Author's posts
Treasurer defends use of anti-ESG law in Oklahoma and fighting political activism
Oklahoma Treasurer Todd Russ says Oklahoma has a legitimate reason to enforce its Energy Discrimination Elimination Act and take a stand against ESG mandates and political activists. “Fossil fuels currently provide a stable energy base, and a hasty transition could jeopardize energy reliability, leading to higher electricity costs and potential shortages. By fighting against stringent …
Oklahoma and 15 other states win stay in Biden’s freeze of LNG export approvals
In a lawsuit joined by Oklahoma several months ago against the Biden administration’s freeze on new liquefied natural gas export approvals, a federal judge this week reversed the Energy Department’s freeze. U.S. District Judge James Cain in the Western District of Louisiana issued an order late Monday that DOE’s export pause would be “stayed in …
BlackRock still focused on climate investments
BlackRock Inc., still a target of Oklahoma’s energy discrimination elimination Act, took another step this week in responding to the backlash against ESG and climate-change investing. It is still focused on the climate in regards to its investments, even after Oklahoma, Texas and other states banned state investments with the firm because it discriminated …
FERC upholds flooding decision against GRDA in fight with city of Miami
At its meeting last week, the Federal Energy Regulatory Commission upheld a decision ending the long-standing flood feud between the city of Miami and the Grand River Dam Authority. It again denied Miami’s claims against the GRDA but at the same time ordered the GRDA to do more to prevent the nagging and historic …
$863 million approved for Oklahoma Road and Bridge plan
Oklahoma intends to spend close to $900 million in the coming few years on making still more improvements to bridges and county roads across the state. The Oklahoma Transportation Commission met Monday and approved $863 million in impro Oklahoma intends to spend close to $900 million in the coming few years on making still …
Landowners file suit over construction of Midship pipeline
Three years after OK Energy Today reported how Oklahoma farmers were angry with Cheniere Energy’s failure to complete land restoration following construction of its 200-mile Midship pipeline in the state, the farmers have gone to court. Some of the farmers from Canadian and Kingfisher counties recently filed a federal lawsuit—they had tired of dealing …
Energy briefs
** North Dakota officials are investigating a pipeline break that caused an oil and produced water spill. ** A rail operator will burn off liquefied petroleum from train cars that derailed in a Chicago suburb late last week. ** Texarkana Regional Airport’s new $49 million terminal has officially opened, with local leaders hoping it will foster new development in the …
Sustainability report released by Ascent Resources
Oklahoma City’s natural gas producerAscent Resources released its 6th sustainability report, pointing to its performance on non-financial environmental, health and safety, social responsibility and governance efforts throughout 2023. In a letter explaining the company’s operations, CEO Jeffrey A. Fisher pointed out how Ascent started its efforts in 2013 to being a premier operator in …
Arkansas gets $60 million in water funds from feds
The state of Arkansas received $60 million in federal funding for water improvement projects. Most will go for water, wastewater and stormwater infrastructure projects while only $5 million will be funded to the Arkansas Rural Water Association. KNOE News reported the funding was announced by the governor. Click here for KNOE News
Crude oil prices jumped 2% on Monday
As crude oil prices gained about 2% on Monday with the summer driving season here and increased hopes for more gasoline demand, Oklahoma energy stocks finished mixed for the day. Oil prices also rose possibly because nagging worries that the unrest in the Middle East will spread and result in a drop in global oil …