Oklahoma remains among the 10 states with the lowest gasoline price average as the President’s release of oil from the Strategic Petroleum Reserve helped send global oil prices falling. AAA Oklahoma reported the state’s new average is $3.74, down 7 cents from a week ago and 20 cents cheaper than one month ago. The …
Category: Gasoline Prices in Oklahoma
Attorneys General want EPA to allow sale of E15 to trim gas prices
Attorneys General in Kansas and Iowa are asking the Biden administration to lift its summer ban on gasoline with higher ethanol blends as the President’s effort to lower prices at the fuel pumps. Kansas Attorney General Derek Schmidt and Iowa Attorney General Tom Miller joined congressional leaders, farmers and biofuels groups in making the …
Lankford reminds Democrats who is really responsible for high gasoline prices
While Democrats plan a House committee hearing this week continuing their accusations that the oil and gas industry is reaping huge profits and gouging Americans at the gas pumps, Oklahoma Sen. James Lankford accuses Democrats of avoiding their own responsibility for high prices. It’s what he wrote about in a recent column entitled: Democrats …
Oil leaders to face the heat Wednesday before Congress
This is the week that Devon Energy’s Richard Muncrief is to join other oil and gas industry leaders in facing the heat from Democrats on the House Energy and Commerce Committee. The Democrats plan a Wednesday morning hearing entitled “Gouged at the Gas Station: Big Oil and America’s Pain at the Pump,” a hearing …
Biden blasted by Cole and Lucas over latest Strategic Petroleum release
President Biden’s latest move to release 180 million barrels of oil from the nation’s Strategic Petroleum Reserve in an attempt to lower gasoline prices was heavily criticized by Oklahoma Congressmen Tom Cole and Frank Lucas. “President Biden’s decision to release more oil from the Strategic Petroleum Reserve is misguided, reckless and completely irresponsible. Yet …
Gas Prices Relief Act filed by caucus members
U.S. Sen. Roger Marshall of Kansas was joined this week by House members in filing what they called the Gas Prices Relief Act, legislation aimed at protecting Americans from what was referred to as President Biden’s anti-energy agenda. “The American people can’t afford to fill up at the pump, and there’s no question about it – …
Tesla pushes project to avoid unreliable electric grid in Texas
Tesla isn’t so sure about the dependency of the electric grid in Texas so it planning what is described as a Megapack project at Gigafactory Texas in Austin. Electrek reports the project will complement its planned giant solar system and launch the operation during its Cyber Rodeo event next week. Click here for Electrek. …
Inhofe points to Biden for higher gasoline prices
Even though he’s retiring after a long stint in the Senate, it doesn’t mean Oklahoma U.S. Sen. Jim Inhofe doesn’t want to hold the Biden administration responsible in part for high gasoline prices. During a hearing this week of the Environment and Public Works Committee, the Senator was pointed in his questions of witnesses …
Prices at the pumps are slowly falling in Oklahoma
Gasoline prices are slowly sinking in the U.S. and Oklahoma with the national average at $4.25 a gallon and Oklahoma’s average down to $3.78 per gallon. The American Automobile Association reported Wednesday the state’s average had fallen 4 cents in the past week but was still 57 cents higher than a month ago. The …
Other energy headlines
** High gasoline prices are already impacting demand, according to one energy expert. “Above $4 per gallon, you do see the American public change their driving habits. And we do actively see demand destruction,” Regina Mayor, global head of energy at KPMG, told Yahoo Finance Live. ** The White House is still trying to find a plan to lower …