Not only did crude oil prices go up 3% in Thursday’s trading, but Oklahoma energy stocks enjoyed a day of positive territory with some firms seeing gains of 5%, 6% and 7%. Crude prices were bolstered over hopes for a trade deal between the US andthe European Union. Plus, the newest US sanctions …
In a fiery defense of one of his energy bills devoted to helping Oklahoma’s natural gas industry, Rep. Trey Caldwell unleashed criticism this week on the Oklahoma Corporation Commission and one lobbyist who he labeled a “liar” and wouldn’t allow into his state office. It occurred Wednesday during a House Energy and Natural …
No parts of Oklahoma are under what experts classify as “Extreme Drought” or “Exceptional Drought.” But other parts of the state that are abnormally dry remain steady, including nearly 14% at severe levels, and perhaps could be eased by the rain in the Easter Weekend forecast. Climatologist Gary McManus with the Oklahoma Mesonet suggested …
Oil and gas companies drilling on state land in New Mexico, including the Permian Basin, will have to pay higher royalties after Gov. Michelle Lujan Grisham recently signed a bill into law. The new law raises the previous oil an gas royalty rate cap from 20% to 25% on State Trust land in …
Nearly half a year after Oklahoma Treasurer Todd Russ and Attorney General Gentner Drummond were at odds over a lawsuit challenging Oklahoma’s Anti-Energy Discrimination Elimination Act, their differences are displayed again in another dispute. This time, Russ is accusing Drummond of “political interference.” Recall, Drummond stepped in and fired the attorney hired by the …
Nearly six months after lawsuits were filed when a Garfield County farm couple refused to allow surveyors onto their land for the Cimarron Link transmission line across northern Oklahoma, a similar story is being played out on the other end of the U.S. More than 100 property owners in Central Maryland have done the …
NextEra Energy faces a fight in one Arkansas county where it is seeking a tax abatement on a proposed 2,000-acre solar farm. Residents of Little River County, adjacent to Oklahoma’s McCurtain County, recently voiced their opposition to the 65% tax abatement being considered by county leaders. Click here for KSLA news
Just as some Oklahoma legislators have targeted the wind industry for more restrictions this year, in Arkansas, the legislature just approved a bill doing the same. It’s a bill that wind farm supporters contend will cripple the industry. Still, it’s on its way to the governor’s desk to become law. They also claim …
** The Trump administration issued an order Wednesday to stop construction on a major offshore wind project to power more than 500,000 New York homes, the latest in a series of moves targeting the industry. Interior Secretary Doug Burgum said it needs further review because it appears the Biden administration rushed the approval. ** The U.S. Army Corps …
Thinking of buying an electric car? The Automobile Association is out with a warning that EVs break down more often that the gas-powered car you’re driving. The organization says EVs tend to have a host of problems such as jammed charging cables and technical glitches and they are even prone to punctures and flat …
