It’s called the Pay Less at the Pump Act and was introduced in Congress this week by U.S. Sens. James Lankford and John Barrasso, a Republican from Wyoming. Their plan is to lower energy prices for American families by repealing the $10.5 billion “Superfund Tax” on American energy production. “As I predicted, the so-called ‘Inflation …
Category: Oil & Gas
Energy quick reads
** Sen. John Barrasso (Wyo.), the top Republican on the Senate Energy Committee, called on the Energy Department’s Office of Inspector General to investigate Energy Secretary Jennifer Granholm after she conceded to wrongly telling the committee she does not own individual stocks. ** The right-to-repair movement has suffered a setback in Massachusetts this week. The …
Groups oppose proposed hydrogen hub for New Mexico and 3 other states
New Mexico Gov. Michelle Lujan Grisham has run into opposition over her plan to create an interstate hydrogen energy hub along with the states of Colorado, Utah and Wyoming. It’s coming from a New Mexico coalition of Indigenous and environmental groups who sent a letter this week to U.S. Energy Secretary Jennifer Granholm asking …
Reports show extensive drilling efforts by two Oklahoma City energy companies
The latest completion reports on file with the Oklahoma Corporation Commission show just how busy two energy companies have been in different regions of the state. BCE-Mach in the northwest and CPRP Services in the south central part of Oklahoma. Oklahoma City-based CPRP Services LLC had more success in McClain County with two wells …
Bice says natural gas stove vote was to stop Biden’s green new deal agenda from being forced on Americans
Oklahoma Congresswoman Stephanie Bice says she enjoys cooking with her gas stove. It’s why she voted Tuesday in support of a bill to reject the Biden administration’s move to either put severe restrictions on the use of natural gas cooking stoves or to ban their use outright. “These pieces of legislation will prevent the …
Crude oil and Oklahoma energy stocks experience losses in Wednesday’s trading
Crude oil prices and Oklahoma energy stocks fell in Wednesday’s trading as crude dropped 1.5%, largely after the Federal Reserve hinted at more interest rate hikes this year. The hint left the markets worried about demand, especially after there was another build in U.S. crude oil stocks. West Texas Intermediate crude dropped $1.15 per barrel …
More crude oil in storage reported at Cushing Hub and the U.S.
Increases in the amount of crude oil in storage at the Cushing Hub in Oklahoma and across the nation were reported over the past week. The U.S. Energy Information Administration reported Wednesday that Cushing’s total amount of crude oil in storage had grown to 42.1 million barrels. A week earlier, the total was …
Oklahoma general revenue fund collections were flat for May
Oklahoma’s economy in May was apparently pretty flat…at least that’s how one state agency described the state’s General Revenue Fund collections–“substantially flat.” That’s how the Oklahoma Office of Management and Enterprise Services put it in revealing the May collections were $702.7 million, an amount that was $84 million or 13.6% more than the initial …
EPA to crack down on Colorado’s only oil refinery
The Environmental Protection Agency plans a crack down on Colorado’s only oil refinery after studies show it released more air pollution than others its size. Tests showed Suncor had more excess releases of sulfur dioxide-laden tail gas than any of 11 comparable refineries according to the Region 8 EPA study. “We will use this …
Wildfires to nuclear energy—part of latest edition of Mitchell Talks Energy
This week, News 9 political analyst Scott Mitchell talks with OK Energy Today’s Jerry Bohnen about everything from recent Canadian wildfires to the future and past of nuclear energy in the southwest United States as a blockbuster movie about the development of the atomic bomb gets set to premiere.