A trio of New Mexican lawmakers is vying for the top Interior job in a potential Biden administration

  Some might suggest that Democrats eager to do more for America’s environment as well as control its energy industry are “counting their chickens before the eggs are hatched.” POLITICO reported a trio of New Mexican lawmakers are all jostling to become the next secretary of Interior should Democratic nominee Joe Biden win next month’s election. …

Continue reading »

Court Nixes Obama Methane Rule for Oil, Gas on Public Lands

  A Wyoming federal judge rejected an Obama administration rule intended to curb methane emissions, accomplishing in a day what the Trump administration failed to do in almost four years. The Bureau of Land Management’s Obama-era effort to cut methane emissions on public lands exceeded the agency’s authority,  ruled the U.S. District Court for the District …

Continue reading »

Mullin Statement on Son’s Completion of Rehabilitation from Traumatic Brain Injury

  Click here to watch Mullin’s announcement video. Nine months after the son of Oklahoma Congressman Markwayne Mullin suffered a traumatic brain injury in a wrestling incident, he has completed his rehabilitation and is back home in Oklahoma. Rep. Mullin announced his son Jim, completed his rehabilitation at the Centre for Neuro Skills in Bakersfield, …

Continue reading »

Bank survey shows energy industry is stabilized but job cuts grow in Oklahoma and other states

  Energy activity in Oklahoma, New Mexico, Kansas and Nebraska and other states that make up the Tenth District of the Federal Reserve Bank of Kansas City has stabilized somewhat but job cuts continued. Chad Wilkerson, Oklahoma City Branch executive and economist at the KC Federal Reserve Bank released the third quarter Energy Survey findings. …

Continue reading »

North Dakota proposes a pilot program for longer semis–“road trains”

  Those long-road triple semis like the kind used in Australia might be coming to North Dakota where a legislative committee voted overwhelmingly to support approval on state highways. The fully-stocked triple trailer “road trains” as they’re called will reach nearly two-thirds of the length of a football field and weigh nearly 360,000 pounds. Imagine …

Continue reading »

Chesapeake Energy takes another step in its bankruptcy

Oklahoma City’s Chesapeake Energy continues working to emerge from its Chapter 11 bankruptcy by early 2021 and as such, has entered into a confidentiality agreement with some of the holders of its debt. A filing of a Form 8-K with the Securities Exchange Commission indicated that as part of the agreement, Chesapeake agreed to publicly …

Continue reading »

Icahn urges patience in waiting for energy’s rebound

Billionaire investor Carl Icahn says the energy sector will bounce back one day but shareholders need to be very patient and he is not urging people to buy. Icahn, with stakes in SandRidge Energy, CVR Energy, Cheniere Energy and Occidental Petroleum, said the key to making money is to buy when companies are out of …

Continue reading »

Oil Site Leaked Gases Uncontrollably for Months, Group Says

  An oil well site in the Permian Basin owned by a bankrupt shale producer has spewed polluting gases into the atmosphere for 10 months, despite being investigated by Texas regulators, according to an environmental group. Infrared video footage collected during multiple visits from November 2019 through September show “continuous intense and significant” emissions from …

Continue reading »

OG&E Stipulated Agreement Awaits OCC Ruling for System Upgrades

Oklahoma Gas & Electric presented a stipulated agreement to recoup up to $7 million in expenses for grid automation and technological upgrades during a recent meeting at the Oklahoma Corporation Commission. If approved by the Commission, the upgrades would increase the average residential customer bill by 52 cents, according to an article published by Janice …

Continue reading »

Another day of stock gains for Oklahoma energy companies

  As U.S. crude oil settled Thursday above the $41-a-barrel mark, energy stocks were mixed with several still seeing increases in their market shares. Alliance Resources ended up 7 cents for a 2.54% gain to $2.83. Blueknight Energy Partners rose 7 cents for a 5% gain to $1.53. Chesapeake Energy finished at $4.02, up 12 …

Continue reading »