** Biden’s $1.7 trillion Build Back Better bill probably won’t get handled by the U.S. Senate until the second week in December because the Senate has yet to finish its defense policy bill and a bill to fund the government past Dec. 3. ** The Coast Guard named another ship as a party of interest as …
Category: Oil & Gas
Midwest opposition grows to biggest ever carbon capture project
It’s billed as the world’s largest carbon capture and sequestration project—the $4.5 billion, 2,000 mile pipeline network throughout the upper Midwest. But opposition is reported to be growing too. Bloomberg reports the Midwest Carbon Express would be capable of storing up to 10 million tons of carbon dioxide a year, slashing the emissions of …
Oklahoma gasoline prices still lowest in 7-state region
Gasoline prices dropped only slightly in the past few days in Oklahoma as the state joins the nation in observing the Thanksgiving holiday this week, an observance that means millions of Americans will hit the road for travel. Oklahoma’s average dropped 3 cents from $2.99 to a Monday morning average of $2.96 reported the …
More natural gas-fired capacity coming online
Source: U.S. Energy Information Administration, Monthly Electric Generator Inventory The government predicts that more than 27 gigawatts of new natural gas-fired capacity will come online in the U.S. in the next few years and some will come in Oklahoma and Texas. The additional 27.3 gigawatts will be added between 2022 and 2025 reports the U.S. Energy …
Oil and gas–still ‘King’ in SE New Mexico
Despite the efforts of Joe Biden’s administration and those of Democrats behind his goals, oil and gas are still heavy contributors to the budget of New Mexico. The Carlsbad Current-Argus reports the industry contributed $2.8 billion to the state budget in 2020, despite the COVID-19 pandemic. Click here for Carlsbad Current-Argus.
Oklahoma leaders blast Build Back Better
When the Build Back Better bill lands in the U.S. Senate, its chances of approval are even narrower than those in the House. We know Oklahoma Sens. Jim Inhofe and James Lankford are strong critics of the massive social-spending bill that has been called “dangerous” and another step to a socialist form of government …
Environmental group says Denver power plants are racist in location
A textbook example of environmental racism. It’s how the Sierra Club describes power plants in Denver, Colorado. In a new report, the environmental group said that for decades, low-income communities of color in Denver were “disproportionately burdened by pollution from multiple sources, including highways that cut through neighborhoods, oil refineries and power plants that …
ONG’s $1.3 billion in storm costs to be reviewed by regulatory judge
A hearing over an agreement covering the more than $1.3 billion in February storm natural gas costs by Oklahoma Natural Gas begins Monday morning before an Administrative Law Judge at the Oklahoma Corporation Commission. The hearing will cover a proposed settlement of the case that focuses on ONG’s extreme purchase costs in the amount …
Crude oil hit 7-week low in Friday’s trading–energy stocks slid too
Another big drop in crude oil prices was recorded Friday as crude fell to a 7-week low in the markets. It also sent Oklahoma energy stocks tumbling for the day. West Texas Intermediate crude oil for December delivery fell $2.91 to $76.10 a barrel in trading on the New York Mercantile Exchange. That amounted …
Hobbs firefighter named Devon hometown hero
Devon Energy’s Hometown Heroes program has honored a Hobbs, New Mexico firefighter. Lee Haines is one of two local first responders recently honored by the program that highlights the service and sacrifice provided by emergency responders, including law enforcement officials, firefighters, EMTs and city employees. “Lee’s resume as a firefighter, driver-engineer and paramedic is impressive, …