A witness testifying before a Senate Committee hearing this week told Oklahoma U.S. Sen. Jim Inhofe there’s no doubt that if the Biden administration denies small refinery exemptions from biofuels mandates, it will result in even higher gasoline costs. It’s what LeAnn Johnson Koch, Partner, Perkins Coie, LLP told the Senator during a hearing …
Category: General
More energy headlines
** Republican U.S. Bill Cassidy of Louisiana said on Wednesday he is blocking President Joe Biden’s nominees for environmental regulatory positions in a bid to win permission for his state to regulate storage of the primary gas blamed for climate change. It will prevent Senate floor votes on nominees at the Environmental Protection Agency. ** Colgate Energy, …
Marathon moves to cash returns over increased oil production
While some Oklahoma oil and gas operations intend to pour more funds into new exploration, one operator in the state isn’t doing the same. It’s what Marathon Oil announced this week, stating it will spend $1.2 billion on capital projects in 2022 which is about a 20% increase from last year’s level. The company …
Blackrock faces pushback in Texas over previous anti-oil and gas comments
BlackRock Inc., a major investor in oil and gas operations across the U.S. including those in Oklahoma is trying to persuade Texas pension fund operators it’s not as anti-oil-and-gas as it sounded in the past. The New York City-based company, the world’s largest asset manager with $10 trillion in assets under management as of …
Drag queen to run Department of Energy’s nuke waste program
No, that’s not something out of Hollywood. It’s a picture of a top energy department official in the Biden administration. Drag queen Sam Brinton has been hired as deputy assistant secretary of spent fuel and waste disposition in the office of nuclear energy for the Department of Energy. This is the very subject—nuclear waste—that drew the …
US Senator to address water contract ceremony
Sen. Jim Inhofe will give remarks at the City of Enid and Army Corps of Engineers Kaw Lake Water Storage contract signing ceremony on Friday in Tulsa. The Senator’s office said the contract was made possible due to a provision Inhofe authored in Water Resources Development Act of 2020. Read more about this provision here. WHO: Sen. …
Crude oil rebounds as Europe remains nervous over Ukrainian crisis
Crude oil prices rebounded in Wednesday’s trading as the Western World wonders if Russia really is pulling some troops back from the border of Ukraine or simply pulling a stalling tactic. Prices went up more than 1% as investors wondered about the validity of reports that there had been a withdrawal of some Russian troops. …
OERB announces Top Ten teachers award program
The Oklahoma Energy Relations Board announced this week a program to honor teachers. Called the Top Ten Teachers of 2022, the OERB said there’s nothing more important to our future than our teachers. It plans to honor the state’s exceptional teachers and each of the top ten will receive $5,000 and another $2,000 will …
Devon’s Muncrief—just getting started
For Oklahoma City’s Devon Energy, 2021 was a record setting year. But Rick Muncrief, Devon’s President and CEO says the company is just getting started. It’s what he told a conference call this week where leaders of the energy company discussed the quarterly financial results. “While 2021 was a record year, we’re only getting …
Rep. Lucas named a “Champion of Science”
Oklahoma Congressman Frank Lucas was recently honored by the nonprofit The Science Coalition when it named him a 2022 Champion of Science. Lucas is the Ranking Member of the House Committee on Science, Space and Technology. The Science Coalition is a nonpartisan organization of more than 50 of the nation’s leading public and private research institutions. The …