Senators to hold hearing on nuclear power

  Nuclear energy in the U.S. will be the focus of a Thursday morning hearing by the Senate Energy and Natural Resources Committee on which Oklahoma Sen. James Lankford serves. Following opening statements from Democratic chairman Joe Manchin and Republican ranking member Sen. John Barrasso witnesses will offer testimony on the latest developments in the …

Continue reading »

Energy news in brief

** A federal court in Idaho ruled a legal challenge led by two grassroots wildlife conservation groups against a natural gas pipeline can proceed. The proposed pipeline in question is the Crow Creek Pipeline. It is intended to provide natural gas to Afton, Wyoming via pipeline instead of the current method of highway transportation. The pipeline is …

Continue reading »

White House withdraws environmental nominee

Oklahoma U.S. Sen. James Lankford and others on the Senate Energy and Natural Resources Committee won’t have to deal with the President’s number two pick for the Interior Department. The White House withdrew its nomination of Elizabeth Klein to be the Interior Department’s deputy secretary after Alaska Republican Sen. Lisa Murkowski pushed back on it. …

Continue reading »

Gasoline prices level off in the past week

  Gasoline prices in Oklahoma and across the nation started showing signs of stability in the past week after weeks of daily increases at the pumps. Oklahoma’s average of $2.67 is only one cent higher than a week ago while the national average held steady at $2.88 for the last five days. The prices at …

Continue reading »

Crude oil prices saw slight gain on Monday while Oklahoma energy stocks struggled

  Following steep declines last week, crude oil prices on Monday rose slightly and at the same time, Oklahoma energy stocks went through small drops in their prices. Analysts say the COVID-19 pandemic’s persistence is the problem. Investors aren’t sure that there will be much of an increased demand for gasoline especially after fresh lockdown …

Continue reading »

OWRB approves $27.9 million for seven projects

  The Oklahoma Water Resources Board recently approved nearly $28 million in funding for seven water and wastewater projects around the state. The projects are in Wellston, McLoud, Gotebo, Billings, Shawnee Wagoner County and Hartshorne. The Board listed the following as recipients of the funding. Wellston Public Works Authority receives $2,695,000 loan for water and …

Continue reading »

Legislators start work on solution to storm’s high utility bills

  The political website NonDoc reports that legislators named last month to explore the expected high utility bills from the February winter storm have finally begun their work on the issue. NonDoc stated that Sen. James Leewright (R-Bristow) and Sen. Zack Taylor (R-Seminole) told media last week that they have met privately with Attorney General Mike Hunter, Gov. …

Continue reading »

Jeep defends use of Cherokee name on its SUV

  Jeep apparently is not going to remove the name Cherokee from its popular SUV even though the principal chief of the Cherokee tribe in Oklahoma wants his tribe’s name removed from the vehicle. Jeep is set to unveil its new Cherokee and stands by its use of the name which it started 45 years …

Continue reading »

Energy news in brief

** The US, home to more oil refineries than any other country, lost its title to China as the world’s largest refiner of raw crude oil in 2020. China began refining more crude oil into gasoline and other products for the first time during the pandemic, according to new data from the US Energy Information Administration (EIA), and …

Continue reading »

Mesa Royalty Trust continues losses

  The last time the Mesa Royalty Trust reported any distribution of income was in May of 2020. Like it has since June 2020, the Trust won’t have any monthly distribution for March according to an announcement. The trust announced to holders of record that costs, charges and expenses exceeded the revenue receive from the …

Continue reading »