Environmental and health groups are asking the EPA to designate the Permian basin in New Mexico as a nonattainment area for ozone under the Clean Air Act. The area in question falls in southeast New Mexico and is a site for oil and gas drilling. Some Oklahoma-based oil companies are involved in the exploration and …
Blockade costly for Iran ** According to Pentagon officials, over 40 vessels carrying oil and other contraband have been redirected by the US military since the blockade began on April 13th. The US Department of Defense estimates that Iran has lost nearly five billion dollars in oil revenue as a result of the US blockade of the Strait of Hormuz, …
Oklahoma U.S. Sen. James Lankford defends a bill he is co-sponsoring to cut taxes on gasoline costs, even though the measure would also eliminate a tax that helps finance cleanup of Superfund sites in Oklahoma and other states. “If this bill passed, it would help bring gas prices lower without compromising health or safety,” he …
President sends message to Iran ** U.S. President Donald Trump urged Iran on Wednesday to ‘get smart soon’ and sign a deal, following days of deadlock in efforts to end the conflict and a media report that the U.S. would extend its blockade of Iran’s ports. Reduce global oil supply ** Nine weeks into the …
After President Trump cancelled peace talks, Iran makes an offer ** Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war, while proposing that discussions on the larger question of its nuclear program would come in a …
What’s impacting oil prices? No more peace talks with Iran ** Oil prices held steady over the weekend even as President Trump canceled any more peace talks with Iran. “They can call us anytime they want,” he said on Saturday. Naval blockade still in effect ** As the naval blockade of the Strait of …
New Mexico moves to beef up its regulatory control of a nuclear waste repository saying it’s doing so to protect the health of state residents and others. The New Mexico Environment Department proposed revisions to the U.S. Department of Energy’s Waste Isolation Pilot Plant hazardous waste operating permit, strengthening enforcement of federal cleanup obligations for …
** President Donald Trump said Thursday he has ordered the U.S. military to “shoot and kill” small Iranian boats that deploy mines to choke traffic through the Strait of Hormuz. Trump’s post on social media came shortly after the U.S. military seized another tanker associated with the smuggling of Iranian oil, ratcheting up a standoff with …
** Iran fired on three ships in the Strait of Hormuz and seized two of them on Wednesday, intensifying its assault on shipping in the key waterway a day after U.S. President Donald Trump extended a ceasefire while maintaining an American blockade of Iranian ports. ** “Multiple oil spills are visible from space after Iranian and US-Israeli …
Oil prices continue to fluctuate over crisis in Iran ** The price of oil has been driven higher by the latest round of escalations in the Middle East, renewing fears of a drastic global energy shock. IEA calls it the ‘worst energy crisis ever’ ** The conflict between Iran and the United States and Israel is …
