July 12, 2021 archive

Completion reports for July 12, 2021

completions: none were processed today

Permits to drill for July 12, 2021

permits: none were processed today

Prioritizing infrastructure—Rep. Tom Cole

  Oklahoma Congressman Tom Cole expressed his thoughts about “infrastructure” in a column released this week. “Infrastructure is a topic that has been getting a lot of attention in recent weeks and months, especially after President Joe Biden rolled out a proposal earlier this year and with ongoing negotiations for actual legislation in Congress. Certainly, …

Continue reading »

State to hold informative session on federal infrastructure programs

The Oklahoma Department of Commerce will hold a session Tuesday morning to offer information about federal programs aimed at infrastructure improvements. Speakers will represent the U.S. Economic Development Administration, the U.S. Department of Agriculture and Marshall Vogts of the Oklahoma Department of Commerce. The program will begin at 11 a.m. Tuesday and the public can view it …

Continue reading »

Crude oil prices take another slide down

  Despite tight crude supplies in the U.S., oil prices slumped again in Monday’s trading as prices nationally settled just above $74 a barrel. Analysts blamed growing concerns over spreading COVID-19 variants, concerns that brought fuel demand to near pre-pandemic levels. West Texas Intermediate crude for August delivery finished down 46 cents or 0.6% and …

Continue reading »

Gasoline demand soars to record high

  At 10 million b/d, gasoline demand reached a new Energy Information Administration (EIA) record last week, according to AAA. That number reflects only a portion of Independence Day holiday travel. The nearly 1 million b/d jump in demand drove down gasoline supplies by 6.1 million bbl to 235,000 million bbl and consequently pushed the …

Continue reading »

Oklahoma regulators to meet Tuesday

  Oklahoma Corporation Commissioners will meet Tuesday morning for a regular meeting at the State Capitol. The 9:30 a.m. meeting will include a review and discussion of the Fiscal Year 2022 budget by Holly George, the Commission’s Director of Finance. Commissioners might take votes on some proposed orders in causes on the 24-hour signing agenda …

Continue reading »

$65 million in new highway construction projects okayed for Oklahoma

  The Oklahoma Transportation Commission is moving ahead with more highway improvements across the state. Commissioners voted to award 25 contracts totaling more than $65 million to improve highways, roads and bridges in 29 counties. Contracts were awarded for projects in Caddo, Canadian, Carter, Cleveland, Dewey, Garfield, Garvin, Grant, Ellis, Harper, Kay, Kingfisher, LeFlore, Logan, …

Continue reading »

Oklahoma Reps work on abandoned wells bill in Congress

  Oklahoma Reps. Frank Lucas and Stephanie Bice are working together in the introduction of the Abandoned Well Remediation Research and Development Act. The measure would created abandoned wells research, development and demonstration program at the U.S. Department of Energy. Oklahoma currently has 1,277 listed abandoned oil and gas wells across the state. In 2018, …

Continue reading »

Will Texas enforce new federal methane emissions rules?

  Environmentalists vow to make sure the state of Texas enforces newly reinstated federal methane emissions rules. The Sierra Club indicated it plans to be a watchdog of the Texas Commission on Environmental Quality after President Biden signed a bill last month repealing the Trump-era rule that rolled back the Obama administration’s 2016 regulations to …

Continue reading »