The government’s predicting increased use of propane consumption this winter, expecting an increase of 3.4% and largely because of the growing use of propane as a petrochemical feedstock. It’s a prediction that likely will affect Oklahomans this coming winter. The U.S. Energy Information Administration reported in its latest Short-Term Energy Outlook (STEO), it anticipates the greater …
August 2021 archive
Energy news in brief
** The Minnesota Supreme Court on Tuesday declined to hear an appeal by opponents of Enbridge Energy’s Line 3 oil pipeline, letting stand a key decision by independent regulators to allow construction on the project to proceed. ** North Dakota’s attorney general files a motion seeking to resume oil and gas leasing on public lands. ** U.S. Energy Storage Association …
Tribes demand input in government’s oil and gas leasing review
Native American leaders in northwest New Mexico say the U.S. Interior Department should include them in the agency’s review of its mineral leasing program. Pueblo leaders and archaeologists are seeking help in protecting the Chaco Canyon in the state. They also say the government should consult tribes as the Interior Department moves ahead with …
Biden administration takes a knee in oil and gas lease fight
A federal judge’s ruling in the lawsuit filed by Oklahoma and a dozen other states that President Biden’s pause of leasing oil and gas drilling rights in the U.S. and the Gulf of Mexico prompted the Interior Department to move to resume the sale of the rights. Oklahoma and the other states filed the lawsuit …
PSO stands by natural gas decisions during historic winter storm
As Public Service Company prepares to win approval of a $732.5 million rate hike stemming from the February winter storm, details have emerged how quickly prices and the natural gas supply challenges stormed out of hand for the Oklahoma utility over a matter of a few days. It also offers insights into the wrong …
Second day of gains for crude oil and Oklahoma energy stocks
Optimism about falling COVID-19 infections in China and a major production outage from a deadly fire in the Gulf of Mexico helped crude oil prices recover Tuesday for a second day in a row. Oklahoma energy stocks gained as well. West Texas Intermediate crude for October delivery rose $1.79 or 2.56% to finish Tuesday’s …
Lankford demands an oil production answer from the White House
Oklahoma Sen. James Lankford is keeping the U.S. mail service busy these days with letters of complaint to the White House. His latest demands an explanation from the President why his administration favors foreign oil over American oil. The Senator was joined by five other Republicans on the Senate Energy and Natural Resources Committee …
OKC’s Devon Energy 2nd largest holder of permits to drill in New Mexico
An article by a California-based investigative online journalism group recently focused on the nearly 10,000 permits to drill applications approved or pending in the state of New Mexico. The story by Capital and Main pointed out that two energy firms, Oklahoma City-based Devon Energy and Houston’s EOG Resources are the two largest holders …
Colorado energy firm hit with $1.6 million fine
Turns out the fine against an energy firm that not only improperly stored waste but failed to report and address spills totaled $1.6 million from Colorado regulators. KP Kauffman operates nearly 1,200 low-producing oil and gas wells on the Front Range and was hit with the massive fine on Monday according to The Colorado …
Energy firms offer rewards to new workers who get vaccinated
Oklahoma energy firms have joined the movement of offering big cash rewards to new workers who line up to get a vaccination against COVID-19. Reports indicate that Devon Energy is offering a $500 cash reward to those new employees who offer proof by Oct. 15 that they were vaccinated. The Permian Basin’s largest oil …