Oklahoma Gov. Kevin Stitt joined 18 other governors in support of a Republican-led movement in the U.S. House to disapprove of the Biden administration’s ESG investment policies. The group of governors released a statement calling Biden’s “Environmental, Social and Governance” investment policies “woke ideology” reported the McCarville Report. Click here for McCarville Report
Quick energy reads
** The 2023 Annual Energy Outlook from the Energy Information Administration (EIA) finds that U.S. oil production may even increase between now and 2050 even as clean energy sources like wind and solar power increase dramatically as well. The analysts say that U.S. demand for oil and gas is likely to remain remarkably steady for decades. …
Crude oil bounced back and OK energy stocks rebounded too in Thursday’s trading
A day after a loss of nearly $5 a barrel, crude oil prices on Thursday bounced back with a 1% gain after reports that Saudi Arabia and Russia held meetings to talk about market stability. Oklahoma energy stocks rebounded as well with some firms seeing 5% gains for the day. West Texas Intermediate crude …
Oklahoma AG takes on EPA over ozone emissions rule
Oklahoma Attorney General Gentner Drummond filed a federal lawsuit against the Biden administration’s Environmental Protection Agency (EPA) over its rejection of Oklahoma’s plan regarding ozone emissions. The petition to review the disapproval was filed March 2 with the U.S. Court of Appeals for the Tenth Circuit. In addition to disapproving Oklahoma’s state implementation plan (SIP) …
ROFR movement remains alive across the U.S.
While controversial “Right of First Refusal” efforts in the Oklahoma legislature are dead this session, similar moves remain alive in the Kansas legislature and elsewhere. It’s an effort that could affect the cost borne by taxpayers for new transmission lines not just in Kansas but across the nation. Other efforts are underway in other …
Williams annual meeting to be held in April
The annual meeting of stockholders of Williams is set for April 25 and will again be “completely virtual” according to the company’s announcement. It will begin at 2 p.m. Central Daylight Time. Williams said because the meeting is once again completely virtual, it will allow more stockholders to participate. The record date is the …
Most energy bills didn’t pass muster in Wyoming legislature
With a few exceptions, most energy bills presented to Wyoming legislators this session got a “thumbs down.” Some missed legislative deadlines and others just ran out of time according to the Casper Star Tribune. The list of those that received last rites pertained to electric vehicle charging, carbon capture, restructuring of rooftop solar …
Utilities defend their high costs in Colorado
Colorado legislators exploring the high cost of utilities were told this week colder winters are to blame in part for inflated utility bills, not higher base rates and fees charged to customers. The defense of profits and rates for electricity and gas came from representatives of Excel Energy and Black Hills who appeared before …
Oil production is on the rebound in North Dakota
North Dakota’s oil and gas industry, the third largest in the nation, rebounded in January from the severe cold weather of December that shut down oil and gas production. The state reported this week that production grew by 11% over the dismal December and no doubt thanks to the efforts of Oklahoma energy firms …
More energy reads
** A newly found memo shows the Biden administration was really attempting to ban gas cooking stoves in homes, even though the White House denied it. The memo from Biden Consumer Product Safety Commissioner Richard Trumka Jr. proves it. The memo, which the Biden admin tried to keep top secret, concludes: “There is sufficient information …
