Oh oh. Gasoline prices might take a jump following the shut down of an Exxon Mobil Corp. refinery for unexpected repairs. It happened at Exxon’s Baton Rouge, Louisiana refinery, one of the largest in the nation and the shutdown could last for much of the rest of the summer driving season according to a …
A 2% jump in crude oil prices was recorded Monday due to tightening supplies and increasing U.S. gasoline demand, while Oklahoma energy stocks rebounded as well with at least one firm seeing a 6% gain for the day. Crude prices reached nearly a three-month high according to Reuters. West Texas Intermediate rose $1.67 or …
Cleanup from the Friday morning 90-mile an hour wind blast that derailed 29 cars of a Burlington Northern Santa Fe train near Fairmont in northern Oklahoma could be complete by Tuesday. No injuries were reported in the early morning incident and hazardous chemicals were not involved. Fairmont Fire Chief Joel Eggers indicated trains …
A bus and transportation company based in Indianapolis plans to open a new operation in Duncan, creating 15 to 20 new jobs. The Journal Record first reported the announcement by Model 1, a company that represents more than 20 top commerial vehicle manufacturers nationwide. In Duncan, the company said it will invest in a …
If Colorado U.S. Rep. Diana DeGette, a Democrat, gets her way, fracking will be regulated by the federal government. She sits as the top Democrat on the U.S. House Energy, Climate and Grid Security subcommittee and introduced legislation this week to regulate hydraulic fracking. Oklahoma no longer has a member on the full Energy …
New Mexico political and energy leaders are being urged by the Albuquerque Journal to waste no time in moving toward creation of a Hydrogen Hub, one very similar to Oklahoma’s proposed hub with Arkansas and Louisiana. In a recent editorial, the newspaper said,”The time is now for New Mexico to move toward a new …
Your water heater is the latest target of the green-energy focused Biden Administration. The President’s Department of Energy unveiled energy efficiency standards on water heaters that it contends would save consumers $11.4 billion a year on energy and water bills. Such standars are required by Congress but haven’t been updated in 13 years. …
The federal government’s bailout of banks caught up in the Silicon Valley financial crisis prompted Oklahoma Attorney General Gentner Drummond to lead several other attorneys general in urging the FDIC to reverse its course. Just a week after Drummond announced Oklahoma would perhaps file the largest lawsuit in state history in seeking billions over the …
Oklahoma’s Department of Transportation announced the next step in building a statewide electric vehicle charging network. ODOT stated that it officially opened a Request for Proposals (RFP) for the implementation of the U.S. Department of Transportation, Federal Highway Administration National Electric Vehicle Infrastructure Formula Program Funding. Interested parties can submit proposals for funding consideration …
While the Wynnewood refinery in Oklahoma is fighting the EPA over biofuels production mandates, the EPA is hit with a lawsuit filed by an environmental group which contends the US biofuel program is killing endangered species and harming the environment. CVR Refinery recently indicated it would fight the EPA’s rejection of waivers for the …
