New Mexico farmers and ranchers who filed suit against a company that caused Colorado’s Gold King gold mine environmental disaster in 2015 lost their case this week with the federal appeals court in Denver, Colorado. The dozens who filed suit against Environmental Restoration, LLC, a firm hired by the EPA to do the excavation …
Category: General
GOP Senators say Biden–not Putin is to blame for high gasoline prices
Led by Oklahoma U.S. Sen. James Lankford, Republican Senators on Wednesday bashed President Biden and blamed him for the rising gasoline prices that have smacked Americans where it hurts. “He knows the math on this,” said Lankford during a Capitol Hill news conference where he said Putin’s war against Ukraine is not to blame …
Rising gasoline costs hit Oklahomans
Gasoline prices rose this week to more than $4 a gallon average in Oklahoma while nationally, the new average as of Wednesday hit $4.56 a gallon. One county in southeast Oklahoma has an average of $4.48 per gallon as rising prices means it costs more to fill up at the pump. The American Automobile …
June oil output in Permian could hit record production
A new government forecast says oil output will increase to record levels in the Permian Basin in Texas and New Mexico while production will also grow in Oklahoma’s Anadarko Basin. In its Productivity Report this week, the U.S. Energy Information Administration said the Permian Basin will see its production in June rise 88,000 barrels …
US and World energy headlines
** A federal study concludes that distributed wind capacity could meet more than half of the country’s current annual electricity use. ** Baker Hughes announced that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 10, 2022 to holders of record on May 31, 2022. ** An Arkansas court issues a ruling generally …
Kinder Morgan plans to transport more natural gas out of Permian
Another effort was announced this week to move more natural gas out of the Permian Shale basin with the announcement by Kinder Morgan. The firm said it planned to expand the Gulf Coast Express pipeline. Click here for Reuters
Crude oil slipped Tuesday while OK energy stocks had another strong showing
While U.S. Senators used a hearing with Canadian officials to point out how the Biden administration intends to buy oil from U.S. enemies rather than from Canada, the Biden administration began easing sanctions on Venezuela. As a result, crude oil prices dropped in Tuesday’s trading. Reports indicated the easing of sanctions is being carried …
Canadian officials tell Senators–Keystone XL was needed
President Biden’s cancellation of the Keystone XL pipeline came up Tuesday during a U.S. Senate hearing that featured Canadian officials who said, yes, the cancellation worsened supply chain issues between the two countries. Sen. James Lankford was among those on the Senate Energy and Resources Committee who took part in the hearing that was …
Sooners are named national champs in geothermal competition
We’re not sure if it includes a banner to hang somewhere on campus, but the OU Sooners are national champs again. The University of Oklahoma won the U.S. Department of Energy 2022 Geothermal Collegiate Competition, an annual event that prepares students to lead the next generation of geothermal energy development. The Sooners Geothermal Team walked off with $10,000 …
Appeals court sets arguments date in Oklahoma lawsuit over social cost of carbon metric
Arguments in the 2021 lawsuit brought by Oklahoma and 12 other states challenging the Biden administration’s social cost of carbon metric will be heard in June before the U.S. Court of Appeals for the 8th Circuit. The court in St. Louis will hear arguments June 16 after a federal judge ruled last year against …