By law, the city of Denver cannot ban natural gas hookups from future homes and buildings, but the city is taking steps to make it more difficult to use gas. Denver’s Office of Climate Action, Sustainability and Resiliency released a plan this week calling for new homes and buildings to be mostly electrified by …
We’re not sure whether BP learned from some governors and mayors who flaunted the very COVID-19 rules they created then ignored them in a “rules for thee but not me” fashion. But the British energy company was hauled before the platform of hypocrisy at the Texas Railroad Commission this week. BP, the company that …
A new report shows the amount of oil in storage at the Cushing, Oklahoma storage hub declined for the week ended January 22. The American Petroleum Institute said supplies dropped by 3.5 million barrels for the week in Cushing while nationally, crude supplies fell 5.3 million barrels for the week. Gasoline stockpiles went up …
The oil and gas industry didn’t have to wait long before getting hit by President Biden’s orders suspending new leases for fracking and oil drilling on federal lands and waters. The action he took Wednesday at the White House drew immediate rebukes from the industry as well as members of congress from oil …
Hundreds of workers on the Keystone XL pipeline have reportedly already lost their jobs because of President Biden’s cancellation of the permit allowing the line to be built in Montana, South Dakota and Nebraska. The Republican National Committee made a Twitter post this week with a video of a Keystone XL general manager announcing …
Oklahoma congressman Frank Lucas joined House Republican leaders in sending a letter to President Biden calling on him to revoke the 60-day freeze he announced on new mining, oil and gas leasing and permitting on federal lands. He joined House Republican Leader Kevin McCarthy of California, GOP Whip Steve Scalise of Louisiana and GOP …
Week two of the Biden administration and Oklahoma energy stocks continued in their depressed ways with most reporting losses in Tuesday’s trading. Earlier in Tuesday’s trading, crude futures saw some gains as investors liked word that Russia and Iraq will have lower oil exports in February. West Texas Intermediate crude finished up 19 cents for …
As the Wynnewood Refining Co. and the owner of two other small refineries prepare for a biofuels mandate fight before the U.S. Supreme Court, the ethanol industry is pushing for higher amounts to be included in gasoline production. POLITICO reported the biofuels industry will only be helped by the President’s plan to build …
The Petroleum Alliance of Oklahoma wasn’t alone in its scathing response to President Biden’s recent moves targeting oil and gas. Oil and gas groups in Texas, New Mexico and Louisiana—all heavy oil and gas-producing states—blasted the President for the 60-day free he put on permits and leases of production on federal lands. “Should this …
** President Biden is expected to announce several executive actions on Wednesday meant to fight climate change, including one asking government agencies to determine the extent of a drilling ban on federal land, two people with knowledge of the matter told The New York Times on Monday. ** Elon Musk is ‘super fired up’ about President Joe Biden’s focus …
