While President Trump’s proposed budget includes cutting $2.4 billion from the EPA, including its Superfund program, Oklahoma Congressman Markwayne Mullin suggests it’s only a proposal and might not become a reality. It’s what he said in response to the President’s plan to slash funding for the Superfund program that monitors and administers the cleanup …
Critics blast environmental policy changes supported by Oklahoma Senators
The Trump administration’s proposed rollback of landmark environmental law, a move supported by Oklahoma U.S. Sens. Jim Inhofe and James Lankford and 16 other US Senators drew heavy criticism this week at a federal hearing in Denver, Colorado. Dozens testified against the administration’s plans to cut some of the restrictions of the National Environmental Policy …
Energy news in brief
** President Donald Trump has proposed selling 15 million barrels of oil from the U.S. emergency stockpile as part of his fiscal 2021 budget plan. The proposal, which requires approval from Congress, would use the proceeds of the sale to fund certain Energy Department activities, including the environmental remediation of an oil field in Elk Hills, California, …
Ohio legislators consider tougher anti-pipeline protest bill
When Oklahoma created a law a few years ago targeting environmental protesters of oil and gas pipelines and other energy-related projects, it led to a handful of other states doing the same. Ever since, protests against pipelines under construction have been far and few—-almost non-existent. When the first Keystone pipeline was constructed in Oklahoma, protesters …
Bakken production to peak in 5 years?
Legislators in North Dakota were told this week the peak of oil and gas drilling in the state’s Bakken play might be only five years off. It’s an important region to oil and gas exploration companies like Oklahoma City’s Continental Resources Inc. whose founder Harold Hamm was one of the early explorers of the play …
South Dakota legislators reject bill targeting Keystone XL pipeline
An attempt failed Tuesday that would have required South Dakota regulators to reconsider a permit if a utility project hadn’t been built in 10 years. Senate Democratic leader Troy Heinert of Mission brought SB 126 primarily because of the Keystone XL oil pipeline that is still in the preliminary stages according to KELO TV in South Dakota. …
Investment in Devon Energy by Atlanta firm
An SEC filing by Oklahoma City-based Devon Energy shows ownership of more than 24 million shares by an Atlanta, Georgia investment firm. This week’s filing indicated Invesco Ltd. owned a total of 24,447,689 shares in Devon, of which 22,918,193 gave the company sole voting power and ownership of 6.4% of the company’s total shares. The …
Speaker McCall Bill Boosts Rural Transportation Projects
Economic growth in rural areas would be given more consideration in the state’s eight-year transportation project plan under a bill by House Speaker Charles McCall, R-Atoka. “Rural transportation infrastructure isn’t keeping up with development in some areas because the state’s road funding formula does not properly account for rural economic growth. This bill fixes that,” …
Hill Passes Economic Development, Tourism Bills through Committee
State Rep. Brian Hill passed three economic development bills through two House Appropriations and Budget Subcommittees this week. House Bill 3115, was heard in the House Appropriations and Budget Subcommittee on Finance Monday morning. The bill amends eligibility standards for a tax credit program for the automotive industry by expanding the program to any eligible …
Midstream operator Tallgrass Energy to open Houston office
Kansas City midstream company Tallgrass Energy, LP, a pipeline company managing lines carrying oil from Wyoming to Cushing, Oklahoma announced plans to open an office in Houston, Texas. The office will be managed by the company’s new Chief Commercial Officer, Damon Daniels. In this role, Daniels will report directly to Tallgrass President Matthew P. Sheehy. …