The annual meeting of stockholders at Empire Petroleum Corporation met in the past week to take care of business. Of the 33,712,727 shares in common stock, 29,382,197 were present for the June 12 meeting or by proxy, representing 87.15% of the company’s outstanding shares. The stockholders were asked to vote on three proposals. …
June 13, 2025 archive
Israel-Iran fighting sent crude oil prices soaring
With Israel attacking Iran’s nuclear weapons development and long-range missile sites and Iran returning in kind with a bombardment of missiles, crude oil prices shot up worldwide, gaining 7% on Friday. As Iranian missiles rained down on Israeli towns and cities Friday, oil prices surged along with gold and the dollar. Gold went …
Court ruling overturns local efforts against carbon capture pipeline in Iowa
Summit Carbon Solutions is celebrating after a recent court victory in which local ordinances aimed at regulating pipelines and putting restrictions on the projects were overturned. Summit is the company attempting to build a 2,500-mile pipeline across five states to carry captured carbon dioxide from ethanol plants to a storage site in North …
Colorado joins fight against Trump’s elimination of EV mandates
While U.S. Sen. Markwayne Mullin joined President Trump at the White House on Thursday to celebrate the President’s official elimination of California’s EV mandates, California was joined by Colorado and other states in filing a lawsuit challenging the Presidential move. Colorado Attorney General Phil Weiser was among those attorneys generals who filed suit in …