Attorney General John O’Connor is joining a coalition of 25 states, led by Louisiana Attorney General Jeff Landry, in opposition to President Biden’s proposed rule to the Pipeline and Hazardous Materials Safety Administration (PHMSA) that would prohibit liquefied natural gas (LNG) from being transported by rail car in the United States. The coalition …
Category: General
Rep Cole—Wake up America!
In another critical response to President Biden’s handling of the impact of Russia’s war with Ukraine, Oklahoma congressman Tom Cole is urging the President to reverse his anti-American energy policies. He says America is asleep at the wheel over the Russian invasion of the European country. The Republican Representative said Biden has the ability …
Oklahoma offers $15 million incentive to EV maker
A report by The Frontier indicates the state of Oklahoma is committing $15 million to EV manufacturer Canoo in its construction of its new plant near Pryor. The website says the commitment is part of a nearly $300 million incentive package to attract thousands of new tech and manufacturing jobs to the state. Click …
Devon leader puzzled over White House inaction
“I’m a little mystified that there hasn’t been some dialogue.” In a frank discussion about energy, inflation and rising crude oil and gasoline prices, Devon Energy leader Rick Muncrief admits he is puzzled the White House hasn’t reached out to the oil and gas industry rather than vilifying it. In an interview this week in …
US crude climbs above $100 while gas prices increase in Oklahoma
The American Automobile Association headline on its story about gasoline prices characterized things as reflecting “war’s dark uncertainties” and it was right. As Russian forces pushed forward in their deadly invasion of Ukraine, crude oil prices as of Tuesday morning in the U.S. had risen nearly $8 or more than 8% per barrel, reaching …
Oklahoma and others fight EPA’s new tailpipe emissions standards
The Environmental Protection Agency finds itself under more legal fire, being sued by Texas, Oklahoma and other states over the tailpipe emissions directive the agency issued in December 2021. Attorney General Ken Paxton in Texas led the 14-state coalition, calling the new tailpipe rules “unnecessary” that “will create a deliberate disadvantage to Texas and …
Williams executives to speak at energy gathering
The CEO of Williams will be among the world’s energy industry leaders to speak at the approaching 40th annual CERAWeek by IHS Markit in Houston, Texas Alan Armstrong, President and Chief Executive Officer will address delegates on Wednesday, March 9, speaking on Building Energy Infrastructure for Tomorrow. The session will address the future of energy …
Texas pipeline operator sues over California coastal leak
A Houston-based oil company on Monday sued two container ship operators and an organization that helps oversee marine traffic, saying they failed to prevent last fall’s underwater pipeline leak off the Southern California coast. Amplify Energy Corp., which owns the pipeline that ruptured and faces a criminal charge for its oversight, claims that in …
Phillips 66 sets new goal for reduction of greenhouse gas emissions
Phillips 66 announced that it intends to reduce the greenhouse gas emissions intensity from its operations companywide 50% by 2050. The new target builds upon the company’s previously announced Scope 1 and 2 GHG emissions reduction targets. “We are committed to being part of the solution and helping the world address climate change,” said …
Gulfport Energy reports improved 4Q earnings and focus on the Utica
A restructuring at Oklahoma City-based Gulfport Energy led to $558.1 million in fourth quarter 2021 net income and $224.9 million of adjusted EBITDA. The company said its operations during the quarter generated $128.3 million net cash and $133.9 million of free cash flow. It compares to $126.3 million of net cash flow and $69.7 …