The federal government reports the nation’s production of renewable diesel fuel surpassed biodiesel production for the first time since 2011. The U.S. Energy Information Administration, in its January 2023 Petroleum Supply Monthly stated that renewable diesel production in November 2022 averaged 113,000 barrels per day (b/d), a 38,000 b/d (51%) increase from November 2021 and …
U.S. Senator Markwayne Mullin (R-OK), a member of the Senate Armed Services Committee, highlighted the importance of American energy independence during a hearing this week about global security challenges and strategies During his remarks, Senator Mullin questioned the Biden Administration’s readiness regarding threats of energy warfare and emphasized how the United States must use domestic production to …
The national charging network that the Biden administration wants across Oklahoma and the rest of the nation will have some new requirements. Final rules were announced this week, requiring that the chargers will be manufactured in the U.S. and more than half of the cost will come from U.S. made components by next year …
** Transportation Secretary Pete Buttigieg finally issued a statement on the train derailment (which has since developed into a toxic chemical environmental disaster) in Ohio on Monday evening — but as his statement came a full ten days after the derailment occurred, critics were less than impressed with his response. ** A report from nonprofit group Local Solar for …
Something new at OK Energy Today. Starting this week, we are partnering with Oklahoma political analyst Scott Mitchell in his weekly podcast of “Mitchell Talks Energy.” I’ll be joining Scott every week to discuss some of the latest events regarding energy, whether it’s the politics of it on Capitol Hill or the State Capitol, to …
Oil futures were flat to lower on Wednesday and Oklahoma energy stocks were about the same as investors continued their worries whether rising interest rates might slow the nation’s economy and cut fuel demand. West Texas Intermediate crude for March delivery dropped 47 cents or 0.6% to $78.59 a barrel on the New York …
Broken Arrow voters approved a 25-year renewal of the city’s franchise with Public Service Company of Oklahoma (PSO) on Tuesday. With 100% of the vote counted, unofficial results show franchise renewal passed with a majority of more than 68%. The franchise gives PSO the right to use city streets, alleys and rights of way …
The Oklahoma Supreme Court says an Oklahoma County District Court Judge was wrong in dismissing a lawsuit against oil and gas company Ovintiv Mid-Continent, Inc. because a deadline was missed. In a ruling this week, the Justices reinstated Ovintiv in the lawsuit brought in 2018 by Mwande Serge Kpiele-Poda whose legs were crushed while …
Just as if we needed more to worry about as our lives are already filled with the thoughts of spy balloons floating overhead, COVID, a politically divided nation, and TOP SECRET documents found where they shouldn’t be…..now comes along the prospects of EVs being hacked? It’s what the Wall Street Journal wrote about this …
Legislation to modify the formula for determining motor vehicle excise tax on vehicle purchases passed unanimously this week in the House Appropriations & Budget Subcommittee for Finance. House Bill 1389 is authored by Rep. Steve Bashore, R-Miami, who ran similar legislation last session. “This is a pro-consumer bill that figures excise tax on new …
