An ethanol plant in northwest Iowa designed to make the fuel from corn cobs and stalks rather than kernels has closed. The Des Moines Register was first to report the “Project Liberty” plant in Emmetsburg had closed. Iowa State University agronomist Emily Heaton said in an interview with Radio Iowa that corn stover can easily be converted …
North Dakota regulators say an equipment failure at a well near Watford City in the northwestern part of the state led to the release of about 12,180 gallons of oil. The Associated Press reported that the state’s Oil and Gas Division said it was notified of the spill on Sunday at the Newfield Production …
** House Democrats’ sweeping measure aims to harness the world’s oceans to address climate change. The 324-page bill, introduced Tuesday by Natural Resources Chair Raúl Grijalva (D-Ariz.), would boost offshore wind energy production and bar new offshore oil and gas drilling. ** Oregon Sen. Jeff Merkley (D) and California Rep. Mike Levin (D) introduced legislation Tuesday to end the sale of new U.S. …
Sometimes the way reporters on Capitol Hill view things out here in fly-over country is far different than those of us who live and work here. Take for example how POLITICO in Washington, D-C reported this week’s move by Pioneer Natural Resources to acquire Parsley Energy: “As sure as night follows day, a downturn …
Baker Hughes reported a $49 million loss or 25 cents a share for the quarter, a 6% increase from the second quarter of 2020 and “unfavorable” from a year ago. The Houston-based company, in releasing its earnings report on Wednesday saw some daylight in improvements, reporting that orders of $5.1 billion were up 4% …
Native American tribes opposed to the Dakota Access Pipeline once again have asked a federal judge to stop the flow of oil while the legal battle over the line’s future plays out. The Standing Rock Sioux and other tribes succeeded on their first attempt, only to have an appeals court overturn U.S. District Judge James Boasberg’s shutdown …
The country’s production of diesel fuel might have finally started to level off following a large inventory of the distillate produced by U.S. refineries. It could also signal an end to cheaper prices for America’s trucking industry. As Freight Waves reported this week, “Data was reported last week by the federal government on diesel …
Pressured by a legislator and some in the industry to name a Deputy Director of the agency’s Oil and Gas Conservation Division, the Oklahoma Corporation Commission chose one this week. The Commission, in a late Tuesday announcement, said energy industry veteran Michael McGinnis, Jr. has been named Deputy Director of the Oklahoma Corporation Commission’s …
Tuesday proved to be an up day in trading for a lot of energy stocks, turning around the declines of Monday and last Friday. Alliance Resource Partners finished up 6 cents for a 2.28% increase to $2.69 per share. Blueknight Energy Partners closed a penny ahead for a 1% increase to $1.36. Chesapeake Energy …
Oil futures shook off early losses Tuesday to log their first gain in four session, lifting U.S. benchmark prices to their highest finish in almost seven weeks. On Wednesday, the most-active West Texas Intermediate crude for December delivery, which now also the front month, rose 64 cents, or 1.6%, to settle at $41.70 a barrel …