November 20, 2020 archive

Finalists list for US Space Command doesn’t include OKC

  If anyone had hopes that perhaps Tinker Air Force Base might become the new headquarters for U.S. Space Command, they were dashed when the Air Force announced this week that six locations survived the first round of cuts and Oklahoma was not included. At one point, chamber of commerce officials had hoped the giant …

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Decreased drilling continues to drag down Oklahoma Energy Index

  By all indications from the Oklahoma Energy Index, the state’s energy recovery from the effects of the COVID-19 pandemic might take longer than expected—perhaps not until late next year or even until 2022. The Index was released on Friday showing a nearly 37% decline compared to a year ago and a 0.6% drop just …

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Energy news in brief

** President-elect Biden’s pledge to halt new drilling on public lands will face numerous obstacles, including resistance from some Democratic governors reported the Washington Post. ** ConocoPhillips is planning to restart some drilling operations on the North Slope next year according to Alaska Public Media. ** Environmental activist Erin Brockovich slammed president-elect Joe Biden on Thursday for choosing Michael McCabe, a former DuPont …

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Cushing tank farm filling up again

Considered the pipeline crossroads of the world, the Cushing crude oil tank farm is filling up again close to the levels it reached in May when oil prices not only crashed, but crashed hard. Stockpiles reached 61.6 million barrels as of Nov. 16 which represents about 81% of capacity at the delivery point for West …

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