June 28, 2021 archive

California Class-Action Lawsuit Filed Against Tesla Over Supercharger Fees

Tesla is now facing a class-action lawsuit when it was recently sued by an owner alleging the automaker broke its promise to provide free charging of its electric vehicles for life, according to a Bloomberg report. Kevin Shenkman filed his complaint in Alameda County, California state court which has jurisdiction over Tesla’s Fremont plant. He alleges …

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Oil and gas industry puts things on hold in exploration

  Oil and gas exploration is on hold across Oklahoma and the rest of the country, despite crude oil prices in the $73 range. Oklahoma’s latest rig count showed no change from a week ago when there were 27 active rigs. It’s still a far cry from the 10 rigs active in the state as …

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DUCS continued to decline across shale plays

  Data provided by the U.S. Energy Information Administration shows the number of drilled but uncompleted wells in the Anadarko Basin of which Oklahoma is a large part continued to decline as of last month. The EIA reported Monday that it estimated the number of DUCs was about 6,521 in the seven major tight oil …

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Contract approved for ONEOK’s new President/CEO

  ONEOK’s Board of Directors recently finalized the annual salary of the company’s newly-named President and Chief Executive Officer, Pierce H. Norton II. A filing with the Securities Exchange Commission revealed Norton will be paid $835,000 a year as of June 28, the effective date he assumes the position according to the filing of the …

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Senator takes on what he calls “Biden’s reckless climate crisis”

If only America’s technology companies could be inoculated against the Biden administration’s reckless climate crisis rhetoric, we’d be better off. Wyoming U.S. Sen. John Barrasso, often times siding with Oklahoma U.S. Sen. James Lankford as members of the Senate Energy and Natural Resources Committee thinks the nation is approaching what he calls the “Biden Climate …

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“Clean Car Rules” proposed in New Mexico

  Government leaders in New Mexico announced they plan to create “Clean Car Rules” for their state in a move to make sure there are more “climate-friendly” cars on the road. Gov. Michelle Lujan Grisham recently made the announcement and said the state will work with the city of Albuquerque to adopt the clean car …

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Wastewater recycling firm expands Permian operations

  In an effort to alleviate the growing number of earthquakes in the Permian Basin, a Houston company is expanding its method of recycling oilfield wastewater rather than injecting it back into disposal wells which some contend are the source of the seismic incidents. Breakwater Midstream recently expanded its Big Spring Recycling System in Martin …

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Entergy wants to increase wind and solar power in Arkansas

      Entergy Arkansas, a  major utility in the state wants to add to its electricity generating portfolio up to 300 megawatts of solar and wind capacity and do it by 2026. Click here for story from the Magnolia Reporter.  

Energy news in brief

** Honda announced Monday that it will introduce an electric SUV called the Prologue, marking the automaker’s first attempt to sell an EV in high volume as it pivots away from gasoline-powered cars. The launch is part of Honda’s recently announced plan to switch to all zero-emission vehicles in North America by 2040, including battery-electric cars and hydrogen …

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So you want to totally stop oil and gas production?

  The people at the New Mexico Oil and Gas Association have as gentle reminder for those who think they can live without the products of oil and gas. Think they can exist without any benefits of the oil and gas industry. It might very well be aimed at those pipeline protesters as they demonstrate …

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