A U.S. House Committee that includes Oklahoma Congressman Frank Lucas as a member, plans to target banks and financial institutions that promote environmental social and governance-risk factors as part of their investment process. The bills would be similar to Oklahoma’s new Energy Discrimination Elimination Act that took effect late last year and was created …
** Rep. Alexandria Ocasio-Cortez on Tuesday failed to slow down the House Republican push for new oil and gas leases on federal land after GOP lawmakers shot down her attempt to require further study of the public health impacts of energy extraction. ** As Colorado River basin states struggle to come to an agreement over proposed …
Whether it was another of his exaggerated stories that cannot be verified, President Biden in his State of the Union address Tuesday night told Congress the nation will still need oil and natural gas for years to come. This from the President who launched an attack on the oil and gas industry from the …
Gulfport Energy in Oklahoma City revealed this week its natural gas production was hurt by the December 2022 weather event called Winter Storm Elliott. The company made the admission in a filing with the Securities and Exchange Commission stating that the “abnormally cold temperatures across both Oklahoma and Ohio—led to production downtime.” Gulfport explained …
Blaine County, one of the three primary counties that makes up Oklahoma’s oil-rich STACK play, was the source of a strong producer for Marathon Oil Company. The company filed a completion report on the Alta Bia 1511 3-31-30mxh, located at 19 15N 11W, 5 miles due south of Watonga. The well, completed in November 2022 …
Oklahoma energy stocks responded Tuesday with a strong day in trading as crude oil prices rose more than 3%. It came after Federal Reserve chairman Jerome Powell eased market worries over interest rate hikes. West Texas Intermediate crude went up 4.1% or $3.03 per barrel to finish at $77.14 on the New York Mercantile …
Environmentalists and faith leaders in Kansas contend TC Energy has not been transparent about its Keystone pipeline spill in December that dumped 55,000 barrels of oil into a creek. They held a vigil this week at the state capitol in Topeka to call attention to their charges before state legislators reported the Kansas Reflector. …
Congressman Tom Cole says it’s time the country had a plan and act on it to reverse the damage President Biden has done to the nation’s energy security by draining the Strategic Petroleum Reserve to its lowest level in 40 years. Writing this week, the Oklahoma Representative declared, “The Biden Administration’s ongoing war on …
If the federal government forecast is accurate, natural gas prices at the Henry Hub in Louisiana will drop nearly half of what they were in 2022. All because of a warm winter. The forecast from the U.S. Energy Information Administration predicts natural gas prices at the Hub will average at $3.40 per million British …
A bill before the Oklahoma legislature would unitize wind and solar farm leases much the way unitization is implemented for oil and gas production. It might result in changes to the way Oklahoma landowners are paid for such renewable energy leases. SB770 was filed by Oklahoma City Democratic Sen. Carri Hicks and if approved, …
