** OPEC and allied nations agreed Sunday to raise the production limits imposed on five countries next year and boost their production by 2 million barrels per day by the end of this year, ending a dispute that roiled oil markets. ** A 15-square-mile donation from the Trust for Public Land increases the size of the Sabinoso Wilderness …
New Mexico AG hit with complaints by watchdog groups
Environmental watchdog groups including New Energy Economy of Santa Fe filed formal complaints against New Mexico Attorney General Hector Balderas accusing him of inappropriately giving legal work to a friend. The Santa Fe New Mexican reported New Energy and four other groups contend Balderas turned much state work over in the past few years …
Ovintiv finds more success in STACK
Oklahoma’s STACK continues yielding big producers for Ovintiv Mid-Continent Inc. as the company recent completed two wells from a single pad with production of nearly 2,000 barrels a day. The largest of the Post Brothers 1607 wells in Kingfisher County had production of 1,073 barrels of oil a day along with 5,116 Mcf of …
Sen. Lankford claims EPA squeeze on aftermarket car part sellers hurts classic car industry
Oklahoma U.S. Sen. James Lankford is going after the Environmental Protection Agency over its raids on aftermarket auto part vendors accused of emissions violations standards. He says it’s hurting the classic car industry. Lankford is a member of the Senate’s Energy and Natural Resources Committee and told the Washington Examiner he recently took an …
Oil falls again taking Oklahoma energy stocks with it
Oil prices dropped yet another day in trading on Thursday, falling by more than $1 a barrel after a poor weekly reading on US fuel demand and on expectations of more crude hitting the market. West Texas Intermediate crude for August delivery was down $1.48 or 2.2% and settled at $71.65. Global benchmark Brent …
Rep. Mullin presses NRC commissioners on role in closing nuclear plants
Oklahoma Congressman Markwayne Mullin was pointed in his questions this week of the Nuclear Regulatory Commission and why it’s closing more and more nuclear power plants in the country. It was during a House Energy and Environment and Climate Change Subcommittee hearing where the Republican Representative pressed the commissioners on their role in closing …
Standard Lithium delivers 2nd test plant to El Dorado
Canada’s Standard Lithium Ltd. is expanding its operations in Arkansas as the company hopes to capture more of the lithium-ion battery market with production in the state. The company delivered a second modular lithium production test plant to the El Dorado site where, according to Arkansas Business, it has been extracting ingredients for the …
$500 million rail mill to be built in Pueblo, Colorado
Pueblo, Colorado is getting a half-billion dollar rail mill that will employ 300 workers when it is finished. Ground was broken this week by ERAZ North America as Colorado Gov. Jared Polis took part in the ceremony. Once finished, the mill will be able to mass produce quarter-mile long sections of rail reported The …
Manchin ‘very, very’ disturbed about reconciliation proposals on climate change
He’s considered to be the most pivotal swing vote for Democrats and now West Virginia Sen. Joe Manchin is voicing serious doubts about his party’s $3.5 trillion economic infrastructure plan. Manchin told CNN he’s “very, very disturbed” by provisions that he believes would eliminate fossil fuels. CNN reported it was a “warning sign” for …
Investigator claims Biden BLM nominee helped plan 1989 tree spiking
The allegations against President Biden’s nominee to run the Bureau of Land Management grew more damning on Thursday when a lead Senate investigator said there was evidence showing Tracy Stone Manning helped plan 1989 tree spiking in the forests of the northwest. The evidence also refutes her claims that she was never the target …