The Oklahoma House has passed legislation to create a $5 million annual fund to offset the fiscal impact of roads affected by heavy oil and gas industry traffic. By a vote of 86-0, House Bill 3037, authored by Rep. Brad Boles, R-Marlow was approved on Tuesday. The bill will create the Municipal Road Drilling …
Other energy headlines
** Oil industry executives are meeting with U.S. officials this week as surging energy prices and mounting national security concerns bring together two groups that have had a distant relationship since President Joe Biden’s inauguration. ** U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe’s supply crisis as they export record volumes to …
Alberta leader questions why Biden doesn’t want Canadian oil
Alberta Premier Jason Kenney put even more pressure on President Biden this week as he questioned Biden’s energy policies that he contends put higher priorities on obtaining oil from OPEC countries and Venezuela rather than from Canada. “It is inexplicable for us as Canadians to watch what’s happening in American policy emanating from …
OPEC officials meet with Chesapeake and other oil and gas leaders
Chesapeake Energy CEO Dominic Dell’Osso was among U.S. shale oil company leaders who met this week in Houston with OPEC officials. He and other major company leaders attended a dinner with OPEC Secretary General Mohammad Barkindo at a restaurant adjacent to the CERAWeek conference site. Officials from the Organization of the Petroleum Exporting Countries (OPEC) …
Until the war in Ukraine–Biden administration didn’t have much to say with oil and gas people
It apparently took a war between Russia and Ukraine to get the Biden administration talking again with U.S. oil and gas industry leaders. At least that’s the suggestion of ConocoPhillips CEO Ryan Lance reported Fox Business. Click here for Fox Business
Despite war in Ukraine, US expects higher oil production
The U.S. government expects crude oil production to increase to an average of 12 million barrels of oil a day in 2022. The U.S. Energy Information Administration’s latest Short-Term Energy Outlook says U.S. crude oil production had fallen below 11.6 million b/d in December 2021 which was the most recent monthly historical data point. That’s …
SE Asia Economic office bill wins Oklahoma House approval
The Oklahoma House passed a bill this week to create a Southeast Asia Economic Trade Office and locate it in Taiwan. House Bill 3166, authored by Rep. Judd Strom, R-Copan and co-authored by Rep. Logan Phillips, R-Mounds passed on a vote of 82-11 and is eligible to be heard by the full Senate. If such …
Hern—Biden must confront his failed policies that have led to our energy crisi
In The Hill this week, Oklahoma Republican Congressman Kevin Hern offered a column on his thoughts about President Biden and his war on oil and gas. Here is what he wrote: The Biden administration refuses to take the blame for their self-inflicted energy crisis. While gas prices have steadily risen for a year, Biden …
Mullin presses Intelligence community on role of American energy in global stabilization
Oklahoma congressman Markwayne Mullin was among those who pushed the U.S. Intelligence Community this week about the role U.S. energy plays in global stabilization. Their questions to Director of National Intelligence Avril Haines came during a hearing of the House Permanent Select Committee on Intelligence. Haines and other agency officials offered their assessment of …
Oil company indicted over 2019 deaths near Odessa, Texas
Nearly three years after a Texas oil company employee and his wife died from a gas leak inside a company-owned facility, the Department of Justice has charged the company in connection with the deaths. The Fort Worth Star-Telegram reported Odessa-based Aghorn Operating Inc. was indicted by a federal grand jury over the 2019 incident. …
