Sen. Chuck Schumber’s attempt to predict higher energy prices in Wyoming would be a result of Republican tax cut efforts in Congress didn’t go over well with Wyoming U.S. Sen. John Barrasso. When Barrasso heard the claims of the Senate Minority Leader, he had his say. “Know why he’s in the minority, and we’re …
Category: Oil & Gas
Energy briefs
** Congressional Republicans advance a measure to allow oil and gas companies to pay a $10 million fee to fast-track federal permitting reviews and bypass years of environmental reviews and litigation. ** Clean Refineries Inc. announces plans to invest $1 billion to redevelop a petroleum terminal in Louisiana into a net-zero emissions refinery to make …
Scott Mitchell talks energy with Jerry Bohnen–what’s behind the governor allowing SB998 to become law?
Scott Mitchell talks energy with Jerry Bohnen. What’s the old Yogi Berra saying “it ain’t over till it’s over” got to do with energy and the legislature? Plenty if you consider what Oklahoma Gov. Kevin Stitt did regarding SB998.
Gain in crude stocks sent oil prices down on Wednesday
Word of a U.S. energy stockpile gain made last week sent crude oil prices falling on Wednesday and Oklahoma energy stocks also had losses. The climb in stockpiles left investors worried about excess supplies. Reuters reported the benchmarks fell after data from the Energy Information Administration showed crude stockpiles rose by 3.5 million …
Governor allows utility bill to become law and disappoints state regulators
Governor Kevin Stitt allowed a controversial utility bill to become law without his signature on Wednesday and opponents of SB998 suggested a constitutional challenge is coming. They also were not happy with the governor’s handling of the measure that opponents contend will lead to immediate costs for consumers. The measure is controversial because …
Crude stocks decline at Cushing but grow at US
The nation’s crude oil stocks rose in the most recent reporting period reported the federal government while the Cushing Hub in Oklahoma saw a decrease of more than 1 million barrels. The U.S. Energy Information Administration reported the U.S. crude stocks totaled 441.8 million barrels as of the week of May 9. It …
Growing list of Oklahoma energy bills fading into obscurity
While one controversial energy bill sent to the Governor of Oklahoma became law this week, others met a quick death in the legislature while a few remain works in progress. SB998, the “CWIP” or construction while in progress cost that will be billed to ratepayers at the time of the electrical project is being …
OGE warns of new internet scam for utility bills
OG&E is alerting customers to a new scam. Customers have reported that a fraudulent phone number comes up when they use Google and type in “OG&E payments” or “how to pay my OG&E bill” and similar inquiries. When they call the number, the person claims they are taking payment for OG&E customers, but they …
Energy briefs
** Tallgrass Energy reports it has secured shipper agreements for its planned pipeline to link the Permian Basin to its network in the Midwest, Great Plains, and Rocky Mountains. ** Alaska’s Republican Gov. Mike Dunleavy freezes state hiring and some official travel as low oil prices lead to decreased revenue. ** The U.S. Nuclear Regulatory …
Brecheen wants to eliminate Biden green energy tax subsidies
Oklahoma Congressman Josh Brecheen joined Texas Congressman Chip Roy in introducing the Energy Freedom Act. to repeal the more than 20 green energy tax subsidies created or expanded by the Biden Administration’s Inflation Reduction Act (IRA). “The Democrats’ so-called ‘Inflation Reduction Act’, signed into law in 2022, is nothing more than a massive, …