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EnergyPlatform.News(letter)
March 3, 2025
In this week’s edition of energy and environmental policy news across the states: The staggering financial benefits of Texas oil and gas, Colorado’s orphan well list set to swell, Kathleen Sgamma takes the helm at BLM, At a glance: Tennessee.
Plus: Why Congress should make Trump’s permitting reform permanent
Texas’ oil and natural gas industry shattered production and revenue records in 2024 and paid $27.3 billion in state and local taxes and royalties, the Texas Oil & Gas Association said.
Those taxes and royalties beat the previous record, set in 2023, by nearly $1 billion, and the industry also set records for procession, refining, storage and exports, the association said.
The Colorado Energy and Carbon Management Commission may soon revoke Highlands Ranch-based KT Resources’ right to do business in the state after multiple notices about the oil and gas operator’s activities.
If that happens, the company’s 107 unproductive oil and gas wells in Rio Blanco County will end up on the list of orphaned wells the state plans to plug and reclaim.
Kathleen Sgamma, president of the Western Energy Alliance, an energy producer advocacy group, has assumed the role of director of the Bureau of Land Management (BLM) after recently being confirmed for the post by the Senate.
A snapshot of energy and environmental facts about the state of Tennessee.
President Trump began his second term in office with a whirlwind of action on everything from securing the border to making government more efficient. In his first 24 hours in office, he issued more than 200 executive orders, including a declaration of a national energy emergency and the formation of a National Energy Dominance Council, giving his cabinet secretaries special powers to expedite the permitting process for energy projects nationwide.
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