More than 50 U.S. power companies including Oklahoma Gas & Electric have joined forces to build a coast-to-coast fast charging network for electric vehicles along major U.S. travel corridors by the end of 2023. The National Electric Highway Coalition was announced this week by the Edison Electric Institute. Fifty EEI members; the Tennessee Valley …
December 8, 2021 archive
Acquisitions show signs of recovery from COVID-19 pandemic
Has the oil and gas industry recovered from the COVID-19 pandemic? Judging by recent acquisitions in the Permian Basin of West Texas and southeast New Mexico, some might say it’s more than proof that it has. The Carlsbad Current-Argus reported that multiple deals valued at more than $100 million have been announced in recent …
$15 million fine over North Dakota spill
A North Dakota federal judge this week fined Summit Midstream $15 million over a discharge of 29 million gallons of produced water in 2014. The action by U.S. District Court Judge Daniel M. Traynor in Williston, North Dakota also included a three-year period of probation for the midstream company. It came after Summit Midstream …
Biden not as anti-fossil fuel as he wants us to believe
President Biden’s boastful actions of being anti-fossil fuel are far from what he wants the nation to believe. If anything, he is more supportive of the oil and gas industry than President Trump was in the first three years of his administration. That or else he is unaware of his administration’s actions. A new analysis …
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