Category: General

Biden warns ‘code red’ for climate in US

  It was at the National Renewable Energy Lab in Golden, Colorado where President Biden warned it is a critical time for the U.S. in the fight against climate change and a clean energy future. Biden paid his first presidential visit to Colorado on Tuesday. “We’re blinking code red as a nation,” he warned while …

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Democrats’ centerpiece clean electricity climate plan approved by House Committee

  Republicans on the House Energy and Commerce Committee argued against the centerpiece climate change policy of Democrats infrastructure and social spending reconciliation package but in the end, the committee approved the plan that is seen as a push away from the dependence on fossil fuels. The committee, of which Oklahoma Congressman Markwayne Mullin is …

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Crude oil inventories decline at Cushing Hub

  U.S. crude supplies continue their fall according to reports issued by the government and the American Petroleum Institute. The decline included the amount of crude oil held in storage at the Cushing hub in northern Oklahoma. Supplies nationwide dropped by 6.4 million barrels for the week ended September 10 reported the U.S. Energy Information …

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New drilling extends across Oklahoma

  Regulators approve more permits to drill across the state as the oil and gas industry continues its expansion following a retreat caused by the COVID-19 pandemic of 2020. Beckham County will see drilling by Unbridled Resources LLC which received a permit fore the BLEVINS 16X9-11-26 #1HC, a well to be drilled only a few miles …

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Oklahoma oil leader attacks “coastal elites” over energy policies

  The coastal elites now crafting U.S. budget, tax and social policy are making a terrible error in betting on OPEC+ instead of the hardworking Americans in petroleum-producing states writes Brook A. Simmons, President of the Petroleum Alliance of Oklahoma in Wednesday’s Daily Oklahoman. Writing as a guest columnist in the newspaper, Simmons called it …

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Tax collections reflect improved oil and gas industry in Oklahoma

  As another sign of a rebounding oil and gas industry in Oklahoma, the state reported this week a 20% increase in general revenue fund collections for the month of August. Collections totaled $541.6 million or $91.2 million more than the monthly estimate reported the McCarville Report.   Click here for McCarville Report.

Hyundai partners with two Texas companies over reusable EV batteries

  Hyundai and two Texas companies announced the formation this week of a partnership to test whether spent-up electric vehicle batteries can be reused. The Korea Herald reported the testing will focus on ESS, a giant battery that stores leftover electricity from renewables such as solar and wind power. Click here for Korea Herald.   …

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Oklahoma regulators review winter gas supply plans of state utilities

Oklahoma Corporation Commissioners spent time this week hearing from utility leaders discuss their plans to make sure they have adequate natural gas supplies in the approaching winter. Regulators and utilities don’t want to face another cold hard winter and challenging gas supply issues like the state experienced in February. Click here for more from Stillwater …

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Wind farm moratorium adopted by County Commissioners at Hutchinson, Kansas

  Reno County Commissioners in Hutchinson, Kansas stunned wind farm advocates and opponents by adopting a moratorium on the development of commercial wind farms through the end of the year. The move was made as a lawsuit filed last year by NextEra Energy against the county is pending in the Kansas Court of Appeals. The …

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Energy news in brief

**  Hurricane Nicholas on Tuesday took another swipe at U.S. Gulf Coast energy facilities, cutting offshore oil and gas output gradually recovering from the last storm and disrupting power to onshore pipeline, gas and chemical plants. ** In 14 years’ time, no fossil fuel-powered vehicles will be sold in New York anymore. The state has passed a new law …

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