** U.S. Energy Secretary Dan Brouillette wants to work with Canada and Mexico to export U.S. coal to Asia and get around West Coast states that have blocked permits for coal shipments due to climate concerns. ** Colorado lawmakers are considering a bill that would require utilities to source renewable natural gas from dairies, landfills and other sources. ** An Oregon county …
Senators say environmental policy rules are outdated and cumbersome
Oklahoma U.S. Sens. Jim Inhofe and James Lankford were among 18 Republican senators who wrote a White House Council on Environmental Quality saying they support the President’s proposed changes to the National Environmental Policy Act. The letter came as the White House Council prepared to hold a field hearing in Denver on the proposed changes. …
Four year low for natural gas prices
Natural gas futures slid to a four-year low this week as prices for March delivery dropped 9.2 cents to $1.766 per million British thermal on the New York Mercantile Exchange. That’s the lowest settlement since March 9, 2016 and the premium for April gas over the March contract widened to 3.8 cents. It’s a sign …
Rural group asks Congress to fight health care rate setting
The Oklahoma Rural Association has expressed concerns about health care to members of the Oklahoma Congressional delegation, pointing out the situation has only worsened with the slowdown in the oil and gas industry in the state. In a letter sent to the U.S. Senators and Representatives, Monica Collision, Executive Director of the Association voiced …
FAA to audit pilot training of Boeing 737 MAX 8 jetliner
The Federal Aviation Administration announced it plans an audit of its training procedures for the controversial Boeing 737 MAX 8 jetliner of which two crashed in 2018 and 2019, leaving hundreds dead. “These fatal accidents have drawn widespread attention to FAA’s oversight and certification practices, including the Agency’s process for establishing pilot training requirements for …
National Oilwell Varco shares owned in part by New York investment fund
A new SEC filing by National Oilwell Varco, an oil and gas exploration company based in Houston, Texas shows a New York investment firm has ownership of 6.14% of the company’s shares. The filing showed First Eagle Investment Management LLC of New York City has sole voting power of 22,184,470 shares while its total dispositive …
New SEC filing shows investors groups with shares in SandRidge Energy
A filing by SandRidge Energy this week with the U.S. Securities Exchange Commission reveals ownership in company shares by some investors. The Schedule 13G filing indicated 0.6% of SandRidge shares are held by CVI Opportunities Fund I and Fund II of Wilmington, Delaware; GI Execution Services LLC of Chicago, Illinois; Sesquehana Advisors Group Inc. …
Survivor of tragic 2018 well blowout files suit
Even as a Pittsburg County jury was hearing evidence in the lawsuit trial over a 2018 gas rig fire that killed five men near Quinton, the companies involved were being sued by a survivor of the tragic incident. The capability of reviewing any cases related to the trial and lawsuit were kept from public viewing …
House Demos lay out 2020 plan but exclude energy and transportation
The Democratic Caucus in the Oklahoma House of Representatives announced its “Brand New State” agenda this week but it included no reference or mention of improving the energy industry. Instead, the caucus said it will focus on ways to “generate better outcomes in areas of health care, criminal justice, education and the economy.” “Last year, …
Millions in common units up for sale at NGL Energy
Tulsa’s NGL Energy Partners LP announced plans to raise more capital for its projects with the offering of more than 25 million shares in the company. In a filing with the Securities and Exchange Commission, the company offered the Class D Preferred units as well as 25,500,000 common units. The common units represent limited partner …