The Energy Information Administration predicts the U.S. will see much less crude oil shipped to destinations by rail as a result of the Enbridge Line 3 replacement pipeline that became operational the first of October. The line delivers crude oil from Edmonton, Alberta, in Canada to Superior, Wisconsin, and became fully operational on October 1, …
Texas congressman calls Energy Secretary a joke and a liar
Energy Secretary Jennifer Granholm didn’t get a good response from one Texas Congressman after she laughed hysterically to the suggestion of increased oil production in the U.S. Appearing on an interview with Bloomberg, she was asked the question and insisted the oil market is controlled by OPEC. That drew high criticism from Texas Republican …
New wind power regulations adopted by Central Missouri county commissioners
Wind supporters call it a “de facto wind ban”—the new rules adopted by the Boone County Commission in central Missouri. The rules govern wind turbines and put maximum height restrictions as well as how close wind farms can be located to residences reports The Missouri Times. Click here for Missouri Times.
Entergy Arkansas shifts from plans to add gas turbines
Entergy Arkansas files an energy plan with state regulators that replaces a previous proposal to build a new natural-gas plant with more solar development. In its 2021 Integrated Resource Plan, the company indicated it is taking a path toward more renewable resources reported the Northwest Arkansas Democrat-Gazette. Click here for Northwest Arkansas Democrat-Gazette.
Rising gasoline costs prompt new anti-Biden meme
Don’t be surprised if Oklahoma gas pumps start sporting the latest meme sticker blaming President Biden for the high cost of gasoline. It’s not just the “let’s go Brandon” meme. Now the “I did that” stickers are showing up at gas pumps throughout the country, courtesy of pranking drivers. The “I did that” stickers …
Build Back Better—bad, bad, bad bill?
“This bill is bad, bad, bad.” Rep. Tom Cole Just to be clear, the U.S. House approval late Friday night of the largest congressional action to take on climate change in U.S. history came with opposition from Oklahoma’s congressional delegation. All five House members, Reps. Stephanie Bice, Tom Cole, Kevin Hern, Frank Lucas and …
Continental’s Delaware Basin deal—the time is right
“I know this might have caught some of our investors and some of you guys by surprise.” Bill Berry, CEO Continental Resources While leaders of Oklahoma’s Continental Resources were excited about their firm’s $3.25 billion deal to acquire Pioneer Natural Resources assets in the Permian Basin, investors had another thought. After word was …
Rig numbers grow in Oklahoma and the US
The number of oil and gas rigs is on the increase in Oklahoma. Even if it was only by one rig in the past week, the latest Baker Hughes report showed Oklahoma’s oil and gas activity increased to 44. Nationally, there was a 6 rig increase in the past week as the US count …
Southwestern Energy makes $1.8 billion acquisition in Haynesville
Southwestern Energy Company expanded its operations into the Haynesville with a $1.85 billion acquisition of GEP Haynesville, LLC. GEP is the third largest private Haynesville producer and the transaction is expected to close by the end of the year. The deal means 700 MMcf a day of production for Southwestern Energy. It also expands …
Mullin bills pass Energy and Commerce Health Subcommittee
A House Energy and Commerce Health Subcommittee recently passed two bills sponsored by Congressman Markwayne Mullin. They were his H.R. 3320, the Allied Health Workforce Diversity Act and H.R. 5487, the Stillbirth Health Improvement and Education (SHINE) for Autumn Act, passed by voice vote and will be reported to the full committee for consideration. The Allied Health Workforce …
