Four more energy-related bills, including two focused on reforming the Oklahoma Corporation Commission, will be considered this week by the Oklahoma House Utilities Committee. Members will meet Thursday morning at 10:30. The two Corporation Commission reform bills contain no specifics. HB1977, the Corporation Commission Reform Act, was filed by Cherokee Rep. Carl Newton. HB2845, is the …
LSB Industries gets serious about carbon capture efforts
Oklahoma City’s LSB Industries, Inc. took another step forward in its carbon dioxide capture efforts. The chemical manufacturer announced that with Lapis Energy LP, it is filing a permit application with the EPA to construct a Class VI well as part of their joint project to capture and permanently sequester carbon dioxide at LSB’s …
New Mexico cities and towns to get help in rebuilding after 2022 wildfires
The devastating wildfires that tore through New Mexico last year prompted the state’s governor this week to sign legislation allowing local governments to begin restoration work involving zero-interest loans. “This funding will help get infrastructure rebuilt and repaired immediately, empowering our communities to continue to heal,” the governor said in a tweet on Monday …
Flow of immigrants and steel—fought by Arkansas Senator
The flow of millions of illegal immigrants across the U.S. border with Mexico isn’t the only thing Arkansas U.S. Sen. Tom Cotton opposes. He’s also come out against what he calls the “unsustainable surge of Mexican steel imports.” The GOP Senator was joined by a dozen other Senators in sending a letter to Commerce …
Electricity fight underway in Kansas legislature
A proposed bill in the Kansas legislature to allow churches and schools and hospitals to directly acquire electricity from solar arrays is being fought by at least four utilities, including the largest in the state, Evergy. Evergy, along with Kansas Electric Cooperatives, Wheatland Electric and Heartland Rural Electric Cooperative oppose the bill that would …
Shares grow for Devon’s President and CEO
Devon Energy’s top man, Richard Muncrief, President and Chief Executive Officer, just picked up another 10,000 shares in the company. A Form 4 filing with the Securities and Exchange Commission showed his acquisition of the company shares, each valued at $53.28. It figures out to be $532,800 in value for Muncrief. It also means …
“Red” McCombs, oilman and pro sports team owner dead at 95
Texas oilman B.J. “Red” McCombs died this week at his home in San Antonio. He was 95 and was equally known for the professional sports teams he owned over the years including the San Antonio Spurs, the Denver Nuggets and the Minnesota Vikings. Click here for Yahoo Sports
Williams joins UN’s Methane Performance Initiative
Williams announced it has joined the United Nations Environment Programme’s (UNEP) Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the global initiative designed to improve the energy industry’s methane emissions reporting and to encourage progress in reducing those emissions. Joining OGMP 2.0 supports Williams’ next generation natural gas strategy to drive transparency and decarbonization of …
Identifying those deadly chemicals released in Ohio train derailment
While the Palestine, Ohio train derailment left the small city in fear over the harmful effects of the chemicals spilled into the incident, what exactly were those chemicals? We were told that they were hazardous materials used in the manufacture of plastics. The primary chemical released in the crash was vinyl chloride which is …
Brief energy highlights
** The Senate Environment and Public Works Committee will hold a hearing on the East Palestine derailment on an unspecified date in early March. ** Physical attacks on the power grid are likely to increase this year, according to a confidential industry analysis viewed by The Wall Street Journal, as attacks increased by 71% in …
