Congressman Mullin warns oil and gas industry Biden administration will attack pipelines

  As more and more gas and oil pipelines are threatened by environmental activists, courts and state governments, Oklahoma Congressman Markwayne Mullin says it could be only the beginning under a Biden administration. And he warns the oil and gas industry needs to be aware of it. “I feel like they’re going to attack the …

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Energy stocks soared as crude futures hit 3-month high

  As crude oil futures rose to a 3-month high in Monday’s trading because of high hopes the potential COVID-19 vaccine will help turn the world’s economy around, Oklahoma energy stocks rebounded with huge steps. West Texas Intermediate crude didn’t hit the high. Instead it slipped 2 cents and settled at $43.04 in Monday’s trading. …

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Kerry to be Biden’s climate czar

  Leaning on a long list of former Obama administration officials, President-elect Joe Biden on Monday announced nominations for top national security positions and also named former Secretary of State John Kerry to be his climate czar. Kerry will officially become a special presidential envoy on climate. He will not need U.S. Senate confirmation for …

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ONEOK joins exclusive Dow Jones list

  ONEOK, Inc. has not only been included in the Dow Jones Sustainability World Index and Dow Jones Sustainability North America Index but the Tulsa-based company has been named the DJSI Industry Leader for Oil and Gas Storage and Transportation. It was ONEOK’s first inclusion in the DJSI World Index, where it is currently the only North …

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Congressman Lucas supports COVID mask mandates and crowd limits

  Oklahoma congressman Frank Lucas came out this week saying it’s time for the state to take some definitive actions to combat the COVID-19 pandemic including possible mask mandates and limitations of crowds. “With more than 1,500 Oklahomans now hospitalized and new positive cases averaging more than 2,600 per day, it’s time for Oklahoma to act,” he stated in …

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Costs exceed revenue for royalty owner

  The Texas company that owns royalty interests in the Hugoton field of Southwest Kansas and the San Juan Basin oilfields of New Mexico and southern Colorado announced it will not make any distribution payments for the November. Mesa Royalty Trust, based in Houston, said there would be no distribution paid for the month ended …

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New Mexico getting tougher on oilfield cleanup

  New Mexico’s top environmental enforcement arm said it is expanding enforcement efforts to make sure the state’s oilfield sites are cleaned up and restored. The New Mexico State Land Office oversees thousands of oil and natural gas development leases and announced enhanced reviews at oil-lease sites posing immediate concerns reported the Associated Press. Click …

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Still some drilling interest in Oklahoma

  Oklahoma is seeing a slight increase in drilling interests based on the number of permits to drill approved by the Oklahoma Corporation Commission. At least 17 permits were approved since Nov. 13 of this year. The permits show there will be drilling throughout the state with most of it in the western half of …

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Colorado coal plant operators complain of early closing orders by state regulators

  Colorado air quality regulators moved last week to order three coal-fired power plants to shut down two years earlier than the operators had planned. Operators of the plant aren’t happy about the move. Tri-State, Xcel and Platte River Power were hit with the orders as the state said the early closings have to be …

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Energy news in brief

** Public Utilities Commission of Ohio Chairman Sam Randazzo resigns days after the FBI searched his home as part of an investigation into the state’s power plant subsidy law bribery scandal reported Cleveland.com. ** Reuters reported that Enbridge says construction has started on a Pennsylvania solar project that will help power operations for a natural gas pipeline.  ** The Trump administration is …

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