Because of President Biden’s recent moratorium on LNG projects across the nation, four such LNG projects totaling billions of dollars are on hold in the state of Texas. Developers contend the White House, as a result of the order, is jeopardizing hundreds of millions of dollars invested by developers. The Houston Chronicle reported that …
A Federal Appeals Court has ruled in part against Loves’s Travel Stops and Country Stores, Inc. in a legal fight with a firm it hired to help develop a nearly $300 million renewable diesel facility that is still under construction near Hastings, Nebraska. The Tenth U.S. Circuit Court of Appeals overturned part of an …
It is a big day at the Oklahoma State Capitol. The Oklahoma Legislature returns to session and depending on your viewpoint of legislators, can be a circus or a scary time for voters. We’ll be paying attention to how much focus on energy the Governor gives in his annual State of the State Address …
The Oklahoma Corporation Commission took action on Saturday regarding oil and gas operations that may have played a role in the Friday earthquake that measure 5.1 magnitude and was felt in four other states. The epicenter was several miles northwest of Prague and at a depth of about 1.8 miles below the surface. …
Bob Jackman, an independent geologist and close follower of water and how it can help Oklahoma and also hurt the state believes the 84-year old levee system developed to protect the city of Tulsa is “worthless.” In an opinion piece for the Tulsa World, Jackman pointed out how the U.S. Army Corps of Engineers, …
While renewable energy fans raved about how wind and solar farms produced electricity during the recent frigid weather that hit Texas, it was still coal and natural gas that remained strong fuels for the electricity to keep homes warm—-and from the state’s energy grid doing a repeat of the 2021 Winter Storm Uri. It’s …
About 250 steel workers laid off last month at the Evraz Rocky Mountain Steel Mill in Pueblo, Colorado are expected back on the job in a few weeks. Eric Ludwig, president of the United Steelworkers Local 2012, told the Pueblo Chieftain explained they were temporary layoffs and all let go in January should be …
Oklahoma’s tax revenue for January rose nearly 8%, but State Treasurer Todd Russ says unfortunately, gross production tax revenue from oil and gas in the state fell more than 12%. All tax sources total $1.51 billion for January, up $107 million, or 7.6 percent, when comparing to January of last year. Revenue from the …
Yes, gasoline prices are edging back up. AAA Oklahoma reported going into the weekend how prices rose in the state and across the country. The national average for a gallon of gas rose by a nickel since last week to $3.15. The upward trend is likely a combination of oil costs edging into the …
While the U.S. has become the largest producer of crude oil in the world, the number of drilling rigs dropped by two in the past week to settle to 619 according to the latest Baker Hughes Co. report released on Friday. The number of oil drilling rigs was unchanged at 499 while the number …