Oklahoma congressman Frank Lucas had some words of caution about investing in the country’s efforts to handle climate change…it’s one thing to put money into brick and mortar projects but it’s quite another to invest in preparation. As the Ranking Republican on the House Committee on Science, Space and Technology, he spoke Tuesday at …
Majors to increase Permian Basin oil production in light of Russian war
At least two major oil companies, Exxon Mobil and Chevron say they are increasing their oil production from the Permian Basin field in West Texas and southeast New Mexico. It is a response to record-high oil prices that came about because of Russia’s invasion of Ukraine. Prices are at their highest levels in 14 …
World’s largest hydrogen storage site planned in South Texas
Hydrogen City, Texas – World’s Largest Green Hydrogen Production and Storage Hub What is being billed as the world’s largest green hydrogen storage hub has been proposed in South Texas by Green Hydrogen International. The company said it plans to construct Hydrogen City, Texas and storage hydrogen in …
Canadian leader calls for revival of Keystone XL pipeline
While the Biden administration is at odds with even its own Democrats in Congress over calls to ban oil purchases from Russia, a Canadian leader says it’s time to revive the Keystone XL oil pipeline, the one killed by President Biden on his first day in office. Alberta Premier Jason Kenney told reporters this …
Cole—America must stop buying Russian oil
Oklahoma Republican Rep. Tom Cole has ratcheted up his call on the Biden White House to ban U.S. purchases of Russian war while Russian soldiers attack Ukraine. The following is a column released this week by Rep. Cole. It was issued before President Biden’s Tuesday announcement of banning U.S. purchases of Russian oil. …
What Texas oil leaders say about Biden’s energy missteps
After interviewing several Texas oil leaders, the Odessa American, Texas newspaper came to the conclusion that President Biden was caught with his pants down when it came to a U.S. energy policy in regards to the war in Ukraine. Click here for Odessa American, Texas
Beto’s claims leads to lawsuit by Energy Transfer chairman
Energy Transfer chairman Kelcy Warren has filed a defamation lawsuit against Democrat Beto O’Rourke who is running for governor in Texas and made the claim that Warren “bought off” the state’s governor after Winter Storm Uri. The Associated Press reported the suit stems from O’Rourke’s accusations made against Warren for his $1 million donation …
More energy headlines
** Vice President Kamala Harris unveiled a series of measures Monday that the Biden administration is taking to reduce air pollution and the greenhouse gas emissions that cause climate change. ** Apache Corporation, a subsidiary of APA Corporation and LongPath Technologies, Inc. are announcing an expansion of their partnership for continuous methane emissions monitoring in the Permian Basin …
API says White House is “misusing” facts about oil permits
The head of the American Petroleum Institute says the White House is “misusing facts” when it makes the claim that the oil and gas industry has more than 9,000 federal drilling permits that are not being used. It’s claim that White House Press Secretary Jen Psaki continues to make when reporters press her about …
Crude hit all-time high of $139 on Monday
Not since 2008 has the world seen crude oil prices as high as they soared on Monday when a barrel of oil traded for more than $139. The credit rests with the extreme fighting between Ukrainian defenders and invading Russian soldiers, fighting that has left thousands dead. The potential return of Iranian crude to …