A top issue for Oklahoma’s new State Treasurer Todd Russ is making sure some financial institutions don’t target the oil and gas industry with ESG—Environmental, Social and Governance evaluations. “The dangers of ESG to our state’s financial well-being is a top issue for me,” Russ said after being sworn into office last week. He …
Rep. Lucas says he’s ‘coming home’ to House Ag Committee
When Oklahoma Congressman Frank Lucas said Monday he was “coming home,” he didn’t mean to Oklahoma. Lucas was referring to his appointment this week back on the House Agriculture Committee, the one he chaired in 2011 to 2015. Ag Committee chairman Rep. Glenn Thompson announced the selection of Republicans to the committee and Lucas …
Pipeline construction increases in Texas
Texas has more than 417,000 miles of oil and gas pipelines and the amount is quickly growing. So is the state’s methane emissions and flaring. Developers contend however, the additional pipelines are needed to national security reported The Odessa American. Click here for Odessa American
Scientists change their minds about melting of Antarctic
Maybe climate change and the rising oceans of the world won’t be as disastrous as some environmentalists contend—at least based on the newest contentions of scientists. In a report released on Monday, new research shows that the collapse of the West Antarctic Ice Sheet is not “inevitable.” We’ve been warned by Al Gore and …
Williams to face fight over Transco expansion in New Jersey
Tulsa-based Williams Co. could be in for quite an environmental battle after winning federal government approval last week to expand its Transco pipeline in New Jersey. A coalition of environmental groups came out against the approval granted by the Federal Energy Regulatory Commission. The groups pan to fight the expansion of natural gas compressor …
Study contends Oklahoma’s Energy Discrimination Elimination Act will result in financial loss
A recently released report claimed that efforts by Oklahoma and 5 other states to prohibit their state governments from doing business with companies that discriminate against the oil and gas industry will actually harm those states. The study by EConsult Solutions Inc. (ESI) came up with its conclusion after reviewing in-depth the possible effects …
Will Oklahoma land another member on House Energy and Commerce?
Followers of Oklahoma’s energy industry might have to wait another few weeks to learn whether any of the state’s U.S. Representatives are named to important energy committees. That includes the important House Energy and Commerce Committee which included former Rep. Markwayne Mullin as a member until he was successful in succeeding former U.S. Sen. …
Corporation Commissioner’s first meeting could be eventful
If Oklahoma’s newest Corporation Commissioner Kim David thought she would have a honeymoon since being sworn in last week, her first meeting could prove her wrong. The Commissioner’s first public meeting will be Wednesday and the agenda includes some items in which Commissioner David might be pressured to decide just how public she thinks …
EPA backs off pollution crackdown in the Permian Basin
The recent giant sigh of relief heard throughout the Permian Basin might have come from Oklahoma energy firms and many others drilling in the nation’s largest shale basin. They feared the EPA would address high air pollution levels from the oil fields that make up the basin in West Texas and Southeast New Mexico. …
Crude oil prices take a dip on MLK Holiday
The stock market was closed on Monday because of the Martin Luther King Holiday but trading continued for crude oil. Crude prices fell as easing COVID restrictions in China resulted in higher hopes of an oil demand recovery around the globe. Global benchmark Brent crude for March delivery dropped $1.08 a barrel or 1.3% …