Oklahoma State Treasurer Todd Russ says the state saw a boost in revenue from the gross production tax on gas and oil but he still suggested it was in the process of making adjustments. “While the state’s revenue trends may seem wobbly, this is typical for the current economic conditions caused by Fed adjustments,” …
The State of New Mexico just received another $5.5 million from the Department of Interior to help plug abandoned wells. The funding, announced through the Biden administration’s Interior Department also awarded $9 million to the state of California before Donald Trump was sworn into office. “These investments to address hazardous sites will create good-paying …
Three years after Kansas felt the brunt of the 2021 Winter Storm Uri, a lawsuit filed against some of the natural gas providers is still alive and the subject of a federal judge’s recent ruling against the gas companies. U.S. Magistrate Judge Angel D. Mitchell in Kansas City ruled against the move by Concord …
** Just a few weeks after the Department of Energy’s Inspector General issued a report urging the agency to halt all loans and loan guarantees from the Loans Program Office until it could ensure that it is complying with “conflicts of interest regulations and enforcing conflict of interest contractual obligations,” the LPO last week gave loan …
Canoo sinks and we discuss the Trump 47 energy people and policy we’ll soon become familiar with and their impact on Oklahomans.
“I’ve come into this position with really one goal in mind, is that is, and that is to ensure affordable and reliable generate electricity, affordable and reliable electricity for Oklahomans for today and tomorrow.” It’s the declaration of Oklahoma’s new Energy and Environment Secretary Jeff Starling in a sit-down interview with Scott Mitchell on News …
With all of the electricity rate hikes approved in Oklahoma in the past year, it’s hard to believe. But the average wholesale electricity prices in the Lower 48 states were lower in 2024 than in 2023, according to a new government report. The U.S. Energy Information Administration says lower and more stable electricity prices …
Rep. Jim Shaw, R-Chandler, has filed a series of bills that range from placing a moratorium on green energy projects to creating setbacks to recapturing tax subsidies from the industry. Another measure would ban the use of biosolids. “I told my constituents when running for office I would fight against the green energy insanity that …
Oklahoma Attorney General Gentner Drummond isn’t finished taking on the EPA. The same week he announced his candidacy for Governor, he and 22 other state attorneys general filed a petition for review in the United States Court of Appeals for the District of Columbia Circuit to sue the U.S. Environmental Protection Agency (EPA) for adopting …
Helmerich & Payne, Inc. announced that it has completed its acquisition of KCA Deutag International Limited , establishing a global leader in onshore drilling. The deal, originally announced in July 2024, involved an acquisition for $1.9725 billion in cash. President and CEO of H&P, John Lindsay, commented, “We are excited to complete this transformative …
