The stage is set for President Biden’s first rejection of a GOP-controlled House measure, one that targets his ability to use the nation’s Strategic Petroleum Reserve for what Republicans say has been political purposes. The House on Thursday voted 221-205 in support of legislation to restrict his ability to release oil from the U.S. …
Category: General
Headlines of other stories
** The Biden administration announced that it would complete a 20-year withdrawal of 225,504 acres in a northern Minnesota forest area that is home to some of the largest domestic critical mineral reserves. ** U.S. natural gas futures dropped 4% to a 20-month low despite a big weekly storage draw, as forecasts called for milder …
Colorado utility bills soar while regulators admit they’re helpless
“I can’t remember seeing this level of pain in the consumer community since the 1970s .” It’s what Colorado Public Utility Commissioner John Gavan said recently about the spiking energy bills in his state. He admits there isn’t much his state agency can do about it because colder weather and higher gas prices are …
Devon Energy expands grant program
Devon Energy has opened applications for its 2023 grants to support organizations advancing diversity, equity and inclusion (DEI) across its operating areas. “We want to help address inequality and champion diversity in the communities where we live and work,” said Christina Rehkop, director of community relations for Devon. “Devon is expanding its Inclusion and …
GOP House members demand EPA rescind WOTUS
Four members of the Oklahoma delegation in the U.S. House signed onto a a letter blasting the Biden Administration for its premature and reckless “waters of the United States” final rule. Reps. Stephanie Bice, Tom Cole, Kevin Hern and Frank Lucas signed the letter that demanded the EPA and the Army Corps of Engineers rescind …
High utility bills led to phone threats and lockdown of city hall in Deming, New Mexico
Winter utility bills in one New Mexico city have risen so high that it resulted in the city offices in Deming being locked down for security purposes following telephone threats. The city offices in the city of 6,000 received threats over high utility bills prompting the lockdown on Wednesday reported the Albuquerque Journal. Click …
Friday saw a drop in crude oil prices and most OK energy stocks
Crude oil prices fell on Friday and Oklahoma energy stocks also had a weak day in trading. The fall in prices meant they wrapped up the week with a flat to lower finish, thanks to reports a strong Russian oil supply offset U.S. economic data that was better-than-expected. West Texas Intermediate crude dropped 1.6% …
Billionaire Bill Gates wants to stop cows from farting
Maybe Bill Gates got his advice from AOC, the congresswoman who blamed part of climate change on farting cattle. Gates is now investing money in an Australian climate tech company focused on livestock methane emissions reports Popular Mechanics. Click here for Popular Mechanics
Freeport LNG gets approval to restart operations
Federal regulators have given approval for Freeport LNG to restart its idled LNG export plant in Texas but it still might be March before production is underway. The LNG company’s plant has been barred from resuming production following a pipeline explosion in June of 2022 reported Reuters. Click here for Reuters
Crude oil made gains in Thursday’s trading but OK energy stocks had a weak day
Thursday’s trading resulted in a nearly 2% gain for crude oil prices after top oil importer China reopened its economy. Oklahoma energy stocks had another weak day. West Texas Intermediate crude went up 86 cents or 1.1% and settled at $81.01 per barrel on the New York Mercantile Exchange. Global benchmark Brent crude rose …