Following the surprise move by Continental Resources to acquire Pioneer Natural Resources Co.’s Delaware Basin assets in a $3.2 billion deal, Continental CEO William Berry maintains the company will have a conservative approach in the remainder of 2022. It’s what he told Hart Energy in a recent interview. “—we see no reason for companies …
First EV rolls off assembly line at Ford’s Kansas City plant
Ford’s Kansas City car-manufacturing plant just produced its first electric vehicle, the 2022 E-Transit van, the electric version of the popular Ford Transit cargo van. The company announced Tuesday the E-Transit is its second EV following the brand’s Mustang Mache-E reported the Kansas City Star. Click here for Kansas City Star.
Crude oil and OK energy stocks slipped on Monday
After reaching $92 a barrel on Friday, crude oil on Monday slipped nearly a dollar. Oklahoma energy stocks fell as well. West Texas Intermediate crude for March delivery dropped 99 cents and closed at $91.32 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude for April delivery fell 58 cents and …
No “energy” in Gov. Stitt’s state of state address
It took Oklahoma Gov. Kevin Stitt about 38 minutes to deliver his fourth state of the state address on Monday to the Oklahoma legislature….and there was no mention of Oklahoma’s energy industry. Not one word about oil and gas, wind, solar power and their contributions to the state’s healthy economy. While he spoke of …
Senators urge EPA to delay WOTUS “land grab”
The names of Oklahoma U.S. Sens. Jim Inhofe and James Lankford are among the 50 Senate Republicans who recently urged the EPA and the U.S. Army Corps of Engineers against updating their definition of waters protected under the Clean Water Act. The Senators want the two bodies to pause until the U.S. Supreme Court …
Congressional Dems take aim again at Big Oil
House Democrats will try again this week to put big oil and gas on the global warming spotlight. Reps for Exxon, Chevron, Shell and BP refused to go along with the politically-driven effort by the U.S. House Committee on Oversight and Reform led by Rep. Carolyn B. Maloney. They had declined invitations to testify …
Kansas expands EV charging stations on interstate and turnpike
More electric vehicle charging stations will be going up along Interstate 70 and the Kansas Turnpike. The Associated Press reports the state just awarded $2 million in grants to operators of travel centers along the two major highways. Click here for AP
Oklahoma ranked 9th in sending electricity to other states in 2020
The U.S. Energy Information Administration released figures this week that Pennsylvania sent more electricity to neighboring states in 2020 while Oklahoma was ranked ninth highest. While nearly 78 million megawatthours of electricity generated in Pennsylvania was delivered to neighboring states during the year, Oklahoma appeared to have distributed about 16 million megawatthours to its neighboring …
New CEO to take over at Tallgrass Energy
Tallgrass Energy, LP, the Kansas City-based oil and gas pipeline firm with more than 7,500 miles of operations in the Midwest down into Oklahoma, announced a change in company leadership. The firm’s Board of Directors named William R. Moler to Non-Executive Chairman of the Board effective July 1 of this year. Moler will be …
Wyoming legislators consider proposal to reimburse fossil fuel producers
Those Oklahoma oil and gas exploration companies involved in drilling operations in Wyoming might be paying attention to a new piece of legislation in the state. There, some lawmakers are supporting a proposal to provide a tax refund to fossil fuel productions to offset a potential federal mineral royalty rate hike. Click here for …
