Led by the U.S. Chamber of Commerce, a coalition of lobbying groups wants Congress to approve the energy permitting reforms pushed by West Virginia U.S. Sen. Joe Manchin and to do so by the end of summer. Oil and renewable energy industries are also included among the groups such as the American Petroleum Institute …
Energy Transfer expands midstream holdings in new deal
Two years after Energy Transfer LP acquired Oklahoma City’s Enable Midstream in a $7 billion deal, the firm announced this week the acquisition of Lotus Midstream LLC and its 3,000-mile pipeline system in a $1.45 billion agreement. Lotus is an affiliate of EnCap Flatrock Midstream and the deal also involved approximately 44.5 million newly …
Quick energy reads
** The Iowa Supreme Court temporarily blocks a state law that had given incumbent utilities first rights to build new transmission projects, a case that could have high stakes amid plans for a major transmission buildout. ** A federal judge rules BNSF Railway violated terms of an easement agreement by running 100-car oil trains across the Swinomish Indian Tribal …
More storm cost questions are being raised by Corporation Commissioner Anthony
Oklahoma Corporation Commissioner Bob Anthony is not finished with his continuing efforts to get to the bottom of the excessive fuel costs that led to the controversial securitization of the 2021 winter storm costs by utilities in Oklahoma. He is raising many more questions in his desire to get answers about costs and why …
Iraq’s crude oil activity sends prices up in the U.S. and the world
Crude oil prices jumped more than $3 in Monday’s trading and Oklahoma energy stocks had an equally strong day with one firm recording a more than 11% gain for the day. Experts say Iraq’s halt on some crude exports from its Kurdistan region gave a shot in the arm to crude oil prices. West …
Death of a Senate Bill leads off latest Mitchell Talks Energy edition
The politics that led to the death of the controversial Performance Based Ratemaking bill in the Oklahoma legislature—it led off the discussion in Scott Mitchell’s latest “Mitchell Talks Energy” with Jerry Bohnen. Politics also played a role in other energy developments as the two reviewed the latest stories affecting Oklahoma consumers. Click above to …
FAA nominee pulls out of the running as GOP opposition grew
One man Oklahoma U.S. Sens. James Lankford and Markwayne Mullin won’t have to worry about voting on is President Biden’s nominee for Federal Aviation Administration head, Phillip Washington. He withdrew his nomination over the weekend after it became clear he didn’t have the support from Republicans in the Senate. The withdrawal of the Denver …
BLM to sell Colorado land for solar farms
Nearly 1,100 acres of government land in Colorado is being auctioned for commercial solar energy production. The land isn’t for sale but the right to the solar production will be sold for lease. The Bureau of Land Management announced the 1,064 acres is in the De Tilla Gulch area of Saguache County, Colorado. The …
Kansas House members vote to ban ESG considerations in pensions and investments
Add Kansas as the latest state where leaders want to ignore the ESG efforts of the Biden administration and environmentalists. The Kansas State House recently approved a bill forcing state and local governments to ignore ESG factors in contract decisions and pension investments. The House vote was 85-38 and sent the measure to the …
OKC energy exec wonders why a high-flying bank is bailed out by government but his company
Faithful subscribers of OK Energy Today know fully well how we have followed the political and monetary travails of Oklahoma City’s Mammoth Energy Services in it fight to get paid $370 million by Puerto Rico and the federal government. Arty Straehla, the CEO at Mammoth, wrote at length over the weekend in The …
