Trump reportedly sides with corn states in biofuels waivers fight

  If a report by Reuters is accurate, a move by President Trump could impact the U.S. Supreme Court challenge by the owner of Oklahoma’s Wynnewood refinery which is fighting for biofuel mandate waivers. CVR Refinery appealed the January ruling by the 10th U.S. Circuit Court of Appeals ruling that was against the waivers granted …

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NextEra starts buying land for Kansas City solar and storage site

  The Kansas City suburb of Gardner, Kansas is where the world’s largest renewable energy developer has started buying land for the company’s proposed solar and storage capacity project. NextEra Energy confirmed it is seeking land near Kansas City for a project to include up to 500 MW each of solar and storage capacity, according …

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Another look at weak energy tax revenue in Oklahoma

  Oklahoma Treasurer Randy McDaniel offers another look at how the ailing energy sector has affected the state’s revenue figures. He’s released his monthly Gross Receipts to the Treasury report. As reported last week by OK Energy Today, the receipts slipped nearly 5% in August and the oil and gas production taxes took most of …

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First Tesla trucks in Austin to roll next spring?

  Tesla’s Gigafactory Texas, the one that Tulsa came oh so close to landing before becoming a bridesmaid rather than the bride, could be actually producing its electric trucks in May of next year. Work is proceeding on the site of the $1.1 billion plant under construction at Austin and a recent report indicated the …

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Charleston, South Carolina blames 24 oil and gas companies for 2017 hurricane flooding

  ConocoPhillips, Phillips 66 and Murphy Oil are among 24 oil and gas companies sued by the city of Charleston, South Carolina which accused them of contributing to climate change and misleading the public about the danger their products posed to the environment and causing flooding when Hurricane Irma hit the city three years ago. …

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US House Committee approves rural electric cooperative grant program bill

  The U.S. House Energy and Commerce Committee this week passed two bills from Oklahoma Rep. Markwayne Mullin including one to create a grant program for rural electric cooperatives to develop renewable energy storage projects. The committee on a voice vote passed H.R. 4447 which is the Expanding Access to Sustainable Energy or EASE Act …

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A weak Wednesday for energy companies and their trading

  Despite a slight jump in oil futures in the U.S. and Europe, energy companies in Oklahoma or those with operations in the state for the most part saw a drop in the values of their shares in Wednesday’s trading. Alliance Resource Partners had a 3 cent or nearly 1% drop to $3.05. Blueknight Energy …

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Oil prices finish higher but US futures are still under $40

  Oil futures finished higher Wednesday, with U.S. prices reclaiming less than half of the more than 7% drop suffered in the previous session as worries over the demand outlook, driven by the pandemic, continued to limit crude’s upside potential. West Texas Intermediate crude for October delivery on the New York Mercantile Exchange rose $1.29, or …

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Sierra Club accuses OK Governor of undermining US Supreme Court ruling to help oil and gas

  Native American environmentalists accuse Oklahoma Gov. Kevin Stitt of undermining the July 2020 U.S. Supreme Court ruling that stated much of Eastern Oklahoma falls within Indian reservations. The Oklahoma Chapter of the Sierra Club reported it’s the cry of environmentalists after the governor announced his intention to ask the courts to remove environmental authority …

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Report says ban on public lands drilling in a Biden administration would leave hundreds of thousands jobless

  Oil and gas groups led by the American Petroleum Institute say some states will be devastated if a ban on federal leasing and public lands were to take effect. As part of his energy plan, Democratic presidential nominee Joe Biden has vowed to push for an end to new oil and gas drilling leases …

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