Other headlines

** A U.S. Treasury official has ruled out secondary sanctions to enforce a price cap mechanism on Russian oil exports despite a proposal last week by U.S. senators. ** Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said. Analysts expect oil demand to rebound by …

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End of September will see departure of Arkansas regulator

      Arkansas Public Service Commission chairman Ted Thomas is preparing to leave office at the end of the month after serving 8 years as Arkansas’ top utility regulator. Thomas, 57 and an attorney, is heading to the private sector according to Arkansas Business. The paper reported that Thomas suggested his strong reputation as something of …

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Newspaper editors agree with Oklahoma oil and gas industry leaders about EV switch

  The Chicago Tribune says Illinois Gov. J.B. Pritzker is for once on the right track—-don’t follow California in banning new, gasoline-powered vehicles. Editors at the paper made the same arguments oil and gas industry leaders in Oklahoma and across the U.S. have been making for some time now. “For an example, look no further than California. …

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Anthony’s dissent filled with allegations over winter storm bond use in Oklahoma

    Oklahoma Corporation Commissioner Bob Anthony didn’t hold back in his 74-page dissent filed recently over his objections to the state’s use of securitization bonds totaling billions of dollars for utility customers to pay for the 2021 winter storm costs. He raised questions of negligence, incompetence, malfeasance and possible unlawful activity as he wrote about …

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Hot weather’s still with Oklahoma—so is the drought

  We can still expect some summer like temperatures in the coming days in Oklahoma, even though fall has officially arrived in the state. The bigger question might be whether we stand any improved chances of rain fall to end the growing drought in the state.   The U.S. Drought Monitor reported Oklahoma is growing …

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AAA announces partnership to help EV owners

  AAA is marking National Drive Electric Week (Sept. 23-Oct. 2) by making it easier for those who ‘drive electric’ to have confidence in their car batteries. Given that ‘range anxiety’ continues to be a concern for those who own or would like to own a fully electric vehicle, AAA Club Alliance (ACA), has partnered with Recurrent to ease such concerns. AAA Oklahoma is …

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Oklahoma makes a gain in oil and gas rig numbers

  Oklahoma saw a gain of one to reach 65 active oil and gas rigs in the past week according to the most recent rig report from Baker Hughes Co. A year ago, there were 39 oil and gas rigs reported in the state. Nationally, numbers increased by one to a total of 764. The …

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Anadarko Basin’s rig activity is growing

  The latest Enverus Foundations rig report not only showed a nationwide increase in rig activity but also indicated the Anadarko Basin continues seeing growth. In Appalachia, the rig count rose by four in the last week to 61, while increases also occurred in the Permian (by two to 321), Anadarko Basin (by one to …

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Pipelines reach settlement over 2015 oil spill

  Two major pipeline companies blamed for a 2015 crude oil pipeline break off the coast of California agreed this week to a $230 million lawsuit settlement that was also approved by a judge. The spill involved more than 140,000 gallons of crude oil into the ocean. A lawsuit blamed All American Pipeline, L.P. and …

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North Dakota oil producers complain of shortage of trained workers

  What’s holding back crude oil production in North Dakota? Simple answer according to oil and gas industry leaders who gathered recently for the North Dakota Petroleum Council annual meeting in Watford City. “A shortage of trained workers,” sited the leaders. State Mineral Resources Director Lynn Helms estimates the state has seven to 10 drilling …

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