China’s policies over COVID-19 sent U.S. crude oil prices up again in Tuesday’s trading. A loosening of the country’s strict controls as well as weakness in the U.S. dollar were behind the rising level of trading. West Texas Intermediate crude for January delivery rose 96 cents or 1.2% to finish the day at $78.20 …
Rep. Bice says Biden’s energy policies share blame for possible nationwide rail strike
Oklahoma U.S. Rep. Stephanie Bice has her eye on the possibility of a nationwide rail strike, putting some of the blame on President Biden’s anti-fossil fuel policies. In a column this week, the 5th District Rep. said she is concerned about further concessions to the unions and the crushing effect of a rail strike. …
ConocoPhillips joins QatarEnergy to send LNG to Germany
ConocoPhillips and QatarEnergy announced the signing of two agreements to supply long-term liquefied natural gas (LNG) to Germany. The suppliers are joint venture companies established between ConocoPhillips and QatarEnergy to participate in the North Field East (NFE) and North Field South (NFS) projects, and the buyer is a wholly owned subsidiary of ConocoPhillips. First …
Archaeologists warn against drilling around New Mexico’s Chaco Canyon
More warnings were made by archaeologists against oil and gas drilling around the historic Chaco Canyon region of northwest New Mexico. They contend the drilling threatens hard-to-identify ancient agricultural fields reported New Mexico Political Report. Click here for New Mexico Political Report
School districts to suffer from Supreme Court tax credit ruling
The Oklahoma Supreme Court ruling against the use of federal production tax credits used on construction of wind and solar farms, a story first reported in October by OK Energy Today, will apparently have a big impact on school districts across the state. NonDoc reported it will mean a reduction in valuation in school …
Wyoming oil producers angry over Biden’s move to ease restrictions on Venezuela
Wyoming oil producers say it’s “madness” for the Biden administration to ease sanctions against oil-rich Venezuela and allow Chevron oil company to increase production in the South American country. “This is just another attempt by the administration to do everything they can, other than support American energy workers here in the United States,” said …
Feds propose limited flaring on public lands
The Biden administration is out with another anti-flaring plan—this time targeting oil and gas drilling on public lands. The proposed rules announced this week would limit methane lanes and would join other rules already n plane on private lands reported Reuters. Click here for Reuters
Additional headlines
** President Joe Biden and Speaker Nancy Pelosi are moving to prevent a looming shutdown of the nation’s freight railroads with the House preparing to take up legislation this week to impose a settlement over the objections of some unions. ** More than 400 groups on Monday called on Congress to intervene in an ongoing railroad …
Western Oklahoma airplane crash leaves two dead
The identities of two persons killed Monday morning in the crash of their single-engine airplane at the Gage Airport were released this week. The Cessna 170 crashed around 8:30 a.m. according to the Oklahoma Highway Patrol. Gage is located in the northwest part of the state and is about 160 miles from Oklahoma City. …
Lawsuit blaming Xcel Energy for deadly Colorado fire to move forward
A lawsuit blaming Xcel Energy for the December 2021 fire that destroyed a thousand homes near Denver will be allowed to move forward ruled a judge. District Judge Christopher Zenisek rejected Xcel Energy’s motion to dismiss the class action lawsuit reported Colorado Hometown Weekly. The fire burned more than 6,000 acres and destroyed more …
