** According to FracTracker Alliance (an association that tracks drilled wells), the total number of active wells in the US are 1,666,715. ** The Russian subsidiary of Japan’s Honda Motor said it would stop supplying new cars to official dealers in Russia in 2022 as part of the company’s efforts to restructure its operations. Honda has no …
Sen. Cruz defends billionaire oilmen who took $35 million coronavirus relief loan
After being targeted by the Wall Street Journal, Texas U.S. Sen. Ted Cruz is pushing back in defense of oil and gas companies owned by two of his biggest political donors who received a $35 million coronavirus pandemic relief loan. The Dallas Morning News reported the Senator fired back at Wall Street Journal reports …
A plan to link Midwest wind power with West Coast solar power
Whether their dream of linking Midwest wind powered electricity with solar power from California will ever be realized, two energy consultants have a plan. A big one. They are promoting a $9.5 billion project for an interstate transmission and storage program to link the two regional electricity grids. Reporter Karen Uhlenhuth wrote about it …
FAA rules to help identify drone operators
The government has finalized rules and regulations for drones that use the air space over people and it will have a direct impact on the growing commercial use of drones, whether it’s by utilities checking lines and power poles or by energy companies checking pipelines. The Federal Aviation Administration released the list of final …
Devon makes $20 million sale of Wyoming assets
Oklahoma City’s Devon Energy finished 2020 with a nearly $20 million sale of holdings in Wyoming to independent oil and gas company Denbury Inc. headquartered in Plano, Texas. The sale involved Devon’s assets in the Big Sand Draw and Beaver Creek oilfields of Freemont County, Wyoming. The acquisition by Denbury involved associated surface facilities …
New Amtrak trainsets tested near Pueblo, Colorado to enter service in 2021
Amtrak’s next-generation Acela trainsets capable of speeds up to 160 miles an hour has finished its testing in southeast Colorado and is about to enter service on the East Coast in the coming year. The Acela is the much faster and more modern Amtrak version than Amtrak’s Heartland Flyer that runs between Oklahoma City …
Tuesday wasn’t kind to Oklahoma energy stocks
Scrooge must still be hanging around the markets as Oklahoma energy stocks didn’t fare any better on Tuesday than they did Monday. It came on a day when crude futures saw increases in their prices. US benchmark, West Texas Intermediate crude for February delivery finished up 12 cents at $48.12 for a change of …
Oklahoma regulators to meet Wednesday
Oklahoma Corporation Commissioners will meet Wednesday morning at the state capitol for a regular meeting where they will consider extending their COVID-19 restrictions. The agenda for the 9:30 a.m. meeting includes discussion and a possible vote on an application by Administration Director Tim Rhodes for a proposed sixth order extending the original one …
American Airlines makes first Boeing 737 Max flight since deadly crashes
The Boeing 737 Max is back in the air. American Airlines was the first airline in the U.S. to fly commercial passengers on the plane on Tuesday, two years after deadly foreign crashes led to a grounding of the plane. Many of the American Airlines grounded 737 Max jetliners were put in storage at …