Oklahoma Attorney General Mike Hunter joined eleven other GOP attorneys general Monday in filing a lawsuit challenging President Biden’s first executive order aimed at climate change. The 46-page lawsuit, led by Republican Attorney General Eric Schmitt of Missouri, claims Biden lacked any constitutional authority to implement new greenhouse gas rules. The suit says he …
While Oklahoma leaders started looking into the national gas supply industry following last month’s severe cold weather, the attorney general in Texas is expanding his probe of the same industry. Attorney General Ken Paxton announced this week an expansion into the effects of the winter storm on energy markets and explained his office had …
Photo credit: Cadillac The following story might be a “must read” for those members of Congress who want to bring an end to the nation’s oil and gas industry—or for those environmentalists attempting to do the same thing. For all of their criticism of the industry, they might have either “forgotten” or been poorly educated …
After a 5-year battle with the state of Pennsylvania, Oklahoma City’s Chesapeake Energy Corp. has settled a case in which it was accused of underpaying royalties and using deceptive practices to obtain leases with Pennsylvania landowners. The the $5.3 million settlement was announced Monday by Pennsylvania Attorney General Josh Shapiro who said it ends …
After global crude oil prices surged above $71 a barrel on Monday’s trading following the Sunday attacks against Saudi Arabia oil facilities, they settled lower with a $1.12 loss to just above the $68 mark. Global benchmark Brent crude for May delivery eventually fell to $68.24 a barrel. West Texas Intermediate crude for April delivery …
A House committee this week begins an exploration of rail transportation and the growingly-important role it plays in energy in the U.S. Here’s why it’s important for the oil and gas industry. With the death of the Keystone XL pipeline at the hands of President Biden, oil from Canada will be moved southward to …
The Oklahoma Supreme Court has yet to set a date to hear the appeal of an Oklahoma oil and gas firm that contends because of a US Supreme Court ruling, the state Corporation Commission no longer has the power to regulate its wells on land now considered to be Indian land. Chief Justice Noma …
The question of whether to return to a 50% allowable natural gas prorationing rate in Oklahoma goes before Corporation Commissioners on Tuesday. The regulators raised the rate to 100% during the February winter storm to allow a faster movement of more gas so power plants could operate during the frigid weather and prevent extended …
The Oklahoma City law firm of Federman & Sherwood filed a class action lawsuit in Pennsylvania against Fort Worth-based Range Resources Corporation accusing it of artificially inflating the value of its stock over the past five years. The lawsuit, filed in the Western District of the U.S. District Court in Pennsylvania alleges violations of …
The oil and gas industry is facing another fight over its massive development of the Permian Basin in New Mexico. This time, it involves a move by the environmental group WildEarth Guardians to designate the main four counties that make up the Permian Basin in the state to be areas in violating of federal …
