** The National Fire Protection Association believes firefighters are at greater risk responding to electrical vehicle fires than typical vehicle fires, in part due to a general lack of understanding. ** Senator Joe Manchin accused US Treasury Secretary Janet Yellen of “not following the law” on electric vehicle tax credits as automakers push the …
Category: Oil & Gas
Oil and gas production to break records
Alex Mills is the former President of the Texas Alliance of Energy Producers. Even though President Joe Biden’s regulatory agencies continue to throw road blocks in the path of American oil and gas producers, the industry continues to respond positively to global and domestic markets and it is on a path to set …
House approved bill includes more Western Colorado oil drilling
The GOP-sponsored bill that won U.S. House approval to limit President Biden’s reduction of the nation’s Strategic Petroleum Reserve also includes amendments to increase oil and gas drilling on Colorado’s Thompson Divide. The amendments were added by Colorado Congresswoman Lauren Boebert after the Biden administration proposed a 20-year withdrawal of the Divide from new …
Will Keystone keep promise to clean up leak in Kansas?
Nearly two months after the Keystone pipeline leaked 55,000 barrels of oil into a north Kansas creek, cleanup is at nearly 90%. The debate grows in Washington County where the leak happened according to a report by the Kansas News Service. Click here for Kansas News Service
Oklahoma might test highway user fees
Oklahoma might soon launch a pilot program where taxes paid at the gas pump are replaced with user fees, much like those paid by EV users in some states. It’s called Fair Miles Oklahoma and the program will be presented Monday to state transportation commissioners reported The Oklahoman. Click here for The Oklahoman
Rig numbers tumbled in past week while Oklahoma held steady
Baker Hughes Co. reported a loss of 12 active oil and gas rigs in the past week as the nation’s count fell to 759. Oklahoma’s count remained at 64 and was unchanged from thee previous week reported the well-servicing company. A year ago, the state had 50 active rigs. The U.S. decline included a …
Crude oil dropped 3% on Friday and OK energy stocks had a weak day
Three-week lows were recorded Friday by crude oil prices following word of a strong U.S. jobs market and the result of higher interest rates. Oklahoma energy stocks suffered moderate losses in the trading. West Texas Intermediate crude fell 3.3% or $2.49 per barrel to settle at $73.39, its lowest mark since Jan. 5 on the …
Consumers’ anger grows over mounting utility bills in Oklahoma
We’ve reported on the growing complaints of Oklahomans over their utility bills and how costs passed along by some of the state’s most powerful utilities were approved by state regulators following the 2021 Winter Storm Uri. Now The Oklahoma Watch reported there is growing anger over how the utilities were able to extend those …
Court rules against drilling permits around Chaco tribal sites in New Mexico
The Tenth U.S. Circuit Court of Appeals ruled in support of environmentalists who challenged the government decision to grant 200 drilling permits around New Mexico’s Chaco Culture National Historical Park. The Denver-based court said the U.S. government failed to consider the cumulative effects of greenhouse gas emissions from the drilling. A three-judge panel ruled …
Magellan Midstream forecasts jump in crude oil transportation from Permian to Houston
Crude oil flows from the Permian Basin will move toward Houston as shale production increases and lines are filled connecting the basin to export hub Corpus Christi according to a prediction by Tulsa’s Magellan Midstream Partners LP. The company’s own fourth quarter transportation grew by 47% to more than 65 million barrels according to …