State agencies tasked with new rules on methane emissions in New Mexico are preparing to release their recommended guidelines later in the year. The Farmington Daily News reported that the New Mexico Environment Department and Energy, Minerals and the Natural Resources Department plan to release draft complimentary regulations for reducing methane emissions from the oil and …
Severance taxes from oil and gas are a major issue in Colorado as state leaders reassess the state’s crumbling fiscal picture. Some observers wonder if a tax break for the industry could grow so large that many Colorado oil wells will owe nothing in severance taxes. Consider it the $308 million elephant in the …
** Correction: The David Holt who is head of the Consumer Energy Alliance who wrote about banning efforts of cities and and towns from prohibiting natural gas use is not the mayor of Oklahoma City as we reported earlier this week. Our apologies. ** As if the market crash threatening their jobs wasn’t stressful enough, workers …
One of the most painful busts in the history of crude oil happened just six years ago when a sharp price drop cost 200,000 roughnecks, almost half the entire workforce, their jobs. And now, the spread of the coronavirus coupled with an oil-price war between Russia and Saudi Arabia threatens to devastate the oil services …
Oklahoma 1st District Rep. Kevin Hern is apparently practicing what he and health officials preach about social distancing. Last week he visited Tulsa and conducted what he labeled a Coronavirus Response Tour, meeting with local officials and medical professionals about community needs. As witnessed by the photos he provided, Rep. Hern showed his separation during …
Two years after the Air Force announced that Tinker Air Force Base would maintain and sustain the new B-21 Raider aircraft, the air base is starting legal paperwork regarding two potential alternative sites for a 75-acre B-21 depot maintenance campus. Legal notices in newspapers by the Air Force seek public comment regarding the project’s potential …
The coronavirus crisis could put 35,000 wind energy jobs at risk, and put 25 gigawatts of wind projects, representing $35 billion in investment, in jeopardy, according to an initial estimate from the American Wind Energy Association. AWEA joined several other clean-energy trade groups last week in calling on Congress for emergency provisions to help compensate for slowdowns …
A challenge appears in the making to a ruling by the Denver Federal Appeals Court that was against small refinery operators including one in southern Oklahoma. The three operators who lost the biofuels case in the 10th Circuit Court of Appeals reportedly will ask the court for an en banc hearing of the case …
North Dakota leaders are considering a move to turn off the oil spigot as the state and the rest of the U.S. face the likelihood of low oil prices for the coming months, something it did five years ago. Faced with declining demand and potentially months of oil prices below most Bakken breakeven prices, …
While West Texas Intermediate crude prices hover in the lower $20 barrel range, observers wonder what will be the next move by Saudi Arabia and Russia. Both are suffering as well as their anticipated flood of oil on the world market might have backfired. The two countries are reporting the dramatic drop in the value …