Oklahomans are used to see the state’s vast horizon broken by wind-generating turbines, but none are in the lakes and waters of the state. However the nation’s first fresh-water wind farm has won approval in the state of Ohio where one is planned to be located in Lake Erie near Cleveland. But as electrek …
The head of Tulsa-based Francis Energy contends Oklahoma offers more opportunities than any other state to become home for a new Tesla truck-manufacturing site. It’s what David Jankowsky is telling the Tulsa World, saying the state is ready to become the electric vehicle capital of the world. “It is at our fingertips,” he told …
Oklahoma U.S. Sen. Jim Inhofe is among six Senators who have called on the Federal Energy Regulatory Commission to reduce ‘regulatory burden.’ Their call came amidst a battle of political letters to the agency. In a letter sent to the FERC, Inhofe joined Environment and Public Works chairman Sen. John Barrasso of Wyoming and Energy …
The Permian Basin in West Texas and southeast New Mexico is no longer the frack king of the U.S. That honor now belongs to the Marcellus Shale region of Pennsylvania and West Virginia where drilling for gas is more prevalent than the search for oil. The reason? The plunge in rig activity in the oil-rich …
** Pioneer Natural Resources Company in Dallas announced that its Board of Directors declared a quarterly cash dividend of $0.55 per share on Pioneer’s outstanding common stock. The dividend is payable July 14, 2020, to stockholders of record at the close of business on June 30, 2020. ** Unemployment soared to record levels in Texas last month as …
Motorists coming off the long Memorial Day holiday weekend saw gasoline prices jump at least a dime a gallon in Oklahoma, but they were still some of the cheapest prices seen in nearly two decades. Oklahoma’s average price for a gallon of regular gasoline was at $1.64 as of Tuesday morning, a dime more …
Completion reports issued for May 25, 2020. completions: none were processed today
Permits to drill on May 25, 2020. permits: none were processed today
It’ll take a $1 billion investment, but a company in North Dakota plans to build a record-setting carbon recapture plant. It’s the goal of Minnkota Power Cooperative located in Grand Forks, North Dakota which owns a coal power plant. The company calls it Project Tundra and Minnkota says its efforts to sequester and recapture waste …
Nearly a month after the Oklahoma Corporation Commission granted an emergency shut-in request by a Tulsa energy company, oil prices were around $14 a barrel and the firm, LPD Energy contended it was a waste of oil. The Commission on a 2-0 vote with Commissioner Bob Anthony not voting, agreed and approved the emergency order. …
