The newly named regional administrator of the Environmental Protection Agency is Scott Mason, a former Deputy Secretary of Energy for Oklahoma. In the position, he’ll be in charge of EPA programs in Oklahoma and four other states as well as 66 Tribal Nations. U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced that President …
Attorney General Gentner Drummond is celebrating after the Trump administration took action to end the EV mandate created by the Biden administration, a mandate challenged by Oklahoma and 21 other states. “The Biden Administration’s zeal for federal overreach was seemingly insatiable, particularly when it came to attacking the oil and gas industry,” said Drummond. “I …
Oil and gas growth, new manufacturing and the increasing needs of existing customers and communities have led to Xcel Energy being awarded three projects by the Southwest Power Pool to build new high-voltage power lines in Texas and New Mexico. One of the projects is the first-ever 765 kV line within the footprint of …
Another increase in oil and gas drilling rigs across the U.S. was reported Friday when Baker Hughes announced its rig count. The U.S. total of 586 was a gain of 4 rigs. Oil rigs grew by one to 480 and gas rig numbers increased by 2 to 100. Miscellaneous rig totals grew one to …
** This week, Ford Motor Company reported that it lost $5.1 billion on its EV business in 2024. During the fourth quarter, it incurred $1.4 billion in operating losses on its EV segment. That was a slightly better result than the fourth quarter of 2023, when the company lost $1.6 billion on EVs. ** Arizona’s largest …
Despite a small gain on Friday, crude oil prices still finished down for the week. The reaction came after new sanctions were announced on Iran’s crude exports. Investors apparently are worried about President Trump’s trade war on China and more tariff threats against other countries. West Texas Intermediate finished Friday up 39 cents …
