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 …
June 2025 archive
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 …
Threatened attack on Iran affects crude oil prices
Following strong 4% gains on Wednesday, crude oil prices fell in Thursday’s trading in response to continued worries that Israel might launch an attack on Iran, a possibility that prompted the US to move personnel out of the Middle East. The Wednesday surge also produced overbought territory on some technical indicators and experts believe …
High tech plans geothermal power site in New Mexico
A big geothermal site in northwestern New Mexico is going to be the work of XGS Energy and Meta Platforms Inc. The two companies intend to develop New Mexico’s geothermal industry as tech companies search for new energy sources for data centers they are proposing around the country. “This is an area where geothermal …
Oklahoma is now DROUGHT FREE
For the first time in six years, there is no drought in Oklahoma. Let me repeat that with bold letters if necessary, “THERE IS NO DROUGHT IN OKLAHOMA.” Don’t take my word for it. Check out the drought monitor courtesy of Oklahoma Climatologist Gary McManus with the Oklahoma Mesonet. “So as you can see …
NextEra says its solar farm in Wagoner County would be a “good” neighbor
NextEra Energy Resources is disputing some of the claims made by opponents against the firm’s proposed 4,900-acre Persica Solar farm near Porter in Oklahoma’s Wagoner County. The group called Concerned Citizens of Wagoner County issued a more than 30-page report it described as a “detailed rebuttal” to claims made by NextEra Energy about …
Iowa Governor vetoes bill targeting eminent domain for carbon capture pipeline
Opponents of the use of eminent domain for construction of a carbon capture pipeline across Iowa were handed a setback this week when Iowa Gov. Kim Reynolds vetoed a controversial bill that would have made it hard to use the process. House File 639 would have adopted such things as increased insurance requirements for …
Sen. Mullin joined Trump at White House to eliminate California EV mandates
Oklahoma U.S. Sen. Markwayne Mullin is not only a big national supporter of President Trump but joined him Thursday morning at the White House when Trump signed into law a Mullin resolution permanently eliminating California’s radical electric vehicle mandates. “Today we put a stop to California’s costly and extreme Green New Deal agenda that …
Settlement reached in ONG’s request to increase rates
In all likelihood, customers of Oklahoma Natural Gas will begin paying for the latest rate increase and it could take effect yet this month or early July, should Corporation Commissioners sign off on a settlement of issues in the case reached this week. According to testimony offered Thursday during a hearing held by regulators …