March 2021 archive

Crude oil prices took a dramatic plunge in Thursday’s trading

  Crude oil prices took a major plunge on Thursday dropping nearly 7% and $5 a barrel in trading in the US. It was the fifth straight session for a decline as prices finished at their lowest in more than two weeks.   West Texas Intermediate crude for April delivery dropped $4.60 to $60 a …

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Williams Cos. to hold annual meeting in late April

  The annual meeting of Williams Cos. has been set for April 27 and due to the COVID-19 restrictions, will be a virtual meeting for shareholders. The meeting will be held Tuesday, April 27 at 2 p.m. Central Daylight Time. In a proxy filing with the Securities and Exchange Commission, the company asked shareholders to …

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Bridenstine’s NASA successor reportedly to be a former US Senator

  If a report by VOX is confirmed, a former Democratic Senator from Florida will succeed former Oklahoma congressman Jim Bridenstine as administrator of NASA. Bridenstine, a Republican picked by President Donald Trump during his administration, resigned Jan. 20, 2021 after serving as NASA’s 13th administrator. He was sworn in on April 23, 2018. VOX …

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SPP not pointing fingers over power crisis in Oklahoma

  “We’re gonna learn from this.” It’s what Southwest Power Pool executive vice president Lanny Nickell told Oklahoma Corporation Commissioners during a Thursday power-point presentation and review of the SPP’s handling of rolling blackouts in the state during the February winter storm. One thing he learned—fingers of blame are not being pointed at any of …

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Oil and gas rig numbers increased nationally in the past week

  A week after the nation’s oil and gas rig count indicated a loss in the numbers, a new Enverus Rig Analytics report shows an increase of four in the past week to 476. Enverus said the new figures were as of March 17 and indicated an increase of 5.5% in the past month, but …

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Mammoth reveals government memos defending its work in Puerto Rico hurricane

  Oklahoma-based Mammoth Energy Services, Inc. announced that it has posted to its website additional information related to its work in Puerto Rico, work that was carried out following the September 2017  hurricane Maria that devastated the island territory. It was the company’s latest effort defending the performance of the work its crews did in restoring …

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House Energy committee asked to include Oklahoma in its power crisis hearing

  The three top Republicans on the House Energy and Commerce Committee are asking Democrats in control of the committee not to single out Texas and its power crisis over the February winter storm. If they get their wish, Oklahoma and other states also hit hard by the storm could fall under examination how they …

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Energy news in brief

** A new lawsuit by Native American and conservation organizations is calling on the Interior Department to put a five-year block on all federal waters leasing for offshore oil and gas development. ** Katherine Tai won unanimous Senate approval to be the next U.S. trade representative on Wednesday, paving the way for her to tackle some of the …

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Conservation groups sue Colorado to stop oil and gas drilling

  The state of Colorado’s Air Pollution Control Division was sued this week by conservation groups over the division’s issuance of an air-pollution permit that could allow thousands of new oil and fracked gas wells in the state.   The permit fails to consider whether air pollution from oil and fracked gas wells will create …

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Drilling moratorium declared by northern Colorado county

  The leaders of a northern Colorado county took steps this week to stop the permitting of oil and gas and land use applications until the middle of April while revised regulations are handled. Larimer County Commissioners halted the “1041” land use applications until April 15. All three are Democrats and voted 3-0 in support …

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