The three top Republicans on the House Energy and Commerce Committee are asking Democrats in control of the committee not to single out Texas and its power crisis over the February winter storm. If they get their wish, Oklahoma and other states also hit hard by the storm could fall under examination how they …
Energy news in brief
** A new lawsuit by Native American and conservation organizations is calling on the Interior Department to put a five-year block on all federal waters leasing for offshore oil and gas development. ** Katherine Tai won unanimous Senate approval to be the next U.S. trade representative on Wednesday, paving the way for her to tackle some of the …
Conservation groups sue Colorado to stop oil and gas drilling
The state of Colorado’s Air Pollution Control Division was sued this week by conservation groups over the division’s issuance of an air-pollution permit that could allow thousands of new oil and fracked gas wells in the state. The permit fails to consider whether air pollution from oil and fracked gas wells will create …
Drilling moratorium declared by northern Colorado county
The leaders of a northern Colorado county took steps this week to stop the permitting of oil and gas and land use applications until the middle of April while revised regulations are handled. Larimer County Commissioners halted the “1041” land use applications until April 15. All three are Democrats and voted 3-0 in support …
ONEOK’s annual meeting date set
The 2021 annual meeting of ONEOK, Inc. has been set for late May according to an announcement by the company. The virtual meeting only will be held at 9 a.m. Central Daylight Time on May 26. It will be virtual in keeping with the continued COVID-19 precautions taken by ONEOK. The company announcement stated …
AG Hunter joins lawsuit against Biden over Keystone Pipeline
Oklahoma joined several other states this week in suing the Biden administration over his decision to revoke a key permit for the Keystone XL pipeline, a move that in effect killed the line and left thousands out of work. Attorney General Mike Hunter joined the lawsuit that was filed in the United States District Court …
Crude oil prices rebounded in Tuesday’s trading
Crude oil prices bounced back after three days of losses at the end of Tuesday’s trading. Oklahoma energy prices responded with increases in some cases and losses in others. West Texas Intermediate crude for April delivery went up 18 cents to $61.67 a barrel. Global benchmark Brent crude for April delivery rose 13 cents …
Senator pushes to keep US independent for energy and minerals
Even as the Biden administration takes steps that oil and gas supporters contend will increase the nation’s reliance on foreign energy supplies, a US Senate committee this week held a hearing examining ways to reduce the country’s reliance on foreign supply chains and increase US manufacturing. Oklahoma Sen. James Lankford took part in the …
SEC considers asking companies about climate related risks
With a growing focus from financial institutions on climate change, another government agency is considering applying more pressure for companies to reveal their climate-related risks. The Securities and Exchange Commission, which deals with publicly-traded oil and gas firms, including those in Oklahoma plans to explore the issue. As The Hill reported this week, the …
New Mexico natural gas emissions increased last year
New data showed that natural gas emissions increased last year in New Mexico while spills from the oil and gas industry declined. The data came from the Center for Western Priorities which released its annual spill tracker report this week, detailing numbers of oil and produced water spills along with natural gas emissions tracked in multiple …