April 2021 archive

Gasoline prices hold steady at $2.63 in Oklahoma

  Oklahoma gasoline prices held steady in the past week staying at $2.63 a gallon average, the same price as a week ago, but three cents lower than a month ago. AAA reported the statewide average compared to the national average of $2.86 a gallon. Oklahoma City prices averaged $2.56, down three cents in the …

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Produced water injection plan draws challenges in Wyoming

  A state-approved plan to injection “produced” water into a Wyoming aquifer has been challenged by conservation groups who claim the project fails to meet Safe Drinking Water Act requirements. A report by WyoFile indicated the challenge was made by the Powder River Basin Resource Council, Wyoming Outdoor Council and Natural Resources Defense Council. They …

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Hundreds call for nationwide ban on fracking

    Hundreds of state and local elected officials from across the national signed a letter sent to the President this week demanding a nationwide ban on new federal permits for fracking and fossil fuel infrastructure. Nearly 400 signed the letter calling on the federal government to end fossil fuel industrial subsidies reported The Hill. …

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1Q earnings report to be released by Cheniere Energy

  Houston’s Cheniere Energy Inc. plans to issue its first quarter 2021 earnings report on Tuesday, May 4 before the start of the market. A conference call for investors and analysts will be held at 10 a.m. Central Time later in the day. The company reported $1.05 adjusted EBITDA for the fourth quarter of 2020 …

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Oklahoma credit outlook improves

A week after Oklahoma gross receipts improved because of increased oil and gas revenues, State Treasurer Randy McDaniel announced Standard & Poor’s Global Ratings had revised Oklahoma’s outlook from negative to stable. S&P said the improvement was because Oklahoma state government had done well managing its finances during the coronavirus pandemic. The ratings service had …

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Energy news in brief

** U.S. Sen. Joe Manchin of West Virginia could play a key role in the success or failure of President Biden’s $2 trillion infrastructure plan, which may benefit his coal-reliant state but relies on raising the corporate tax rate, which Manchin opposes. ** Xcel Energy has unveiled plans for the largest solar energy plant in Minnesota by …

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Solar operations expand in Arkansas

  Another central Arkansas solar operation was scheduled to begin this week with groundbreaking in the city of Cabot. Central Arkansas Water planned ceremonies to break ground on a 4.8 megawatt power station on a 30-acre piece of land in Cabot. Arkansas Business reported the 12,300-panel array will be the state’s first PSC-approved net-metering facility …

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Ethanol plant received COVID funds amid environmental concerns, delinquent taxes

  The Kansas-based firm AltEn, sued over its Nebraska ethanol plant operations received more than $210,000 in COVID relief funds last year from the Nebraska Department of Economic Development. The money was awarded as AltEn’s plant at Mead, Nebraska fell under increased scrutiny from environmental regulators reported the Lincoln Journal Star. Click here for Lincoln …

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Unhealthy air advisory in northern Oklahoma

             Date: Wednesday, April 14, 2021   Air Pollutant(s): Fine Particulate Matter (PM2.5) Current Monitoring Data Advisory Sign Up EPA’s Air Now

Ovintiv begins exploration in Oklahoma’s Canadian County

  Tulsa’s Ovintiv Mid-Continent Inc. received drilling permits to begin exploration in Canadian County. Permits to drill were issued this week for a three-well single-pad site. The three ROCK ISLAND #1407 wells will be located at 11 14N 7W which is several miles southeast of the city of Okarche. The permit,  01725666 shows drilling is intended to be in …

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