When the U.S. House passed the National Defense Authorization Act recently, it included some energy related amendments offered by Oklahoma Rep. Jim Bridenstine. HR 4909 included one amendment to expand U.S. Liquefied Natural Gas Exports. It codifies the 30-day limit for the Department of Energy to issue final decisions on the LNG export applications. Another …
The passage of the bill creating a $12.5 million cap on tax credits for at-risk oil and gas wells in Oklahoma by the State House didn’t come without some opposition. Although the 93-2 passage didn’t appear to offer much opposition, two Representatives, Cory Williams, a Democrat from Stillwater and Mike Brown, a Democrat from Tahlequah …
The City of Albuquerque, New Mexico is considering a move to joint other communities in setting goals to acquire more electricity from renewable resources including solar production. The City council voted recently to delay a decision for two weeks on a resolution to get at least 25 percent of the electricity from solar …
In a shocking move while burning the midnight oil prior to sine die adjournment, the Oklahoma House of Representatives suspended the rules late Thursday night and introduced an untimely filed amendment to Senate Bill 1577 which aims to cap the at-risk oil and gas well tax credit at $12.5 million annually for calendar years 2015-2020. …
An attorney who filed a class-action lawsuit in southern Oklahoma accusing SandRidge Energy of the same kind of conspiracy allegations leveled in federal lawsuits does not believe the company’s Chapter 11 bankruptcy will affect his suit. Attorney Jim Sill responded after SandRidge attorneys filed a stay for the suit in Stephens county, according to a …
The American Automobile Association predicts the nation’s Memorial Day travel this year will be the heaviest in eleven years. More than 38 million are expected to travel and that is the second-highest number on record. AAA Oklahoma indicated the high volume of travel is spurred by the lowest gasoline prices in more than a decade. …
It’s all about profit when it comes to drilling for oil and natural gas and producing it. Ask any of the energy producers who have gone to Chapter 11 reorganization bankruptcy. It’s also how the big companies continue to exist—making sure there is profit when a well is completed and starts producing. A report …
Oklahoma’s Aeronautics Commission is preparing to wrap up its application acceptance for FY 17 Aviation Education Program. Sandra Shelton with the Commission says the deadline for teachers and others to apply is May 31. The funding is part of more than $200,000 provided by the agency in the coming 12 months to programs statewide aimed …
It was a southwest Missouri case involving the theft of oil, but not the kind of oil that comes out of the ground. The last of the men arrested in a more than $5 million cooking oil theft ring has pleaded guilty in Joplin, Missouri, admitting he stole used cooking oil from restaurants and sold …
Another down week for ethanol production in the U.S. as the U.S. Energy Information Administration reports production was down 14,000 barrels a day from the previous week. The production ending May 13 averaged 948,000 barrels a day or 39.82 million gallons. The four-week average for ethanol production stood at 940,000 barrels a day which translates …