Crude futures continued their end-of-year surge on Tuesday as trading resumed following the holiday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude oil advanced 88 cents, or 1.7%, to settle at $53.90 a barrel. On the London ICE Futures Exchange, February Brent crude, the global benchmark, rose 93 cents, …
Gasoline prices keep going up in Oklahoma, hitting a new statewide average of $2.09 a gallon, according to the latest weekly update from AAA Oklahoma. The $2.09 average is a four-month high and not one reporting station in the state lists an average less than $2 a gallon. Oklahoma no longer has the cheapest …
The Oklahoma Geological Survey indicates while the state could drop nearly a third below last year’s record number of earthquakes, the year 2016 so far has been the second worst for the frequency of quakes. For the past year, the frequency of quakes in the state had been slowing but the year will also be …
The Kansas-based Westar Energy just recently started using drones to inspect its power lines, manage emergency situations and review equipment. The Topeka Capital Journal reports the utility deployed drones commercially and is using them to inspect boilers and traveling challenging territory to get a bird’s eye view of transmission lines. “Its absolutely a cost savings at …
The Dakota Access Pipeline in North Dakota isn’t the only energy project hit with legal challenges. Houston-based Clean Line Energy Partners has run into opposition to build a power transmission line across part of Iowa so the company has withdrawn its application as it waits for a settlement in an Illinois court challenge. Clean Line …
No doubt about it. The top story in 2016 in North Dakota dealt with oil—-specifically the Dakota Access Pipeline and the protest by Native Americans from the Standing Rock Indian Reservation. Their protest that started last spring attracted the attention of Hollywood celebrities and supporters from Oklahoma and numerous other states. The $3.8 billion pipeline …
Union Pacific Railway, hit by millions in fines and penalties from the Federal Railroad Administration for hundreds of potential safety violations has agreed to more thorough inspections and maintenance improvements following a fiery oil train derailment in Oregon. The Associated Press reports the agreement was a direct result of the early June derailment of 16 tank …
For nearly 8 years, President Obama and his Environmental Protection Agency have been the target of lawsuit after lawsuit as Oklahoma and other states accused the EPA over “overreach” with excessive rules and regulations. Now Oklahoma Congressman Tom Cole is predicting many of those environmental rules and regulations will likely be wiped out within months …
It’s just a move to begin discussions of a possible sale. It’s how Rep. Leslie Osborn, R-Mustang, describes the bill she and Sen. Greg Treat, R-Edmond have introduced in the legislature targeting the Grand River Dam Authority. While some suggest it’s meant to sell the GRDA, Osborn told OK Energy Today it merely directs the …
