Williams reported a better-than-expected second quarter with a net income of $304 million or 25 cents per diluted share. Its cash flow from operations totaled $1.1 billion, down $86 million or 8% from a year earlier. But the available money from its operations was $919 million, up $47 million or 5% from the second …
August 2021 archive
Crude oil drops on weak economic reports from US and China
Higher crude output from OPEC producers along with weak economic data from the U.S. and China led to a Monday drop of crude oil prices. It was significant news because the two major countries are the top oil consumers in the world. Prices dropped more than 3% led by a 3.6% fall for West …
New Mexico launches crackdown on oil and gas emissions
In a move to crack down on emissions from oil and gas wells, the New Mexico Environmental Department filed expert technical testimony ahead of a hearing for proposed rule changes. The Department, in an announcement on Monday said the filing included more than 5,000 pages of technical information from experts in support of a …
July wasn’t as hot as we thought it was in Oklahoma
Okay, the last week of July was a bit of a challenge but the analysis by the Oklahoma Mesonet shows the month wasn’t really as sweltering hot as we might have thought. State Climatologist Gary McManus, in his Monday morning Mesonet report said July was actually “mild” for the most part and extreme temperatures …
Smoke from Canada’s forest fires settles over Oklahoma
The smoke from forest fires in Canada that resulted in air alerts for all people last week in Fargo, North Dakota finally settled over Oklahoma this week. Now thousands of Oklahomans are facing air warnings from the Department of Environmental Quality. Two northeastern counties are under the classification of “unhealthy” air reported the …
The growing saga of abandoned wells in the Permian Basin
Thousands of abandoned oil and gas wells in the Permian Basin are the focus of growing attention—not just by landowners who have dealt with the issue for decades but by the media. Now they call them “orphaned” wells. Regardless, the problem is the same—leaking and dangerous chemicals and gas. Click here for an Associated …
Energy news in brief
** The I-40 bridge over the Mississippi river separating Arkansas and Tennessee reopened over the weekend after a massive crack was discovered in early May. ** Mexico’s state power utility has struck a deal with Canada’s TC Energy Corp to develop a natural gas pipeline in the country’s south and consolidate the firm’s contracts in the …
Recharging your smartphone could be simpler and faster
Scientists at Kansas State University are exploring a material they contend will lead to not only super thin smartphones but a faster way of recharging the devices. Their study focused on graphene, a “wonder material” that could be used to print supercapacitors that could one day replace batteries and also lead to flexible electronics …
Rep. Mullin critical of Dems for ignoring best energy solutions
The $600 billion spending package passed by House Democrats last week drew criticism from Oklahoma Republican Congressman Markwayne Mullin who said it’s nothing but another socialist wish list. Rep. Mullin, a member of the House Energy and Commerce Committee said it also abandons the all-of-the-above energy strategy that “significantly improved our nation’s energy independence.” …
1,400-acre solar farm proposed in Missouri
Applied Energy Services started the ball rolling for what will be the largest solar farm in Missouri. The company wants to locate the 1,400 acre project near Troy Mills in Adair County reported KTVO news. Click here for KTVO news.