2020 archive

Colorado coal plant operators complain of early closing orders by state regulators

  Colorado air quality regulators moved last week to order three coal-fired power plants to shut down two years earlier than the operators had planned. Operators of the plant aren’t happy about the move. Tri-State, Xcel and Platte River Power were hit with the orders as the state said the early closings have to be …

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Energy news in brief

** Public Utilities Commission of Ohio Chairman Sam Randazzo resigns days after the FBI searched his home as part of an investigation into the state’s power plant subsidy law bribery scandal reported Cleveland.com. ** Reuters reported that Enbridge says construction has started on a Pennsylvania solar project that will help power operations for a natural gas pipeline.  ** The Trump administration is …

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Feds move to foil banking discrimination of energy

  The nation’s banking regulator, the Office of the Comptroller of the Currency is proposing rules to foil efforts of big banks to refuse lending to coal and oil and gas. The proposal came months after a letter was sent to President Trump by Oklahoma U.S. Senators Jim Inhofe, James Lankford and others complaining of …

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Alliant to bring solar battery storage unit online in Iowa

While NextEra Energy is building Oklahoma’s first battery storage operation near Marlow, Alliant Energy’s battery storage facility in northern Iowa is expected to go on line yet this year. It’s under construction near Decorah, Iowa where the Decorah News reported Alliant wants to test whether the backup power supply batteries can handle excess electricity generated …

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Oklahoma jobless rate moved up in October

  More jobs were lost in October in Oklahoma and that includes those in the state’s energy sectors according to the latest report from the state. The Oklahoma Employment Security Commission announced the October unemployment rate reached 6.1% in October, up from the 5.4% reported in September. The October rate was also higher than the …

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Completion reports for November 20, 2020

Completion reports filed on November 20, 2020. CANADIAN COUNTY Citizen Energy Iii Llc Mississippi Lime: Oil 247 Gas 2006 Water 888 Flow 32 11N 7W Unbridled 5-8-10-7 3mxh, January 03, 2020 HH, OIL, TD: 19235 ft Lat: 35.37785, Long: -97.96086 API: 35017254950000 MAJOR COUNTY Complete Energy Services Inc 19 22N 12W Kliewer Swd 2-19, August 21, 2020 HH, COMM, TD: 8370 ft …

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Permits to drill for November 20, 2020

Permits to drill issued on November 20, 2020. Canadian County CAREL #1H-2524X, September 29 2020 36 11N 8W NWNWNWNW API: 01725209 Lat: 35.39099945783674, Long: -98.00700829673414 CIMAREX ENERGY CO MU, AM, 21910 ft, WOODFORD(11330) Garvin County SPEYSIDE #1-20-19XHW, November 20 2020 20 1N 1W SESESENE API: 04925333 Lat: 34.543305317975424, Long: -97.31858106215283 CONTINENTAL RESOURCES INC MU, DR, 21620 ft, …

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Energy stocks took it on the chin in Friday’s trading

Crude futures ended up in Friday’s trading but Oklahoma energy stocks weren’t so lucky. Some fell as much as 8%. West Texas Intermediate crude for December contracts rose 41 cents to settle at $42.15, a nearly 1% increase. Global benchmark Brent crude finished at $44.96 after a 76 cent climb and a gain of 1.72% …

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Steel forests of stored oil and gas rigs continue to grow across the country

  The latest Baker Hughes rig count released on Friday showed a decline of two to 310 rigs. The report differs from the Enverus report released a day earlier which said its data showed an increase of 11 rigs across the country to reach a total of 381. Baker Hughes reported the number of oil …

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COVID’s keeping gasoline prices down

  The growing COVID-19 restrictions for Thanksgiving has not only resulted in increased crude oil storage but kept gasoline prices fairly stable in the past week. Oklahoma’s average over the weekend was $1.80 while the national average was $2.11 per gallon for regular gasoline, according to the American Automobile Association. The state average was down …

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