The Short Term Energy Outlook from the Department of Energy had good news for truckers in general and disappointing news for those companies and drivers that have seen demand for their services in the oil patch fall with the slide in the price of oil. In short, diesel prices will remain where they are …
2020 archive
Elon Musk said Starlink now has enough satellites in orbit to launch a public beta of its high-speed internet service
Elon Musk’s goal of beaming high-speed internet to remote parts of the Earth using orbiting satellites just got a step closer to reality. And if you’re lucky, on a good clear early morning, you might be able to see his results orbiting over Oklahoma. SpaceX on Tuesday successfully launched a batch of 60 satellites, …
FERC Complaint Lodged Against CenterPoint Over Secret Hedge Fund Involvement
Houston-based CenterPoint Energy is the target of a recent Federal Power Act complaint filed by two consumer adversary groups with the Federal Energy Regulatory Commission. Public Citizen and Citizens Action Coalition of Indiana allege CenterPoint Energy failed to disclose its financial affiliation with New York-based hedge fund, Elliott Management Corp., led by billionaire Paul Elliott …
Completion reports for October 7, 2020
Completion reports filed on October 7, 2020. GARFIELD COUNTY White Star Petroleum Llc 25 23N 5W Abbey 25-23n-5w 1swd, January 18, 2019 SH, DISP, TD: 6757 ft Lat: 36.43443, Long: -97.67913 API: 35047251770000 GRADY COUNTY Continental Resources Inc Mississippian(11480): Oil 229 Gas 2592 Water 278 Flow 9 9N 7W Lensgraf 1-9-4xhm, April 16, 2019 HH, OIL, TD: 22071 ft Lat: 35.26253, Long: …
Permits to drill for October 7, 2020
Permits to drill issued on October 7, 2020. Garvin County SHAWSHEE #1-9, October 07 2020 09 4N 3W CSWSESW API: 04924041 Lat: 34.82721645102062, Long: -97.52264967288504 RUFFEL LANCE OIL & GAS LLC DH, RC, 10140 ft, GIBSON(7050), HART(7096)
Energy firms held their ground in Wednesday’s trading
While crude oil futures took a hit in Wednesday’s trading, Oklahoma related energy companies managed to continue their gains. Alliance Resources dropped 7 cents for a 2.47% decline to $2.76. Blueknight Energy Partners closed down a dime or 1.70% to $5.78. Chesapeake Energy 10 cents for a 2.50% slide to $3.90 a share. Cypress Environmental Partners …
Why oil got left behind as stocks soar on revived stimulus hopes
Stocks soared Wednesday, with the Dow up more than 500 points in afternoon trade Wednesday but oil futures didn’t follow suit. Analysts said the equity rally wasn’t necessarily all about rising prospects for targeted fiscal stimulus in the near term, but might reflect the idea that a more sweeping package would be in store once …
Gov. Stitt, OSDH Announce Oklahoma Pandemic Center for Innovation and Excellence, Move of Public Health Lab to Rural OK
Oklahoma has created a new Oklahoma Pandemic Center for Innovation and Excellence which will be located in Stillwater and work closely with Oklahoma State University. The Oklahoma State Department of Health, in partnership with Governor Kevin Stitt and federal, state and private industry leadership, announced the establishment of the Center, the first center of its …
Energy news in brief
** A Government Accountability Office report finds the Interior Department failed to determine need before issuing $4.5 million in royalty cuts to oil producers as pandemic relief. ** The glut that drove natural gas prices to the lowest level in 25 years early in the summer isn’t over yet — and may drive U.S. inventories to their highest-ever …
Texas Gov. Greg Abbott joins opposition to nuclear waste project in New Mexico
Republican Texas Gov. Greg Abbott was the latest public official to oppose a proposed nuclear storage facility to be built near Carlsbad and Hobbs, along with another in West Texas. The Carlsbad Current-Argus reported that in a Sept. 30 letter to President Donald Trump, Abbott wrote that he worried locating high-level nuclear waste facilities in the Permian Basin …





