** The highly-anticipated debt ceiling package House Republicans and President Biden announced on Sunday includes a provision fast-tracking a massive 303-mile West Virginia-to-Virginia natural gas pipeline project for approval. ** When the U.S. Supreme court recently ruled against the EPA and the Army Corps of Engineers in a Waters of the US fight, all but one conservative …
Category: General
Oklahoma’s Broadband Office moves quickly on spreading the word
Development of an updated broadband service map in Oklahoma could be finished in August. The state’s Oklahoma Broadband Office expects to know by the end of June just how much it will receive in funding from the federal government. Its leaders are in the process of holding meetings across the state reported NonDoc. One such …
Crude oil prices and OK energy stocks go hand in hand in Thursday’s losses
Not only did crude oil prices tumble Thursday but so did Oklahoma energy stocks with some falling 6% and 7% for the day. Crude took a hit after Russia’s Deputy Prime Minister Alexander Novak played down any prospects of more OPEC+ production cuts at the meeting scheduled for next week. U.S. benchmark, West Texas …
Legislator sees success in helping Cushing land $5.6 billion oil refinery
A “generational gamechanger.” It’s what Stillwater state Rep. John Talley said in response to this week’s announcement by Southern Rock Energy partners to choose Cushing as the site of the company’s planned $5.6 billion refinery. “The creation of this refinery is a generational gamechanger for Cushing and the surrounding north central Oklahoma community,” said …
Supreme Court gives victory to Idaho couple in their WOTUS fight
An Idaho couple who went all the way to the U.S. Supreme Court in a fight against the EPA and the Army Corps of Engineers over the Waters of the U.S. rule just came away with a victory—and the right to build their dream home near the shore of a lake. The justices basically …
Federal Judge rules against BP Energy in winter storm gas supply fight
A federal judge in Arkansas just ruled that “Force Majeure” is not a get out of jail free card for gas suppliers fighting lawsuits over the 2021 Winter storm that rocked Oklahoma, Texas, Kansas and Arkansas. The ruling applies in a $34 million lawsuit brought by Arkansas Oklahoma Gas against BP Energy Company for …
Devon Energy official updated Energy Workforce on company plans
Members of the Oklahoma Energy Workforce heard from Devon Energy’s Davis Harris, Executive Vice President and Chief Corporate Development Officer. The Energy Workforce and Technology Council reported on the meeting. Energy Workforce hosted David Harris, Executive Vice President and Chief Corporate Development Officer, Devon Energy Corporation, as keynote speaker at the Oklahoma Chapter luncheon last …
House failed to override Biden’s solar panel veto
Even though all five Oklahoma Representatives in the U.S. House stood locked in their support of resuming solar power tariffs against China and other Asia manufacturers, it wasn’t enough to override President Biden’s veto of a Congressional review Act. The House fell short this week of the required two-thirds majority on a 214-205 vote, …
Cushing picked for coveted $5.56 billion oil refinery site
A week after Southern Rock Energy and Prairie Energy announced a possible site in Texas for a $5.56 billion refinery was “less appealing,” the company announced it had chosen Oklahoma’s Cushing Hub for the site of the plant that will create 423 permanent jobs. Business leaders in Cushing are excited over the prospects as …
ONEOK leaders expect quick results from Magellan Midstream acquisition
Shareholders in ONEOK were told this past week their company’s nearly $19 billion acquisition and merger with Magellan Midstream Partners will see quick economic results. During the company’s annual shareholders meeting, Pierce Norton, President, Chief Executive Officer and Director said, “We see value and significant potential for enhanced customer product offerings and export opportunities.” …