** Louisiana’s oil industry criticizes the governor’s veto of a tax break for drilling new wells and bringing old ones back into production reported the Daily Comet. ** The Associated Press reported a new agreement among tribes, PacifiCorp, and the states of Oregon and California will advance plans to remove four hydroelectric dams on the Klamath River, which, if approved …
Enviros don’t like Biden’s staff choice because of oil and gas campaign money
The appointment of Louisiana Democratic Congressman Cedric Richmond to be a member of the White House staff for apparent President-elect Joe Biden is drawing criticism from environmentalists because he took campaign money from the oil and gas industry. POLITICO reported Richmond has taken thousands of dollars from utility, oil and gas companies while representing energy-rich Louisiana …
Permian’s recovery in New Mexico will be slow warns analyst
Just as the STACK and SCOOP plays in Oklahoma are suffering in the COVID-19 pandemic, so is the Permian Basin of West Texas and southeastern New Mexico and now New Mexico legislators are warned the Permian’s recovery will be a long time coming. New Mexico’s oil and gas business provided a record $3.1 billion …
New Mexico government wants more electric vehicles
New Mexico is seeking $1 million to expand its fleet of electric vehicles for the state government motor pool. General Services Secretary Ken Ortiz wants to add 28 electric vehicles and made the request in presenting his department’s budget request for fiscal year 2022 to the Legislative Finance Committee. “Climate change is here, and the …
NextEra unveils Oklahoma’s first battery energy storage system
NextEra Energy has unveiled Oklahoma’s first battery energy storage system located near Marlow in the southwestern part of the state. The Rush Springs Energy Storage system is made of nine storage containers filled with thousands of the sort of battery modules found in a laptop computer, but the site, according to NextEra could …
Energy stocks came back to earth in Tuesday’s trading
Tuesday’s Wall Street trading brought the reality to some Oklahoma energy companies that what goes up also must come down, this after some amazing increases recorded on Monday. West Texas crude for December contracts dropped 20 cents or less than one-half of a percent to $41.23 a barrel. Benchmark Brent crude slipped 7 cents …
Hirings resume at Halliburton’s Duncan operations
Following layoffs into the thousands amidst the COVID-19 pandemic, Halliburton has resumed hirings at its southern Oklahoma operations in the city of Duncan. Halliburton’s website listed the areas of employment at its Duncan operations and the Oklahoma Office of Workforce Development indicated at least 170 workers will be hired. The state announcement came from …
Nervous oil and gas industry leaders in North Dakota
Oklahoma oil and gas industry leaders are far from being alone in their nervousness over what a Biden administration means for them. After all, it is a place where Oklahoma City-based Continental Resources became a major player in oil production. Same in North Dakota where they too are filled with anxiety about his proclaimed …
Texas lawmaker wants higher fees for EV users
A lawmaker in Texas wants to do what was attempted a few years ago in Oklahoma—collect more tax revenue from owners of electric vehicles and hybrids because they don’t pay gasoline or fuel taxes or as much as vehicles powered by gasoline and diesel fuel. Republican state Rep. Ken King of Hemphill filed the …
Devon Energy provides more than 800 holiday meals to Oklahomans
Devon Energy has donated boxed Thanksgiving meals for more than 800 families in western Oklahoma. The donations were made to residents in El Reno, Geary, Kingfisher, Hinton and Weatherford and through the Regional Food Bank. “Devon is committed to serving our community,” said Christina Rehkop, the company’s director of community relations. “We know …