Energy quick reads

** BP’s sprawling oil refinery in northwest Indiana has resumed normal operations more than six weeks after a power outage prompted the energy giant to temporarily shut down the complex and evacuate workers. ** The chief of the largest US producer of natural gas has warned that a lack of pipelines and storage facilities will trigger dramatic …

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Three Oklahoma counties are among nation’s top 20 for highest rate of big truck fatal crashes

  Three of the top 20 U.S. counties for deadly big truck crashes are in Oklahoma. So reports AutoBlog which cited figures from the  National Highway Traffic Safety Administration crash data. The data showed that in 2021, Oklahoma recorded 1,085 fatal crashes statewide and large trucks were involved in 127 of them or 11.7% of …

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AG Drummond has an environmental legal fight on his hands

  Oklahoma Attorney General Gentner Drummond and 23 other attorneys general who sued the EPA over the agency’s oil and gas methane rule aren’t alone in legal efforts regarding the rule. They now have a fight on their hands. Twenty Democratic state attorneys general filed a motion this week in support of the Environmental Protection …

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Crude oil prices makes more gains as Ukrainian attacks leave Russian refineries burning and in ruins

  Tuesday brought another gain in crude oil prices as they reached multi-month highs for the second straight trading session. It appears the prices rose as investors and traders considered the impact of Ukrainian drone attacks on Russian refineries West Texas Intermediate crude went up 75 cents or 0.9% and settled at $83.47 a barrel …

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AG warns of bitcoin ATM scam

Attorney General Gentner Drummond is warning Oklahoma consumers about a rise in scams involving “Bitcoin ATMs” that are leaving victims with depleted bank accounts. “Bitcoin ATMs” are virtual currency kiosks located in grocery stores, gas stations and malls. They look like traditional ATMs but they allow individuals to purchase and send virtual currencies such as Bitcoin, Ethereum and …

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Broadband Advisory board to get update on statewide expansion plan

    Updates will be given Wednesday on the progress of Oklahoma’s use of $374 million in federal funding for the expansion of broadband service to rural areas of the state. The Oklahoma Broadband Expansion Council will meet at 10 a.m. on Wednesday in its capacity as an advisory board to the State Broadband Office. …

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BlackRock loses $8.5 billion Texas contract because of anti oil and gas policies

  Recent SEC filings showed how BlackRock investment had reportedly eased its anti-oil and gas stance and actually held investments in Oklahoma oil and gas firms. But in Texas, the company learned this week, its $8.5 billion investment contract with the Texas State Board of Education was terminated, ripped apart, stopped and otherwise thrown in …

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Wind farm moratorium considered in Lincoln County

  Enel Green Power has run into more opposition for another of its wind farms. This time, the company’s Cedar Run Wind Project faces a possible moratorium on any wind farms in Lincoln County. County Commissioners have voiced their support for a moratorium and will officially decide next Tuesday in Chandler. Apex Clean Energy has …

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Canoo’s OKC EV manufacturing plant named foreign trade zone—should help financially

  Canoo announced this week its Oklahoma City manufacturing plant has been approved as a Foreign Trade Zone by the U.S. Department of Commerce. The company said the declaration is a signifcant milestone that will accelerate the company’s Made in America electric vehicle manufacturing strategy, improve unit profitability and enable “a faster path to breakeven.” …

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Dangerous wildfires still a threat in western Oklahoma

  As farmers and ranchers recover from the deadly and devastating wildfires that burned more than 1 million acres in western Oklahoma and the Texas Panhandle, firefighters remain alert for the spread of more fires this week. The Oklahoma Forestry Division stated Tuesday that areas of “elevated fire weather and high to very-high fire danger” …

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