayed with its forecast for relativelly strong growth in 2024. The EIA raised its …
Chesapeake Energy reported it has managed an 80% reduction in its methane emissions from company operations since 2020. The revelation was included in Chesapeake’s 2023 Sustainability Report released on Tuesday. It was the firm’s 12th year reporting on its environmental, social and governance (ESG) performance. Chesapeake said the reporting reflects its commitment to transparency, …
The Permian Basin won’t see any reduction in crude oil production this year. In fact, the U.S.. Energy Information Administration forecasts an 8% increase compared to 2023. It expects crude oil production to average about 6.3 million barrels a day this year. The Permian Basin, where numerous Oklahoma oil and gas firms have operations, accounts …
Another lithium well has been drilled in the Smackover formation of southern Arkansas, a well that could be used for development of the mineral sorely needed for production of electric vehicle batteries. Houston-based TerraVolta Resources LLC announced it had drilled a “successful” lithium appraisal and supply well. IT also said global investor EMG had …
The State Attorney General is appealing a district court judge’s ruling to suspend enforcement of Oklahoma’s Energy Discrimination Elimination Act, the one that banned state agencies from doing business with financial firms that discriminate against the oil and gas industry. Filings show Attorney General Gentner Drummond’s office took the ruling by Oklahoma County District …
