A new report by the Oklahoma Office of Management and Enterprise Services showed October general revenue fund collections for Oklahoma were up nearly 19% from a year ago. Total collections for October came to $715.3 million which is 18.6% or $112.1 million more than the monthly estimate. It also is 17% better than the …
Wyoming could face blackouts as state transitions to wind and solar power
The elimination of coal and natural gas-fired electrical generation and the transition to wind and solar power in Wyoming could result in blackouts in the state in coming years. So claimed a new assessment by the Western Electricity Coordinating Council which examined the electric grid and determined the state’s blackout risk over the coming …
Headlines of other energy stories
** U.S. President Joe Biden’s pledges to slash emissions from farming and to end American hunger by 2030 may be harder to realize now that Republicans flipped the House of Representatives with a thin majority. Biden’s Democrats, who retain control of the Senate, will start negotiating in the coming months with Republican House leaders over a massive …
Lucas wants more research into safer U.S. pipeline system
Oklahoma Congressman Frank Lucas and Texas Rep. Randy Weber want more research to improve America’s 3 million miles of natural gas and oil pipelines. Both are members of the U.S. House Science, Space and Technology Subcommittee on Energy and together, they introduced a bill to do just that. They filed The Next Generation Pipelines Research …
Texas quake was strong enough to damage building 350 miles away
While inspectors for the Texas Railroad Commission are investigating possible oil and gas damage from the recent 5.4 magnitude earthquake in the Permian Basin, at least one building in San Antonio was badly damaged enough that it was closed to the public. An investigation is underway to determine whether saltwater injections by drilling crews …
Another fall for crude oil prices and for Oklahoma energy stocks
Crude oil prices suffered another drop in Thursday’s trading as they fell more than 3%. Observers blamed growing COVID-19 cases in China along with increased concern that U.S. interest rates will be raised again. West Texas Intermediate crude for December delivery plunged $3.95 a barrel or nearly 5% to settle at $81.64 on the …
Wyoming Senator blasts Biden’s latest energy department nominees
Wyoming U.S. Sen. John Barrasso made it clear Thursday he doesn’t like President Biden’s latest energy nominees. During a hearing of the Senate Committee on Energy and Natural Resources, a committee which also includes Sen. James Lankford of Oklahoma, Sen. Barrasso was particularly opposed to the nomination of David Crane to be secretary of …
PSO wants state approval of $2.5 billion solar and wind power projects
Public Service Company of Oklahoma on Thursday asked the Oklahoma Corporation Commission for approval of its nearly $2.5 billion fuel-free power plan to purchase three new wind farms and three new solar facilities. The company said the proposed plan will help meet projected power needs while protecting customers from volatility in energy costs driven by high natural …
Nation’s rig count tumbles on major drop in Permian Basin
Enverus reported a drop of 18 rigs in its weekly rig count, explaining most of it was due to a big decline in the number of rigs drilling in the Permian Basin. The national count fell to 868 for the week ended Nov. 16 reported Enverus on Thursday. It explained the count is down …
Water to be a key topic for Kansas Gov. Laura Kelly
Kansas Gov. Laura Kelly pledged this week that protecting the state’s water supply will be a top priority of her administration as she stays in office for another four years. It’s what she told the 11th annual Governor’s Conference on the Future of Water in Kansas held in Manhattan. “Waiting for a miracle is …
