While President Biden made unilateral moves against the oil and gas industry without consulting its leaders, his EPA nominee Michael Regan told Oklahoma U.S. Sen. Jim Inhofe on Wednesday he will “bring everyone to the table” before making his big decisions. Regan went before the U.S. Senate Environmental and Public Works Committee where he …
Higher oil prices lead to higher energy stocks
Oil futures were up in Wednesday’s trading and so were shares of Oklahoma energy stocks. It was the third straight trading session for an increase in oil and gas shares as global inventories continued to slide. West Texas Intermediate crude for March delivery ended up 93 cents to close at $55.69 a barrel in …
Texas legislator fights attempts by cities to ban natural gas use
A State legislator in Texas wants to adopt a law similar to one in Oklahoma that would prevent local governments from prohibiting or restricting the use of natural gas in residential and commercial buildings. Rep. Jay Dean filed House Bill 1501 which is called the Natural Gas Protection Act. He said in a press …
Fourth quarter earnings report to be released by ONE Gas
Tulsa’s ONE Gas, Inc. plans to release its fourth quarter and full year 2020 financial results on Feb. 17. The company said the results will be released after the closing of market on that Wednesday. A conference call will be held by the company’s executive management team the next day, Thursday Feb. …
OK Congresswoman joined in GOP effort to condemn Biden’s anti-oil and gas moves
Oklahoma Congresswoman Stephanie Bice was among Republicans in Congress who gathered Tuesday in Houston to criticize President Biden for his actions against the oil and gas industry. The Freshman U.S. Representative said his policies were “decimating” the industry. She spoke during a news conference at the Port of Houston where House Minority Leader Kevin …
Energy news in brief
** The U.S. has gone to court in an attempt to seize 2 million barrels of oil that it claims came from Iran. The Department of Justice filed a case in a U.S. district court, seeking to seize the cargo on the Greek-owned Achilleas tanker, according to a statement on Tuesday. ** U.S. President Joe Biden’s administration has …
Oklahoma cited for lack of EV promotional efforts
The state of Oklahoma was considered a “laggard” in a first of its kind report on the efforts of states to develop the growth of electric vehicles. Oklahoma was one of 21 states that were unranked in the report released by the American Council for an Energy-Efficient Economy. The analysis ranked California number one …
Congressman calls it ‘Biden’s Assault on American Energy’
Saying no president should have the authority to do what Biden did last week to the Keystone XL pipeline, Oklahoma Congressman Markwayne Mullin says it’s why he introduced a bill to prevent such actions in the future. He called the President’s cancellation of the line “Biden’s Assault on American Energy” and wrote about it …
Long shot effort filed by Republicans to bring back Keystone XL line
It’s considered a long shot but Republicans in the U.S. House and the Senate have introduced legislation to resurrect the Keystone XL pipeline after it was cancelled by President Biden in one of his first of dozens of executive orders. The bills by Montana Sen. Steve Daines and North Dakota Rep Kelly Armstrong would …
New study shows New Mexico’s state government faces massive loss over Biden drilling ban
In light of President Biden’s executive order banning new oil and gas drilling on federal lands, a new analysis of New Mexico’s revenue and spending showed that 18% of the state spending last year came from oil and gas production on federal land. It pointed out how the State’s economy and government budget could …








