We’re approaching eight months since Oklahoma Attorney General Gentner Drummond announced the launching of an investigation into the 2021 winter storm that led to historic natural gas prices in the state. As the Oklahoma Watch found out, there has been little progress, at least publicly, about the investigation. If there is progress as promised …
Approval of the transporation for NASA astronauts after they return to earth…..one of several bills approved by the House Committee led by Oklahoma Rep. Frank Lucas. His House Committee on Science, Space, and Technology passed eight bipartisan bills at a full committee markup. The legislation considered spanned various sectors, from space and energy to research …
Texas and New Mexico are in a water fight—with the federal government and their case was heard this week by the U.S. Supreme Court. At the heart of the matter is Rio Grande Compact of 1938 reached between the two states in an agreement over how to divide the wataer from the Rio Grande …
Some Colorado landowners don’t like the abandoned oil wells left on their land so they have gone to court. They sued Denver-based oil company HRM Resources and accused the firm of transferring hundreds of orphaned wells to a shell company to avoid millions in clean-up costs reported the Guardian. The report indicated the wells …
** The Biden administration finalized a rule Wednesday that’s expected to make a significant amount of the new car market electric or hybrid. Under the rule, 56 percent of the new vehicles on the market in 2032 could be battery electric, while an additional 13 percent could be plug-in hybrids. ** Texas and New Mexico …
Dallas Cowboys owner Jerry Jones made energy news this week by investing more than another $100 million in Comstock Resources, Inc., the independent natural gas producer with operations focused on the development of the Haynesville Shale in North Louisiana and East Texas. Jones is the majority shareholder in the company based in Frisco, Texas, …
As the Oklahoma Forestry Division cautioned that the highest fire danger on Wednesday would be in the Panhandle, it wasn’t far off. A wildfire broke out near the Harper County town of Selman and fire departments issued a wildfire warning, urging some residents just east of Selman to evacuate the area. Selman, located about …
The Oklahoma Corporation Commission’s Petroleum Storage Tank Division is set to hold its annual Industry Roundtable Meeting. In a notice this week, the PSTD stated the purpose of the meeting is to continue engagement with stakeholders, have open and broad conversations about the rules, and determine whether to conduct a formal rulemaking. The Industry …
Public Service Co. of New Mexico went before the New Mexico State Supreme Court and lost this week as the justices denied the state’s largest electric utility a rate rider to collect millions of dollars more from customers under New Mexico’s Renewable Energy Act. It was a unanimous ruling to reject PNM’s appeal of …
As Federal Reserve Chairman Jerome Powell announced the Fed decided to leave the nation’s interest rate exactly where it is, it sent crude oil prices sliding downward. West Texas Intermediate crude, the benchmark in the US, dropped $1.79 or 2.14% to finish the day at $81.68 a barrel on the New York Mercantile Exchange. …