The escalating fighting in the war on Iran on Monday sent crude oil prices climbing again with prices in the U.S. reaching more than $104 a barrel. The price gains came as President Trump, while threatening to seize Kharg Island where Iran’s refineries are located, still said the peace talks were doing “extremely well” and …
Approaching storms could help and hinder firefighters
Rain this week in Oklahoma could mean big steps in helping the state’s firefighters dealing with wildfires. But Monday’s fire update from the Oklahoma Forestry Services also cautioned firefighters. “Firefighters take note: Isolated storms in the vicinity of going wildfires may support extreme fire behavior and dangerous firefighting conditions.” It could mean the approaching storms …
State House Energy Committee to meet Wednesday
Several bills relating to oil and gas and water will be taken up this week in a meeting of the Energy Committee of the Oklahoma House of Representatives. The Wednesday morning meeting agenda includes votes on a proposed Energy Act, brine development and civil liability actions in oil and gas matters, Agenda: 1. Welcome and …
OGE request likely to mean higher rates for customers
Oklahoma Gas and Electric Company’s latest request of state regulators could mean eventually higher rates for its customers. How much isn’t clear but the state’s regulatory agency has been given a heads-up. It concerns the utility’s move to start taking bids on natural gas storage. Details were not made available but Mark Argenbright, Director …
US has seen $4 gasoline before war against Iran
As the nation’s gasoline prices approach $4 a gallon and the average in Oklahoma is at $3.25 per gallon, the prices still are not what motorists paid four years ago. While critics of the war against Iran complain it led to high fuel prices in the states, a historical review showed gasoline prices were …
Williams faces more challenges of proposed New York gas line
Williams Pipeline Effort Faces Renewed Opposition in New York Efforts of Oklahoma-based Williams Cos. to build the Constitution natural gas pipeline from Pennsylvania to Albany, New York are intensifying, but so is the opposition of environmental groups in New York state. State Regulators Challenge Pipeline Permit It was three months ago when the New York …
Where they’re drilling in Oklahoma
Oklahoma Rig Count Declines But Cana Woodford Holds Strong When Oklahoma experienced a recent loss of 2 oil and gas rigs, leaving 44 active rigs statewide based on the latest Baker Hughes Rig Count, it still did not affect the state’s most active play. Cana Woodford Remains Oklahoma’s Top Drilling Play The Cana Woodford continued …
Energy Briefs: Iran Threats, U.S. Energy Policy Moves
Middle East Tensions Threaten Global Oil Supply Donald Trump Iran oil Kharg Island: President Donald Trump says the U.S. could “take the oil in Iran” and potentially seize Kharg Island, the country’s key oil export hub, as tensions escalate. Officials say troops are preparing for possible ground operations, although Trump added a peace deal could …
PSO Seeks $3.2B for Oklahoma Energy Expansion
PSO Seeks $3.2B Financing for Oklahoma Energy Projects Public Service Company of Oklahoma (PSO) is asking the Oklahoma Corporation Commission for approval to raise up to $3.2 billion to help fund major energy expansion projects currently underway across the state. Utility Plans Major Debt Offering In a filing with regulators, PSO requested authority to enter …
Wildfire chances grow—3 firefighters recover from injuries
While western Oklahoma remains under a Red Flag Alert for wildfires, three firefighters are recovering from injuries suffered in a recent fire north of the Blaine County town of Hitchcock. Social media reports indicated two firefighters from Okeene were injured in fighting the out of control fire. One suffered burns and was transported to a …