The death Wednesday of Apollo 11 astronaut Michael Collins drew condolences from Oklahoma Rep. Frank Lucas, the Ranking Member of the House Committee on Science, Space and Technology. “This is a sad day for our space program and all Americans. Michael Collins inspired generations of Americans with his historic flight as the command module pilot …
Lankford pushes for US energy diversity
Oklahoma U.S. Sen. James Lankford used a Senate hearing this week to call for energy diversity in the U.S. His call came during a Senate Finance Committee hearing entitled “Climate Challenges: The Tax Code’s Role in Creating American Jobs, Achieving Energy Independence, and Providing Consumers with Affordable, Clean Energy.” He questioned witnesses and focused on …
Inhofe says methane rollback by Biden will hurt Oklahoma oil and gas producers
With the support of three Republicans, the U.S. Senate on Wednesday voted to reverse the rollback of methane emissions done by the Trump administration. Oklahoma U.S. Sens. Jim Inhofe and James Lankford voted against the rollback which came in the form of S.J. Res. 14, a Congressional Review Act resolution of disapproval of the …
13 U.S. refineries exceeded emissions limits for cancer-causing benzene in 2020
Phillips 66 refineries in Louisiana and HollyFrontier operations in New Mexico were among 13 U.S. oil refineries that reportedly released the cancer-causing chemical benzene in concentrations beyond federal limits last year according to a report by the green group Environmental Integrity Project. The EIP said its study was based on the second full year …
Continental Resources delivers Outstanding 1Q21 financial results; reinstates Dividend And Accelerates Shareholder Returns
Oklahoma City’s Continental Resources, Inc. released what it called “outstanding” first quarter results for 2021 showing net income of $260 million and 72 cents earnings per share. At the same time the company leadership projected $3.1 billion for full-year 2021 cash flow from operations and $1.7 billion projected full-year 2021 cash flow at …
Devon to seek more investors at May presentation
Another effort to reach out to potential new investors will be made next month by Oklahoma’s Devon Energy Corp. The company announced its management will make a presentation at the Citi Global Energy & Utilities Virtual Conference to be held Wednesday, May 12. The presentation will begin at 8:30 a.m. Central Time and will …
Another big gain as crude oil prices reach 6 week high
Crude oil prices made another big gain in Wednesday’s trading finishing close to $64 a barrel in the US and more than $67 a barrel in Europe. It was their highest finish in six weeks and at the same time, Oklahoma energy stocks soared. Investors responded a day after OPEC+ decided to continue gradually …
Improved quarterly finances for Alliance Resources
Tulsa’s Alliance Resource Partners L.P., one of the largest coal-mining operations in the U.S. reported a large gain in net income in the just concluded quarter. Its net income soared $169.5 million to $24.7 million or 19 cents a basic and diluted limited partner unit. The increase in the quarter that ended March 31 …
New law requires Oklahoma regulators to file natural gas report
As of Dec. 1 of this year, the Oklahoma Corporation Commission will be required to report on recommendations to the legislature about the ability and appropriateness of natural gas utilities to buy, transport and deliver renewable natural gas to customers. Gov. Kevin Stitt recently signed Moore Rep. Mark McBride’s House Bill 1815 into …
Inhofe blasts Democrats’ National Climate Bank Act
Oklahoma U.S. Sen. Jim Inhofe let Democrats know at a hearing on their National Climate Bank Act that he was opposed to it, calling it phase one of their far-left climate agenda. In opening remarks as a member of the Senate Environment and Public Works Subcommittee on Clean Air, Climate and Nuclear Safety, Sen. …










