Phillips 66 decided to unload 550 miles of natural gas pipelines in east Texas and Louisiana, selling the asset to Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments. The acquisition includes natual gas gathering and processing assets in Panola, Rusk and Harrison counties in Texas and the Caddo parish in Louisiana. Voyager …
Question remains—which fracking ban answer from VP Harris should voters believe?
What did Kamala Harris say about fracking and banning it—and when did she say it? It’s an issue in the presidential campaign as critics of the Vice President contend she has stated and declared in the past she would ban fracking, if she were elected to the White House. In her first TV …
Austin suburb to be site of a South Korean EV manufacturer
Tesla is seeing an EV competitor locating a factory close to Elon Musk’s big electric car plant in Austin, Texas. South Korean-based Futronic USA Inc. chose the growing city of Buda as the site for its first American location. Buda is part of the Austin-Round Rock-San Marcos metropolitan statistical area and is one of Austin’s fastest growing …
Colorado mineral rights holders lose court fight over increased natural gas taxes
Mineral rights owners in southwestern Colorado have lost again in court in their fight against paying $500,000 in taxes on a natural gas pipeline operated by Kinder Morgan. The owners, who formed a group called CO2 Committee, Inc., challenged increased taxes and lost their original lawsuit before the Colorado Supreme Court. The increase in …
NOAA called on the carpet by Congressman Lucas
In recent months, Oklahoma Congressman Frank Lucas has been actively attempting to hold the federal government accountable over the way it conducts certain operations under the Biden administration. His latest effort as chairman of the House Science, Space, and Technology Committee is the National Oceanic and Atmospheric Administration. Rep. Lucas and two other Republican …
EV grant for Arkansas
Arkansas is taking avantage of another Biden administration EV grant to install electric vehicle charging stations across the state. The state recently received nearly $15 million from the U.S.Transportation Department as part of the government’s $2.5 billion Charging & Fueling Infrastructure grant program designed to build electric vehicle charging stations. It’s believed at least …
LNG production to double by 2023 in North America
North America’s liquefied natural gas (LNG) export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcf/d) in 2023 to 24.4 Bcf/d in 2028, if projects currently under construction begin operations as planned reported the U.S. Energy Information Administration. “During this time, we expect …
Energy briefs
** Despite slowing U.S. electric vehicle sales, Hyundai on Tuesday rolled out the 2025 versions of its Ioniq 5 electric SUV with improved battery range and charging aimed at broadening the appeal of vehicles to be built at a massive new Georgia factory. ** Arizona’s attorney general joins environmentalists in a lawsuit challenging state regulators’ …
Mitchell Talks Energy focuses on more rate hikes for utility users
Wall to wall utility rate hike news this week plus the latest turnpike controversy leads this week’s conversation of Mitchell Talks Energy with Jerry Bohnen.
Libyan crude oil shutdown sent prices tumbling to lowest levels in 9 months—OK energy stocks were hit hard
Crude oil prices plunged nearly 5% in Tuesday’s trading and hit their lowest levels since December of last year and Oklahoma energy stocks suffered losses ranging from 3% to 9%. What brought down crude to their lowest levels in nearly nine months? Mostly it was because of the dispute that stopped Libyan crude production and …