Oklahoma U.S. Rep. Tom Cole, one of four Native Americans in Congress who are enrolled tribal members is among a handful of House lawmakers behind a bill to make it easier for American Indian tribes to get access to federal water relief. The Republican Representative for the 4th congressional district joined Reps. Melanie Stansbury (D-N.M.), Teresa Leger …
Friday headlines of other energy stories
** House lawmakers voted 364 to 60 on Wednesday night to pass the The Ocean Shipping Reform Act of 2021, a bipartisan bill aimed at curbing the shipping container crisis. ** The U.S. government plans to end purchases of gas-powered vehicles by 2035 in a move to lower emissions and promote electric cars under an executive order …
New Mexico regulators say ‘no’ to acquisition of PNM Resources
State utility regulators in New Mexico moved this week to reject Avangrid Inc.’s proposed $8 billion acquisition of PNM Resources Inc. The Public Regulation Commission said the risks of the deal by the Spanish energy giant and Avangrid parent Ibeerdrola SA far outweighed promised benefits to state ratepayers reported Reuters. Click here for Reuters.
Options considered by Magellan for its Longhorn pipeline
Tulsa’s Magellan Midstream Partners LP is reported to considering transportation of natural gas or refined products through its Longhorn crude pipeline in the Permian Basin of Texas. The consideration comes as crude oil shipping volumes have declined because of lower production, forcing Magellan to consider how to make up for dropping revenue from its …
US crude oil back to $72 level–OK energy stocks had a ho-hum day
With fears easing over the Omicron variance, crude oil prices made more gains in Wednesday’s trading, settling at more than $72 in the U.S. and nearly $76 in Europe. But it proved to be something of a tepid day for Oklahoma energy stocks. West Texas Intermediate crude for January delivery went up 31 cents …
Earthquake rattled central Kansas
No one’s linking it to any oil and gas drilling or wastewater operations but a 4.3 magnitude earthquake hit central Kansas Wednesday morning. The quake, centered near the town of Gypsum, located just southeast of Salina occurred at 7:45 a.m. central time and according to the U.S. Geological Survey was 1.8 miles deep. The …
Energy Transfer subsidiary pays $4 million settlement in Pennsylvania
One of the subsidiaries of Energy Transfer, the Texas company that just finalized the takeover of Enable Midstream in Oklahoma City will pay a $4 million settlement stemming from a 2020 spill of drilling mud into a Pennsylvania creek. Mariner East pipeline builder Sunoco will make the payment to the Pennsylvania Department of Conservation …
ExxonMobil to end routine flaring in 2022 in Permian Basin
Major steps are coming from ExxonMobil regarding the company’s efforts to cut its greenhouse gas emissions from oil and gas operations in the Permian Basin. The company says it will bring an end to routine flaring by the end of 2022 and drastically cut GHG emissions in the basin by 2030 reports the Carlsbad …
Biofuels industry reacts to EPA ethanol blending announcement
Ethanol industry supporters say it appears the oil and gas industry made good off the Biden administration’s announcement about dialing back ethanol production targets while at the same time rejecting dozens of refinery requests to be exempt from ethanol blending requirements. More from Radio Iowa about the reaction. Click here.
Energy news headlines on Thursday
** The Biden administration has issued more permits for oil and gas drilling on public land per month than the Trump administration did in its first three years, according to a new analysis of federal data. The consumer advocacy group Public Citizen found that the Bureau of Land Management (BLM) has approved an average of 333 drilling permits …
