The thud you just heard was oil prices dropping in Tuesday’s trading as U.S. crude oil sank 6.2% on a nearly $4 fall. Energy companies also suffered from the steep drop in the price of crude oil. West Texas Intermediate crude for May delivery fell $3.79 to $57.26 a barrel in trading on the …
March 2021 archive
PSO announces safety partnership with National Theatre for Children
Public Service Company of Oklahoma announced it has partnered with The National Theatre for Children to educate students and their families about electrical safety in their communities. This spring, beginning on April 12, the Captain Wattage e-learning livestreamed program will be made available to K-5 audiences Oklahoma. The Captain Wattage livestream event features a …
Cypress Environmental awaits effects of Biden’s climate change efforts
One Oklahoma energy company that could be affected by the Biden administration’s climate change efforts and those targeting the oil and gas industry is Tulsa-based Cypress Environmental Partners. The firm took note of those efforts in its recent filing of its 10-K or annual report with the Securities and Exchange Commission. ” To the …
2020 oil and gas production was a record in New Mexico
Despite the COVID-19 pandemic in 2020, the year turned out to be a record year of oil and natural gas production in New Mexico. Home to part of the Permian Basin, the state produced 366 million barrels of oil and 1.94 million MCF of natural gas. The New Mexico Oil and Gas Association reported …
Staff changes in Rep. Tom Cole’s office
A former Assistant Secretary of Transportation and Governmental Affairs at the U.S. Department of Transportation, Adam Sullivan has joined the staff of Oklahoma Congressman Tom Cole. Rep. Cole announced that Sullivan was hired to be his advisor and lead the legislative team as Senior Advisor. Sullivan has held a variety of senior …
Slow drilling efforts in Oklahoma
As the oil and gas industry struggles to resume drilling in Oklahoma, its latest efforts are revealed in the completion reports on file with the Corporation Commission. Crawley Petroleum Corporation reported the January 31, 2021 completion of a Major County well that had production of 468 barrels of oil a day and 1,886 Mcf …
Oil and gas industry targeted by House Dems with “Frack Pack” bills
Two years after four House Democrats launched an effort to get support for what they called their “Frack Pack” legislation targeting the oil and gas industry, they unveiled a new version on Tuesday. The package of five bills focused on tightening the rules around fracking and was introduced by Reps. Diana DeGette of Colorado, …
Kansas airport hit with gas bill 30 times higher than usual
February natural gas bills are hitting businesses and consumers in Oklahoma, Kansas, Texas and other states and quite often, leaving some recipients in shock. The Kansas City International Airport’s February gas bill totaled $2.4 million which is about 30 times higher than normal according to a report by Fox4KC. Click here for the story. …
Kansas legislators argue over bill targeting wind industry
Kansas legislators started debate this week on a bill to create more government regulation on the state’s wind industry. Opponents contend that Republican Sen. Mike Thompsons bill would only create new obstacles to locating wind farms based on light, sound and distance metrics. The Kansas Reflector described Thompson as a climate change denier and …
EV direct sales to consumers fought in Oklahoma legislature
Electric Vehicle startups have launched a campaign nationally to allow direct sales to consumers but it’s being opposed in Oklahoma where only dealerships are allowed to sell new cars and trucks. Sen. James Leewright of Bristow authored SB822 which would restrict EV manufacturers from attempting direct sales to consumers, thereby avoiding the use of …