The U.S. Energy Information Administration came out this week with a prediction of lower crude oil prices not only for the remainder of 2023 but also for 2024. “We lowered our crude oil price forecast for the rest of 2023 and for 2024 in our May Short-Term Energy Outlook (STEO) because of relatively rapid declines …
AAA predicts Oklahoma Memorial Day weekend travel to be as heavy as before the COVID pandemic
AAA Oklahoma is projecting that more than 550,000 Oklahoma residents will travel a distance of 50 miles or more over the Memorial Day Weekend. As usual, the large majority, or more than 82%, will be driving to their destinations, though air travel and travel by other …
$32 million federal grand to study carbon capture hub near Pueblo, Colorado
The Federal government just awarded $32 million to the Colorado School of Mines to develop a carbon sequestration hub near Pueblo. The region near Pueblo has large carbon emissions from two power plants and cement kiln. The Department of Energy grant will be used by the School of Mines and the Los Alamos National …
Electrical deregulation debate is still alive and well in Oklahoma
Oklahoma hasn’t seen the last of the debate on calls for giving power customers the right to choose where they get their electricity For nearly 3 years, there has been a push for electrical deregulation, namely from the Alliance for Electrical Restructuring in Oklahoma, or AERO. Opposition to AERO arose again over the weekend …
Montana develops as climate battleground
While many think of Montana as Big Sky country, to environmentalists and others it is a state emerging as a climate battleground to watch. That’s because Gov. Greg Gianforte recently signed a law barring the state from using climate impacts to determine major projects. On top of that, a state judge ruled a first-of-its-kind …
National electric power group warns of summer energy shortfalls
A large part of the U.S., including Oklahoma, could face energy shortfall this summer because of the heat warned a national electric power group in a recent release. It came from the North American Electric Reliability Corporation which issued its 2023 Summer Reliability Assessment. The assessment warned that two-thirds of North America is at risk …
China’s “economic coercion” gains attention of Oklahoma Representatives
Just a few weeks after Oklahoma Congressman Tom Cole complained of the Chinese Communist Party using “economic coercion” to intimidate its neighbors, it was the key subject to weekend discussion at the G-7 summit in Japan. As OK Energy Today reported earlier in May, Rep. Cole complained how the CCP u8sed economic coercion for its …
Energy headlines
** A California city will make an exception to its natural gas ban for world-famous chef José Andrés, after the landlords for the chef’s planned restaurant warned Andrés may pull out over the regulation. After the owners of the mall where Andrés is set to open the restaurant threatened to sue the city, Palo Alto …
Texas judge stops company’s oil production
An oil company has been ordered by a Texas judge to stop production in the city of Dayton, just outside of Houston. The order came after residents complained that oil is seeping into their drainage system, damaging properties and making them sick according to KPRC TV News. Click here for KPRC
Fertilizer shipment missing in Mojave Desert
California officials are investigating the disappearance of 30 tons of ammonium nitrate from a railcar crossing the Midwest. Ammonium nitrate, which is used as fertilizer, can also be used to create explosives and was a key component in the homemade bomb used in the 1995 attack on the Murrah Federal Building in Oklahoma City. According …
