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EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

Note: Tax rates increased by $0.001/gal in Arkansas and by $0.0005/gal in Missouri. The 2022 “Inflation Reduction Act” reinstated the Hazardous Substance Superfund financing rate on domestic crude oil and imported petroleum products, which refinery operators and importers pay. These taxes have increased in 13 states since July 2022.

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The US’s largest battery-grade lithium refinery will be in Oklahoma

Baua Electric

Muskogee also has a skilled workforce trained in oil and gas engineering. It will use Port Muskogee on the McClellan-Kerr Arkansas River Navigation System to ship lithium brine water to the refinery, where it will derive the lithium, and then use the same inland waterway system to ship battery-grade lithium out.

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.

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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

Green Car Congress

The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.

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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

These legal ambiguities are the latest impediment – alongside technical challenges and sagging commodity prices – to America’s plans to produce more of its own lithium and wean the country off foreign supplies, according to interviews with regulators from seven U.S.

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Follow the sand to the real fracking boom

Green Car Congress

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. Pushing demand up is the trend for wider, shorter fracs , which require twice as much sand.

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