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New Pipeline Safety Rules Proposed by Federal Government

Midstream energy companies no doubt are wondering how new regulations proposed by the Pipeline and Hazardous Materials Safety Administration will affect them. The rules were announced Thursday and will soon be posted in the Federal Register as a Notice…

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Devon Energy Could Benefit from Government Decision in Montana

The move by the Obama administration to finally give up a several year running fight over oil and gas leases on land outside Montana’s Glacier National Park has a direct bearing on Oklahoma City-based Devon Energy. The land is considered sacred to the …

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Anti-Fracking Petition Drive Allowed in Colorado—–Could Lead to Statewide Vote

Despite layoffs in Colorado’s oil patch and low prices for oil and natural gas, anti-fracking activists aren’t giving up their fight to ban fracking. And now they have won approval to circulate petitions to put such a ban before Colorado voters.
The A…

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Anti-Fracking Petiton Drive Allowed in Colorado—–Could Lead to Statewide Vote

Despite layoffs in Colorado’s oil patch and low prices for oil and natural gas, anti-fracking activists aren’t giving up their fight to ban fracking. And now they have won approval to circulate petitions to put such a ban before Colorado voters.
The A…

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US Futures Close Above $40

The U.S. oil futures benchmark closed above $40 a barrel for the first time in 2016, a day after the Federal Reserve dialed back its expectations for rate increases and major oil producers set a meeting date to discuss a supply freeze.
On the New York…

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Ethanol Industry Rips Congress for Not Including It in Renewable Fuels Hearing

The ethanol industry isn’t happy that it was excluded from a U.S. House Oversight Subcommittee hearing this week to examine the Renewable Fuel Standard.
“Once again, no one from the U.S. biofuels industry wsa invited to testify, silencing a powerful v…

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Inhofe Files Bill to Allow Drones to be used for Pipeline Surveillance

Oklahoma U.S. Senator Jim Inhofe has introduced a measure to ensure drones can continue to be used by energy pipeline operators as well as others responding to natural disasters. He introduced the UAVs for Energy Infrastructure Act and immediately drew…

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House Speaker—–Perfect Storm in Oklahoma

What’s happened to the oil and gas sector in Oklahoma weighs heavily on the mind of Oklahoma State House Speaker Jeff Hickman as he leads the House in struggling with two budget failures and another month of declining budget revenue.
“A lot of work co…

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Major Pipeline Improvements at DTE Energy

Williams Cos. in Tulsa isn’t the only major pipeline firm making major investments. DTE Gas plans to spend $1.4 billion in its Michigan natural gas pipeline infrastructure in the coming five years.
The company plans to modernize its cast iron and ste…

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Oil Ends Higher on Demand, Fed Reserve Statement

Oil futures ended sharply higher Wednesday, boosted by a smaller-than-expected weekly climb in U.S. crude stockpiles.
Plans for a meeting of major oil producers next month to discuss limiting output and a complaisant Federal Reserve statement added to…

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