Oil and gas group fights bans of natural gas hookups in Colorado

  An advocacy group funded by some of Colorado’s largest oil and gas producers is calling for a statewide ballot initiative to stop cities and counties from banning natural gas hookups in new buildings. Lawyers working on Protect Colorado’s behalf submitted draft language for the potential 2024 ballot measure to state officials on Aug. 25. …

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The fight over a tiny lizard and how it could stall Permian Basin oil production

  Cute little rascal, isn’t he? He’s now at the center of a fight in the nation’s richest oil and gas region—the Permian Basin. The oil and gas industry is standing up to government efforts to designating the small dunes sagebrush lizard an endangered species in West Texas, right in the heart of the Permian …

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Depending totally on the GRID

  Just something to ponder as you consider how to power your home. Or whether to switch to an all-electric home.   While the Biden White House adopted a government-wide policy to “accelerate affordable, equitable, and efficient electrification of American homes, businesses, and transportation,” it also raises the question of the danger of depending totally …

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Quick reads

** President Biden on Wednesday said he would welcome a potential Republican investigation into the federal government’s response to deadly wildfires in Maui after he laid out what his administration has done to help the island recover. ** Rivian, an electric vehicle manufacturer, is teaming up with renewable energy company BrightNight and environmental organization The …

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Gains made by crude oil on tight crude supplies in US

Tighter-than-expected crude supplies in the U.S. prompted a slight gain in oil prices on Wednesday. At the same time, most Oklahoma energy stocks made increases for the day. West Texas Intermediate crude recorded a 47 cent gain to $81.63 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, rose 37 cents …

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Crude oil inventories fall more in US and at the Cushing Hub

  Another fall in crude oil inventories was reported across the U.S. and including at Oklahoma’s Cushing Hub. The Energy Information Administration reported national stocks fell by 10.6 million barrels in the past week, far more than expected on the back of increased exports. Crude inventories fell to 422.9 million barrels, the lowest amount since …

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Kansas regulators deal a setback for Evergy’s proposed rate hikes

  Customers of Evergy, including the city of Wichita, aren’t the only ones who believe a $218 million rate hike proposed Evergy isn’t justified. Now the Kansas Corporation Commission agrees. Regulators announced this week its staff concluded Evergy should not raise rates, but rather lower them, especially in the Kansas City area. The staff also …

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Is ESG movement by investment firms growing weaker?

  While the state of Oklahoma kept BlackRock on its list of investment firms banned from handling state pensions and investments because of its ESG policies, things are quickly changing for the New York company. BlackRock made Oklahoma’s first list of blackballed companies because it targeted the state’s oil and gas industry, and that wasn’t …

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Construction to begin soon on Enel’s $1 billion solar panel plant in Inola

  Construction on Enel North America’s more than $1 billion solar cell and panel manufacturing plant in northeast Oklahoma is expected to get underway in the next few months. The factory will be located in Inola and Enel is in the process of completing the engineering and design phase of the 2-million-square-foot plant. Enel announced …

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Public Service Company of New Mexico told it needs more renewable energy power

  Public Service Company of New Mexico is being told by a nonprofit that the utility will have to add nearly 1,400 MW of wind and solar power if it expects to become emissions-free by 2040. New Mexico’s Energy Transition Act requires utilities to reach 40% renewables by 2025, 50% renewables by 2030, and 100% …

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