Equipment malfunction is blamed for the release of an estimated 25 million cubic feet of natural gas from a pipeline in western Colorado. Kinder Morgan Inc. operates the TransColorado Pipelilne near Olathe, Colorado, a small town north of Montrose reported Bloomberg. Click here for Bloomberg
Texas coal plant sparks protests by residents
Pressure is being applied by environmental activists in Austin, Texas to force the city to test water that they contend is poisoned by coal cash from a nearby city-owned coal power plant. Activists have protested since May outside Austin Energy headquarters. They are members of 350 Austin, an environmental group reported Austin Monitor. Click …
EV truck manufacturer cuts multi-million dollar deal with state of Arkansas
California-based Envirotech strengthened its deal to bring an $80 million EV manufacturing plant to Arkansas with the signing of a $27 million deal with the Arkansas Economic Development Commission. The money will help in facility construction and expansion in Osceola reported Talk, Business and Politics. Click here for TBP
Supreme Court ruling impacts central Texas power plants
Central Texas power plants are among those directly affected by the U.S. Supreme Court ruling that limits the authority of the Environmental Protection Agency. The ruling put the brakes on the EPA’s attempted control of power plants that contributed to global warming reported KVUE TV in Texas. Click here for KVUE TV
Utility customers to also be hit with millions in fees over storm costs
Oklahoma customers of four utilities that the Supreme Court allowed to use nearly $2.9 billion in bonds to recover 2021 winter storm costs will be paying millions more in fees. The Oklahoman reviewed the cost of the bonds and reported it means added costs for customers. Click here for The Oklahoman
Other energy headlines
** More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs. ** Amazon.com Inc founder Jeff Bezos renewed his spat …
Sen. Lankford is told regulators are to blame for high energy costs
In his latest episode of The Breakdown with James Lankford, the Oklahoma Senator is told by a MP Morgan executive there’s not much the country can do to lower the skyrocketing gasoline prices. And the blame rests not so much with the oil and gas industry but the regulators. The program focused on energy costs to …
U.S. rig count dropped while Oklahoma was unchanged
The nation’s rig numbers slipped in the past week while in Oklahoma, drilling activity held its own, remaining at 60 rigs breaking the horizon. Baker Hughes Co. reported on Friday the national rig count slipped by 3 to 750. The number of oil rigs dropped by one to 595 while the number of gas …
Chesapeake leaders acquire more company shares
Just a few days after Chesapeake Energy doubled its share buyback offer from $1 billion to $2 billion, some executives in the company acquired more shares in the Oklahoma City company. The expanded buyback program was announced June 22 and reports filed with the U.S. Securities and Exchange Commission show at least three …
BLM conducts lease sale of Oklahoma and New Mexico land
The sale of federal land oil and gas drilling leases in Oklahoma and New Mexico on Thursday netted the government about $632,000 according to an announcement by the Bureau of Land Management. The BLM said the total amount of land acquired in the lease purchases was 535 acres in the two states and the …
