State media in China reacted angrily to Arkansas’ recent move forcing a China-owned company to give up 160 acres of farmland over concerns of foreign ownership of farmland. It is the first such action under a wave of new U.S. laws regarding the restriction of foreign farmland ownership. “This is another daily absurdity from American …
** Chevron agreed to buy U.S. rival Hess for $53 billion in stock in a deal that reflects top U.S. energy companies drive for oil and gas assets in a world seeking lower-risk future fossil supplies and higher shareholder returns. The proposed deal amps up competition between Chevron, the No. 2 U.S. oil and gas producer, and …
The immense project designed to carry wind-powered electricity from Southwest Kansas and across Missouri to Illinois and Indiana is closer to actual construction. For more than ten years, developers of the $7 billion Grain Belt Express, a project aimed at carrying 5,000 megawatts of power more than 800 miles, have faced regulatory fights and legal challenges. …
While Oklahoma Sens. Lankford and Mullin weren’t part of it, it’s worth mentioning how some Republican Senators were joined by West Virginia Senator Joe Manchin in filing a bill to counter the Biden administration’s radical environmental agenda and its impact on consumer vehicle choice. The bill, the Choice in Automobile Retail Sales (CARS) Act, …
Fans of Oklahoma’s Heartland Flyer will want to know that Kansas Senator Jerry Moran recently put a new hold on President Biden’s slate of Amtrak Board Nominees. His hold followed a release of a similar hold by Montana Democratic Sen. Jon Tester. The hold is a sign of Moran’s opposition of nominees who fail …
Oklahoma legislators have decided that two issues to be considered in interim legislative studies have the potential to be so controversial, they will hold separate hearings on Monday at the State Capitol. The Senate Senate Energy and Telecommunications committee, led by Sen. Lonnie Paxton, will hold a morning hearing into ROFRs, the Right of …
Chesapeake Energy is reported to have started talks about acquiring Southwestern Energy Company, an energy firm with projects in Appalachia and the Haynesville plays. The initial report from Reuters indicated that talks between Chesapeake and Southwestern are in the preliminary stage, indicating that no concrete decision has been made at this point. There is …
It wasn’t too many years ago when then U.S. Rep. James Lankford was a strong advocate for the U.S. to move quickly during the Obama administration to allow the export of more LNG. It was 2013 to be precise and Lankford was critical of the Obama administration’s State Department for slow-walking or not even …
The release of two Americans held hostage by the Islamic terror group Hamas apparently eased worries of investors on Friday as crude oil prices dipped a little in trading. At the same time, Oklahoma energy stocks experienced declines. The release has some hoping the war might de-escalate and not engulfing the rest of the …
** Navigator CO2 Ventures announced it will cancel its plans for a 1,300-mile (2,092-kilometer) pipeline across five Midwestern states that would have gathered carbon dioxide emissions from ethanol plants and buried the gas deep underground. The Heartland Greenway project would have carried planet-warming CO2 emissions from more than 20 plants across Illinois, Iowa, Minnesota, Nebraska and South …