The Biden administration did it…implementation of a 20-year withdrawal banning oil and gas development outside the boundaries of Chaco Culture National Historical Park in northwestern New Mexico. Interior Secretary Deb Haaland announced the action Friday saying it is intended to protect cultural and historic resources that tribal communities consider sacred. The order will apply to public lands and …
New Mexico took a recent step to protect schools from oil and gas exploration. Land Commissioner Stephanie Garcia Richard issued an executive order to ban all new oil and gas leases on state trust land with one mile of schools and other educational institutions. The order applies to day care centers, preschools and sports …
The State Supreme Court handed a victory to the Oklahoma Turnpike Authority in the legal fight with a group of Norman residents fighting a proposed turnpike route their their neighborhoods. The Oklahoman reported the court ruled the Authority did not violate Oklahoma’s open meetings law in February 2022 when it withheld route details of …
Oklahoma Congressman Josh Brecheen laid out his reasons Thursday for voting against the debt limit deal reached by House Speaker McCarthy with President Biden. One of his reasons? “This deal leaves in place green energy tax credit subsidies that will cost taxpayers $1.2 billion over the next decade, while pushing natural gas utilization aside,” …
Ever since he became chairman of the House Science, Space and Technology Committee, Oklahoma congressman Frank Lucas has become involved in a long list of topics ranging from weather data, to withheld energy information at the White House. This week, he and Texas U.S. Sen. Ted Cruze sent a letter to the U.S. Government Accountability …
Both the U.S. and Cushing hub reported gains in the total of crude oil in storage in the past week. The U.S. total grew by more than 4 million barrels of oil, reaching a total of 459.7 million barrels, reported the U.S. Energy Information Administration. It had been 455.2 million as of May 19. …
Thursday’s gains in crude oil prices amounted to about 3% and took Oklahoma energy stocks on the climb as well with some stocks seeing 6% gains for the day. The crude oil gain came ahead of this weekend’s OPEC+ meeting on Sunday. U.S. West Texas Intermediate crude (WTI) rose $2.01, or 3%, to settle …
Shareholders in Tulsa’s Unit Corporation got the news this week they were being awarded a quarterly dividend, just as the company announced in January. The company’s Board of Directors announced Thursday the dividend would total $2.50 per share of common stock for the second quarter of 2023. The dividend will be paid on June …
** A draft study led by Columbia University climate scientist James Hansen suggests that the recent rise in temperatures doesn’t come from greenhouse gases at all, but from the reduction in sulfate aerosols since the early-2000s. ** In the final hours of their spring session last week, lawmakers approved a controversial measure that would give existing power …
The Biden administration’s latest big green spending project is $161 million to restore ecosystems on federal lands in 11 Western states including New Mexico and Colorado. Twenty-one sites, described as restoration landscapes, were chosen by the Bureau of Land Management, headed by Director Tracy Stone-Manning. “We worked hard to identify areas where restoration investments …
