Oklahoma Rep. Markwayne Mullin, a co-chairman of the House Energy Action Team joined House Republican Whip Steve Scalise of Louisiana on Friday in blasting Joe Biden’s debate statement to “transition” away from oil and gas. Wither South Carolina Rep. Jeff Duncan, they blasted his plan as “unrealistic and dangerous” to outlaw fossil fuels and …
Mammoth Energy to release 3Q earnings this week
Investors in Oklahoma City-based Mammoth Energy Services, Inc. await coming word whether the company might have turned around its third quarter earnings after reporting $15.2 million or 33 cents a share in losses in the second quarter of the year. The company announced that it intends to release financial results for the third quarter …
Group contends Oil and gas ban on federal land threatens New Mexico’s future
The New Mexico Oil and Gas Association contends that regardless of what it is called – a federal leasing ban, a federal fracking ban, or a federal permitting ban – the result is devastating for New Mexico. “Any proposal restricting oil and gas development on federal lands would only result in the elimination of …
North Dakota looks to put $16M in federal virus funds toward fracking grants
North Dakota officials say there isn’t enough time left to clean up every abandoned oil field well site they had intended to this year using federal coronavirus aid, so they want to repurpose $16 million and put it toward grants for fracking. Regulators present the proposal as a way to create jobs and help …
Biden campaign’s carbon offset plan full of holes
When Joe Biden rolled out his campaign’s environmental policies in June 2019, he said Americans need to take “drastic action right now to address the climate disaster facing our nation and the world.” But the Democratic presidential nominee is taking half-measures to offset the planet-warming carbon dioxide emissions produced by his campaign for president. …
Energy news in brief
** EPA finalized a rule Thursday that will make it easier for power plants and others that emit Clean Air Act pollutants to avoid the costly process of applying for new federal permits when they make major upgrades, ** A lawsuit faults California’s PG&E for last month’s deadly and destructive Zogg Fire, alleging the utility failed to maintain power …
Petroleum Alliance: Biden energy policy a ‘recipe for economic and national security disaster’
“A recipe for an economic and national security disaster.” It’s what Petroleum Alliance of Oklahoma President Brook A. Simmons said about Democratic presidential candidate Joe Biden’s comments about fossil fuels during the Thursday night televised debate with President Trump. In the final minutes of the 96-minute debate, the question about energy was finally asked …
Oklahoma sees slight gain in rig count
Oklahoma’s number of oil and gas rigs active in the field continues to slowly increase, according to the latest rig count provided by Baker Hughes. The state’s count grew by one in the past week to reach 15, still far below the 54 reported one year earlier. Nationally, the count increased by 5 to …
State agencies, private sector join to prepare for cyber-attack
State and industry officials are reviewing the lessons learned from the first of what is anticipated to be an annual cyber and energy security exercise involving government agencies and the private sector in Oklahoma. Focusing on response to a cyber-attack that impacts utility and other energy services as well as local and state government …
Hamm—election of Biden will mean $6 a gallon gasoline
Joe Biden’s plans for discouraging the use of fossil fuels would “plunge America back in a depression” and could drive gasoline prices to $6 per gallon, billionaire oilman Harold Hamm said Thursday, well beyond any level previously recorded. Hamm, a confidant of President Donald Trump and the chairman of Oklahoma-based Continental Resources Inc., made the …









