When the Supreme Court ruled last week the EPA overstepped its authority in a WOTUS fight, conservative Justice Clarence Thomas not only supported the ruling but also indicated he felt the authority of the EPA should be gutted. “The Court’s opinion today curbs a serious expansion of federal authority that has simultaneously degraded States’ …
Category: General
Texas won’t ban Chinese from buying land in the state
Texas won’t ban Chinese citizens from buying land in the state. The House of Representatives in Austin has voted against passing such a proposed law out of committee. That means the legislation is effectively dead since the regular session of the Texas legislature ends this week. State Sen. Lois Kolkhorst, R-Brenham, originally filed Senate Bill …
How Texas turned away from supporting renewable energy projects
Texas legislators took a turn this year in their support for renewable energy projects—wind and solar. Their previous support created the number one renewable energy producing state in the country. But this year, legislators reversed their support and decided through legislation, to do more to support the fossil fuel industry that made the oil …
Devon pays $16 million for leases in BLM’s land sale in New Mexico
Devon Energy was one of the top spenders in a recent government sale of oil and gas drilling rights on 10,000 acres of federal lands in Kansas and New Mexico. The auction attracted more than $78 million in high bids and Devon was successful in obtaining drilling rights in New Mexico, the nation’s second-largest …
Vital Energy shareholders take part in annual meeting
Shareholders in Tulsa’s Vital Energy, Inc. took part in the company’s recent annual meeting of stockholders and upon recommendation of the firm’s board of directors elected four members to the board. Elected to the board were Dr. Craig M. Jarchow, Jason Pigott, Edmund P. Segner, III and Dr. Shihab Kuran along with John Driver. Shareholders …
Oklahoma DEQ to seek $7 million from feds for drinking water revolving fund
The Oklahoma Department of Environmental Quality is moving ahead with plans to seek more than $7 million in federal funding as part of the state’s 2024 Drinking Water State Revolving Fund Intended Use Plan and Project Priority Lists. The DEQ announced plans to hold a pubic hearing for comments on the draft proposal. It …
Rep. Lucas says Energy Department decision to revoke $200 million award raises more questions
House Science, Space, and Technology Committee Chairman Frank Lucas sent a fourth letter to the Department of Energy (DOE) regarding a grant to Microvast, a company with close ties to the Chinese Communist Party (CCP). Earlier, DOE communicated to Committee staff that Microvast would not be receiving the $200 million award as initially announced. While …
Crude oil made weak gain on Friday
Crude oil rose slightly on Friday, prior to the start of the Memorial Day holiday and did so because of confusion from Russia and Saudi Arabia ahead of the coming OPEC+ policy meeting. West Texas Intermediate crude rose 84 cents or 1.2% to close at $72.67 a barrel on the New York Mercantile Exchange. Global …
AG Drummond says Supreme Court made the right call in WOTUS fight with EPA
Attorney General Gentner Drummond lauded the U.S. Supreme Court’s 5-4 ruling yesterday in Sackett v. EPA, a decision that limits the authority of the Environmental Protection Agency. At issue was the EPA’s Waters of the United States (WOTUS) rule that had been opposed by Oklahoma and other states. “I am pleased the U.S. Supreme Court has …
Oil and gas rig numbers continue a free fall in Oklahoma and the U.S.
The nation’s oil and gas firms cut another 9 rigs from their active list reported Baker Hughes Co., a drop that included 7 more in Oklahoma as the state’s rig count fell to 46 and more were put in storage. Baker Hughes indicated Oklahoma’s count is 13 fewer than one year ago. Nationally, the …