PEMA Professional Energy Marketers Association
A day after a series of earthquakes, the largest recorded as 4.0 magnitude near the town of Carney in Lincoln County, state regulators issued a directive to reduce disposal in wells within a 10-mile radius of the epicenter. The quakes occurred Thursday morning and the epicenter was about 2.5 …
Read More »Tulsa businessman loses another lawsuit over whistleblower claims
Frank Montero’s years-long fight with the Tulsa Airport Improvement Trust resulted in another of his lawsuits thrown out of court—this time in Tulsa Federal Court. Montero ran his business, AA Inc. , at the Jones/Riverside airport but ran into legal problems back in 2014 when the TAIT alleged AA …
Read More »Gasoline tax jumped in Colorado to pay for highway projects
It was no April Fool’s joke that Colorado began collecting a 2-cent-a-gallon fee on gasoline purchases to help fund the state’s transportation project backlog. Colorado’s average price of gasoline, according to AAA, is $3.46 a gallon but in some counties, it’s up to $4 a gallon. The tax took …
Read More »“Endangered” declaration for bat could stop wind projects in Wyoming
The Fish and Wildlife Service’s decision to list the long-eared bat as “endangered” not only was opposed by Oklahoma U.S. Sen. Markwayne Mullin, but now has caught the attention of others a few states away. In declaring his opposition to the move, Sen. Mullin stated the decision would have …
Read More »Mitchell Talks Energy—tense politics at the Corporation Commission and more
When Scott Mitchell talks energy, you just never know where the discussion will go. In the latest edition of “Mitchell Talks Energy,” he and OK Energy Today’s Jerry Bohnen delve into the latest debate at the Oklahoma Corporation Commission and how the political differences among the 3 commissioners are …
Read More »Crude oil made slight gains on Thursday while OK energy stocks recorded losses
Crude oil prices on Thursday made only slight gains for the day but for the third week in a row, they recorded gains. Oklahoma energy stocks had losses in the day’s trading. Markets didn’t express a lot of optimism and analysts continued to worry about more OPEC+ production cuts …
Read More »Whistleblower retaliation by Commerce Department probed by Lucas and others on House Committee
Reports of retaliation by the Commerce Department against whistleblowers are being investigated by Rep. Frank Lucas and others on the House Science, Space, and Technology Committee. Together with Ranking Member Zoe Lofgren of California, Lucas and California Republican Congressman Jay Obernolte sent a letter to the Inspector General at …
Read More »Canoo leadership vows to start EV production in Oklahoma this year
Despite quarterly losses totaling into the tens of millions of dollars and delays in promised manufacturing in Oklahoma, Canoo CEO Tony Aquila made assurances this week that the jobs will be coming yet this year in the state. In Tulsa this week, he explained why Canoo has decided to …
Read More »New Mexico’s U.S. Representatives couldn’t bring themselves to vote for Lower Energy Costs Act
We know that all Oklahoma members of the U.S. House voted for the recently-approved Lower Energy Costs Act but what about those from another oil-producing state—-New Mexico? All three New Mexico Representatives are Democrats and they voted against the Republican-sponsored measure that is designed to speed up oil and …
Read More »Quick reads of other energy developments
** Sen. Tim Scott (R-SC) is asking the Biden administration to delay new energy standards for mobile homes set to go into effect at the end of next month. In a new letter to Energy Secretary Jennifer Granholm given exclusively to Yahoo Finance, Scott said “this costly and misguided regulation” will squeeze low-income …
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