Lawmaker requests for 113 interim studies have been approved in the Oklahoma House of Representatives and only a handful relate to energy issues. Of the 136 interim study requests from House members, House Speaker Charles McCall, R-Atoka, approved 107 outright and combined 12 requests of similar topics into six approved requests. The 113 approved …
ERCOT braces for record power demand
As the hottest weather of the summer approaches this week, Texas power grid operators are assuring customers there will be plenty of electricity to keep them cool in the face of anticipated record demand. The interim CEO of the Electric Reliability Council of Texas, Brad Jones would not rule out the possibility of calling …
Energy news in brief
** Over 100 House Democrats are insisting infrastructure legislation includes enough money to remove all lead pipes in the country. ** The Energy Department plans to push state and local governments to adopt energy efficiency building codes that could dramatically slash greenhouse gas emissions, Secretary Jennifer Granholm announced. ** Solar manufacturers are pressing Biden in a new letter to support inclusion …
Oil and gas rig numbers increased in US and Oklahoma
The number of oil and gas rigs exploring for new energy increased in Oklahoma to reach 30 while nationally, the rig count grew by 7 to reach 491. Oklahoma’s count was up one from a week ago and 20 higher than a year ago according to figures provided by Baker Hughes. The U.S. count …
Oil made more gains but Oklahoma energy stocks had a weak showing
Thursday’s trading brought another gain in crude oil prices as they rose nearly $1.50 a barrel in the US and in Europe but the increase didn’t do much for Oklahoma energy stocks. West Texas Intermediate crude for September delivery finished up $1.61 to finish the day at $71.91 a barrel. Global benchmark Brent crude …
Lankford opposes nominee who offered misleading testimony, environmental extremism
CLICK HERE to download Lankford’s Q&A from Box. CLICK HERE to watch Lankford’s Q&A from YouTube. A Senate Energy committee on Thursday sent a 10-10 tie vote to the full Senate on the nomination of Biden’s pick to be Director of the Bureau of Land Management after Republicans accused her of lying to them. Sen. James Lankford, …
Inhofe slams Democrats for forcing vote on unwritten bill
As one of the Republican Senators who stopped Democrats from passing an unwritten infrastructure bill this week, Oklahoma Sen. Jim Inhofe called it nothing but a “stunt” by Democratic leadership. Wednesday’s procedural vote failed to reach the 60 required votes by a margin of 49-51 as Democrats tried to force unilateral approval to advance …
We can do better than ‘C-‘ infrastructure says former OKC Mayor
© Getty Images Former Oklahoma City Mayor Mick Cornett isn’t giving a high grade for the nation’s infrastructure. In an op-ed this week in The Hill, Cornett and former Philadelphia mayor Michael Nutter scored it a “C Minus” and called for much more funding in the next decade. Here’s their op-ed: “Despite division on …
Whiting Petroleum divests DJ Basin holdings—acquires others in North Dakota
Denver-based Whiting Petroleum Corporation is not only abandoning its oil and gas exploration in Colorado’s D-J Basin but is divesting its assets there too. At the same time, the company announced this week plans to acquire oil and gas assets in the Williston Basin of North Dakota in a $271 million deal. The …
J.B. Hunt profit shows post COVID shutdown growth
Arkansas based trucking firm J.B. Hunt Transport Services reported this week a 41% second quarter gain from a year ago. The firm had a profit of $172.2 million which beat Wall Street analyst expectations and showed how the trucking industry was flooded with business following the COVID-19 shutdown of the nation. Click here for …