October 3, 2020 archive

Interior secretary believes environmentalists’ hopes will be ‘crushed’ after Pendley removal

SUBSCRIBE Saturday, October 3, 2020 Print Edition Environmentalists’ “hopes and dreams are about to be crushed” if they think the court-ordered removal of the Bureau of Land Management’s chief will invalidate his actions, U.S. Secretary of the Interior David L. Bernhardt said on Friday. On Sept. 25, a federal district judge in Montana found that William Perry …

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Oklahoma holds steady in rig count while U.S. sees increase to 266

  The latest rig reports from Baker Hughes Co. shows Oklahoma was unchanged with 12 active rigs in the past week, but nationally, there was an increase of 5 to 266 as the coronavirus continued to have a stranglehold on the oil and gas industry. A year ago, Oklahoma had 63 active rigs, but the …

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Cushing oil hub isn’t following national trend of crude oil storage

The amount of stored crude in the U.S. is at its lowest point since April, but at the large oil storage facilities at Cushing, Oklahoma, the trend is moving upward, not downward. The U.S. Energy Information Administration’s Weekly Petroleum Status Report showed the nation experienced a decline of 2 million barrels of petroleum last week. …

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