The Biden administration’s plans to list the lesser prairie chicken as a “threatened” species prompted Kansas Attorney General Kris Kobach to say he will file suit over the move. Kobach contends the administration’s move is not only illegal but potentially devastating to landowners and businesses in Kansas reported the Kansas Reflector. The decision by …
Category: General
Court rules against drilling permits around Chaco tribal sites in New Mexico
The Tenth U.S. Circuit Court of Appeals ruled in support of environmentalists who challenged the government decision to grant 200 drilling permits around New Mexico’s Chaco Culture National Historical Park. The Denver-based court said the U.S. government failed to consider the cumulative effects of greenhouse gas emissions from the drilling. A three-judge panel ruled …
Magellan Midstream forecasts jump in crude oil transportation from Permian to Houston
Crude oil flows from the Permian Basin will move toward Houston as shale production increases and lines are filled connecting the basin to export hub Corpus Christi according to a prediction by Tulsa’s Magellan Midstream Partners LP. The company’s own fourth quarter transportation grew by 47% to more than 65 million barrels according to …
Gas cars cheaper than EVs per new study
A new study by Anderson Economic Group contends that in 2022, it was cheaper to drive a gasoline-powered car compared to an electric vehicle. 2022’s final quarter brought relief at the pump for drivers of traditional Internal Combustion Engine (ICE) vehicles as the cost to drive 100 miles dropped by more than $2. With …
Kansas makes deal for $1.8 billion semi-conductor plant
(Integra president and CEO Brett Robinson joins Gov. Laura Kelly) Just as Kansas beat Oklahoma last year in the competition to land a $4 billion Panasonic electric vehicle battery plant, Kansas just made another megadeal with a computer chip manufacturing firm. This time, the state approved $304 million in tax incentives over 10 years to …
Crude oil prices dropped Thursday—so did OK energy stocks
A strengthened dollar made crude more expensive for overseas buyers, thus causing crude oil prices on Thursday to settle lower. West Texas Intermediate crude dropped 53 cents or 0.7% to $75.88 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude fell 67 cents or 0.8% to settle at $82.17 a barrel on …
Report shows decline in US rig count
The latest U.S. rig count reported by Enverus Foundations showed a drop of five or 1% in the past week. It included a decline of four rigs to 73 in the Anadarko Basin. The U.S. rig count reached 867 during the week ended Feb. 1, falling by five from the previous week, according to …
Lankford blames WOTUS fight on Biden’s climate-change extremism
Oklahoma U.S. Sen. James Lankford is among those doubling down in the fight against the Biden administration’s new definition of WOTUS rules. And he’s blaming the fight on the President’s climate-change extremism. He joined Sen. Shelley Moore Capito, Republican from West Virginia in introducing a formal challenge to the rule through a Congressional Review …
Big revenue gains for ConocoPhillips
Not only did ConocoPhillips see a major gain in fourth-quarter 2022 earnings, but its full-year earnings were more than double the previous year. The company reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share, compared with fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share. Excluding special items, fourth-quarter 2022 adjusted …
Lucas and Comer want to know more about Russian hacking attempt at US labs
Oklahoma Congressman Frank Lucas along with Kentucky Rep. James Comer figure it’s about time Energy Secretary Jennifer Granholm comes clean on how three DOE National Laboratories were targeted by a Russian hacking team last summer. Lucas and Comer wrote a letter wrote a letter to Granholm calling for all documents and communications related to …