Add the state of Wyoming to the list of those that want nothing to do with ESG policies affecting how the state invests its money. Oklahoma created a law against investment firms with ESG policies who discriminated against the oil and gas industry. This past week, Wyoming Secretary of State Chuck Gray called such …
The “What If?” question about the Biden administration’s oil and gas policies
Where would the U.S. stand today in the world’s oil and gas production if President Biden on his first day in office had not taken the restricting actions he did against the industry? How would the recently-announced production cuts by OPEC+ affect us? A recent study by the Committee to Unleash Prosperity and authors …
Energy headlines across the US and the World
** The Environmental Protection Agency (EPA) is expected to announce the new tailpipe emissions standards, which will impact cars manufactured between 2027-2032, next week during a ceremony in Detroit, Bloomberg reported, citing officials briefed on the proposal. In a statement, the EPA confirmed the standards are designed to incentivize consumers to purchase electric vehicles (EV). ** …
Oklahoma county wildfires caused $727,000 damages on last day of March
Oklahoma County Assessor Larry Stein reported the March 31 wildfire damage totaled more than $727,000 where at least two of the 76 homes and structures lost in the fires were in the county. Others were in Logan county and Stein’s assessment of damage did not include Logan County. “Our crews and I were at …
Flip Flopping charges made by oil and gas against the Biden DOJ
The Justice Department has been accused of “flip-flopping” in a case involving the efforts of Boulder, Colorado seeking climate change-related damages. The oil and gas industry, represented by ExxonMobil Corp. and Suncor Energy Inc. contends the government changed its argument since the original argument. The firms challenged a February 2022 ruling by the 10th U.S. …
Mitchell Talks Energy—tense politics at the Corporation Commission and more
When Scott Mitchell talks energy, you just never know where the discussion will go. In the latest edition of “Mitchell Talks Energy,” he and OK Energy Today’s Jerry Bohnen delve into the latest debate at the Oklahoma Corporation Commission and how the political differences among the 3 commissioners are growing a little tense. Plus, …
Crude oil made slight gains on Thursday while OK energy stocks recorded losses
Crude oil prices on Thursday made only slight gains for the day but for the third week in a row, they recorded gains. Oklahoma energy stocks had losses in the day’s trading. Markets didn’t express a lot of optimism and analysts continued to worry about more OPEC+ production cuts and falling U.S. oil inventories. …
Whistleblower retaliation by Commerce Department probed by Lucas and others on House Committee
Reports of retaliation by the Commerce Department against whistleblowers are being investigated by Rep. Frank Lucas and others on the House Science, Space, and Technology Committee. Together with Ranking Member Zoe Lofgren of California, Lucas and California Republican Congressman Jay Obernolte sent a letter to the Inspector General at the Commerce Department. They notified …
New Fort Sill and Lawton Science and Technology center opened with ceremony
U.S. Sen. James Lankford and Rep. Tom Cole were on hand this week for the ribbon-cutting ceremony for a new center which will serve as a site for collaboration between the private sector and defense industry at Fort Sill. The ceremony was for the opening of the Fires Innovation Science and Technology Accelerator (FISTA) …
Latest rig counts indicate slowdown in Oklahoma and other oil and gas states
The latest oil and gas rig count provided by Baker Hughes Co. offered another indication of a slowing economy as numbers declined from the previous week. Baker Hughes on Thursday reported a decline of four rigs leaving the nation’s total at 751. Oklahoma’s count also fell, decreasing by one to 58. A year ago, …