Category: General

Gasoline prices retreat but remain higher than in March

  Recent slumps in the price of crude oil caused by growing concerns over a world recession combined with COVID-19 lockdowns in Shanghai might be responsible for a slight dip in gasoline prices in the past few days. Otherwise, Oklahoma and U.S. gasoline prices continued to hold fairly steady, according to AAA. Nationally, prices dropped …

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Discussions grow serious of a ban of gas-powered lawn mowers in Colorado

  A movement started by California to ban sales of gas-powered home lawn mowers might be catching on in Colorado. The Colorado Sun reports some draft policies are circulating at the state’s Regional Air Quality Council to ban such sales of lawn mowers, trimmers and leaf blowers in the Denver metro beginning in 2025. The …

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Cushing Hub recorded another drop in crude oil storage

  The total of crude oil held in storage at the Cushing Hub in northern Oklahoma continued to decline over the past week according to the U.S. Energy Information Administration. The EIA reported Cushing’s total dropped from 32.8 million barrels on April 14 to 33.1 million barrels as of April 21, 2023. It compared to …

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What an unfunded EPA mandate means for Oklahoma City

  Critics of federal government overreach often cite “unfunded mandates” forced upon states and local municipalities. One such unfunded mandate is one from the Environmental Protection Agency which forced Oklahoma City to implement a monthly drainage fee beginning in 1995. As a result, every month, when water bills are sent to Oklahoma City residents, part …

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Oil and gas revenue surge boosts New Mexico revenues

  In a state where its Democratic governor and legislature leaders try their best to put the oil and gas industry under “green energy” control, New Mexico just reported a record $8 billion in state revenues last year. They also are quick to admit it was largely due to the booming oil and natural gas …

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Colorado Attorney General fights oil train project

  Colorado Attorney General Phil Weiser joined the fight against a proposed Utah rail project that would result in trains carrying crude oil through western Colorado and to the Denver metro area. Weiser sent a letter to U.S. Transportation Secretary Pete Buttigieg asking him to revoke the permit for the 88-mile Uinta Basin Railway that …

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Interior Secretary encounters intense questioning by Wyoming congresswoman

  Interior Secretary Deb Haaland faced something of an intense grilling recently in a congressional hearing. It occurred during a hearing of the House Natural Resources Committee. Wyoming GOP Congresswoman Harriet Hageman put Haaland on the spot with a question about “energy poverty,” to which Haaland replied she didn’t understand the term. The exchange led …

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NextEra Energy beats 1Q estimates with more than $1 billion in net income

  NextEra Energy, the company with a major investment in wind farms in Oklahoma, had another profitable quarter as it reported net income of $1.1 billion. The Florida-based company has 15 operational wind centers in the state with a $5 billion investment. In the first quarter of 2023, the company’s revenue rose to $6.72 billion …

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Right of First Refusal debate grows in other states

  The debate over an effort in the Oklahoma legislature to expand the state’s Right of First Refusal law grew to a whimper last month when one of two remaining bills was amended and stronger ROFR rights were removed. Still, Oklahoma has a ROFR law and is one of 11 states with such an act. …

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Siemens opens EV charger plant in Dallas suburb

  Carrollton, Texas, a north Dallas suburb is the home of a new Siemens manufacturing plant where electric vehicle chargers will be built. The German-based company, one with wind manufacturing operations in Hutchinson, Kansas and in Iowa, said the plant is the company’s second U.S. manufacturing facility for EV chargers reported WFAA TV  in Dallas. …

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