Some in the oil and gas industry in Oklahoma say the federal stimulus money received by the state and its residents has led to a false perception that the economy and industry might be stronger than reported. Petroleum Alliance of Oklahoma President Brook A. Simmons said the recovery of the state’s oil and natural …
As the COVID-19 pandemic approaches its eleventh month, using March as the year anniversary since the coronavirus forced the cancellation of an Oklahoma City Thunder basketball game and made Oklahomans understand the seriousness of the virus, the state’s oil and gas industry is showing signs of very slight improvement. Rig counts released by Baker …
How hard hit was the Oklahoma economy in 2020? How about a 4% pullback compared to 2019. Figures have been released showing what the COVID-19 pandemic did to Oklahoma’s oil and gas industry and in turn to the state’s economy. State Treasurer Randy McDaniel said the pandemic, high unemployment and “an oil downturn” resulted …
Cheniere Energy’s first liquefied natural gas shipment to Taiwan arrived over the weekend. Reuters reported Taiwan’s state-owned CPC Corp received the first of more LNG cargoes from the Texas company and in all liklihood, some of gas came from Oklahoma’s STACK play where Cheniere operates the Midship pipeline. Cheniere inked a 25-year deal with …
A Nebraska ethanol plant is now being called a danger to a nearby community because of the pesticide-treated seeds it included in the making of the biofuel. The AltEn plant is located at Mead, Nebraska, a town of about 500 not far from Omaha. Its use of the seeds coated with fungicides and insecticides reportedly …
A new report shows how legislatures across the U.S. have reacted to growing changes in the energy industry, resulting in thousands of new energy laws over the past several years. The report by Colorado State University’s Center for the New Energy Economy found more than 3,500 energy-related bills became law from 2013 to 2019 in …
The Oklahoma Transportation Commission meets Monday to not only get a review of its 2020 projects but learn about the impact of recently approved federal budget bill. Transportation Secretary Tim Gatz, who is also Executive Director of the Oklahoma Department of Transportation will give the briefing. The Commission’s agenda also showed Gatz will provide …
