“This is a HUGE win for Missouri landowners and taxpayers who should not have to fund these green energy scams.” The X posting of Missouri Attorney General Andrew Bailey after the Energy Department on Wednesday ended the conditional $4.9 billion loan guarantee for the Grain Belt Express power line that runs from southwest …
Second quarter energy survey results showed that Federal Reserve Bank’sTenth District energy activity fell moderately, with no changes expected in the next six months. Oklahoma is one of the states in the Kansas City Federal Reserve Bank’s Tenth District. Firms reported that oil prices needed to be on average $64 per barrel for drilling to …
How’s this for a shift in a state’s anti-oil and gas policies and views? California is stepping in to find a buyer for Valero Energy’s Benicia refinery near San Francisco. It’s trying to save the refinery in a move reflective of its concerns over protecting gasoline supplies. After alll, California has some of …
** Former ComEd CEO Anne Pramaggiore is sentenced to two years in prison for her role in a bribery scheme that involved giving jobs to associates of Illinois’ former House Speaker in exchange for favorable legislation. ** The U.S. Commerce Department’s Inspector General launches an investigation into whether the Trump administration’s staffing cuts at the …
Tariff moves by the White House left crude oil prices steady on Wednesday. Investors weren’t sure how to react to the President’s new tariff deal with Japan and continuing tariff talks with European Union leaders. Global benchmark Brent crude finished down 8 cents or 0.12% at $68.51 a barrel. US standard, West Texas …
Oklahoma Corporation Commissioners gave approval Wednesday to a slight increase in rates for customers of Oklahoma Natural Gas company. The rate hike, totaling $41,078,183 will have an impact of $1.69 more a month on residential customers while low income customers will see a 57 cent increase per month. The commission vote was 3-0. …
The nation’s crude oil supplies fell by more than 3 million barrels in the past week, according to the U.S. Energy Information Administration. At the same time, the Cushing Hub saw a gain in crude oil stocks. The U.S. stocks declined 3.2 million barrels, falling from 422.2 million barrels the week of July …
Reuters reported this week Meta Platforms signed a long-term contract to buy 100% of the power from a new Enbridge solar project in Texas. Enbridge is constructing a $900 million 600 megawatt solar farm near San Antonio, calling it the Clear Fork Project. The Canadian-based firm said it was moving ahead with the …
Colorado has run into opposition over its plan to close all six of its remaining coal-fired power plants by 2031. The Environmental Protection Agency says “not so fast!” It contends the proposed move would threaten grid reliability and also be in violation of federal law. The EPA made known its stand on the …
Eight oil and natural gas trade groups called on the U.S. House of Representatives this week to “take swift action on permitting reform,” otherwise, delays will only threaten the nation’s economic growth. In a letter to Chairman Bruce Westerman ahead of an oversight hearing in the House Natural Resources Committee, the coalition underscored the need to streamline …