** A bill in Congress would block the U.S. Postal Service from entering into a contract for new vehicles unless 75% of them are electric. ** An auto industry report shows electric vehicle sales increased 11% year-over-year in the fourth quarter of 2021, while gasoline vehicle sales fell slightly. ** The U.S. Energy Department awards $9 million to Indigenous tribal nations in Western states for …
Oklahoma and others fight new FERC natural gas policies
Oklahoma is one of 19 states challenging two natural gas policies established recently by the Federal Energy Regulatory Commission. The states contend the changes adopted by FERC infringe on the rights of states to pursue the energy resources of their choice, according to a report by Energy Wire. The appeal was led by Louisiana …
Making sure it doesn’t happen again to consumers
As OK Energy Today reported earlier, some state legislators have introduced legislation to make sure utility customers in Oklahoma aren’t hit with the same kind of costs as they were following the 2021 February winter storm. KFOR TV reported on the status of the legislation and efforts to make sure consumers aren’t left holding …
Superior Pipeline Company President resigns
Tulsa’s Unit Corporation announced the resignation of the President of Superior Pipeline Company, L.L.C., its mid-stream affiliate. In a filing with the Securities Exchange Commission, the company said Michael L. Hicks resigned March 15. He had been named President of Superior on April 1, 2020. Prior to that, Hicks had been Chief Operating Officer, …
US crude back up to $112 while OK energy stocks improved too
While European nations disagreed Monday whether to join the U.S. in a Russian oil embargo over its invasion of Ukraine, crude oil futures rose more than 7% in trading. Prices settled in the $112 to $115 range. West Texas Intermediate crude for April delivery rose $7.42 and settled at $112.12 a barrel on the …
Cheniere wins approval for LNG export expansion
Cheniere Energy, the company with a pipeline transporting natural gas out of Oklahoma’s STACK and SCOOP oil plays south to Gulf Coast operations has received government approval for more LNG sales to European countries. Cheniere, with export operations in Louisiana and Texas received Energy Department approval to make more gas than covered by previous …
Supreme Court sets dates for storm bonding requests by 3 utilities
The Oklahoma Supreme Court has set April 13 hearing dates on the more than $3 billion in the latest bond securitization requests to cover 2021 February winter storm costs of three state utilities. Supreme Court Chief Justice Richard Darby appointed Court Referee Kyle Rogers to hear the requests made by the Oklahoma Development Finance …
Oklahoma regulators to meet Tuesday
Oklahoma Corporation Commissioners will meet Tuesday to consider some changes to their rulemaking regulations. The 9:30 a.m. meeting agenda was recently released. Call to order B. Announcement concerning public notice C. Determination of quorum II Consideration of and possible vote(s) on proposed or potential orders in causes on the daily signing agenda docket. At …
Operators fined by New Mexico over methane emissions
The state of New Mexico fined five oil and gas operators a total of $275,000 for not meeting new state requirements to report methane emissions . The five operators, according to the Carlsbad Current-Argus, are based in Midland, Texas. Click here for Carlsbad Current-Argus
Buttigieg says Texas should have a commuter train service
Transportation Secretary Pete Buttigieg came to Texas last week, the land of wide open spaces and pickup trucks, and pushed again for a commuter rail line between Austin and San Antonio. “There’s no reason that quality, speedy train service should only be something in the Northeast,” Buttigieg said in an interview with The Texas …
