A boost in the value of the U.S. dollar made oil more expensive for holders of other currencies resulting in a 2% drop in oil prices in Monday’s trading while Oklahoma energy stocks suffered with big losses. U.S. West Texas Intermediate crude fell 2.3% or $1.68 to end the day at $70.29 after slipping …
September 2021 archive
Buc-cee’s the answer to EV charging?
Ever pulled into a Buc-cee’s on an I-35 road trip in Texas? If you haven’t, you’re missing an experience. It’s like a Costco store for gas, food, clothes and anything else you might want to throw into the truck along with the gasoline in the tank. Now the chain store has the attention of …
Opposition grows to West Texas nuke waste site
Last week’s federal approval for construction of a nuclear waste site near the small far West Texas town of Andrews has political forces banding together in opposition. Environmentalists are joining forces with political leaders they normally oppose reported The Times. Click here for The Times.
New Mexico Senators take heat for supporting oil and gas tax incentives
According to environmentalists and at least two lawmakers, New Mexico political leaders did not do enough to oppose $121 billion in tax incentives for the country’s fossil fuel industry. The main target of their disappointment were U.S. Sens. Martin Heinrich and Ben Ray Lujan reported the Santa Fe New Mexican. Click here for …
Keystone opponents come out against carbon capture pipelines
After leading efforts in opposition to the now-dead Keystone XL pipeline, opponents in Nebraska have turned their efforts against pipelines to carry carbon dioxide emissions to underground storage sites. POLITICO’s Morning Energy Report indicated those opponents are also criticizing Democrats for the $2 billion in the infrastructure bill to help develop the carbon dioxide …
Oklahoma broadband assets reviewed in House interim study
Rep. Logan Phillis, R-Mounds on Monday held an interim study on state broadband assets. The study was held before the House Technology Committee, which Phillips chairs. “Oklahoma has the opportunity to utilize our current fiber assets to better serve residents across our state,” Phillips said. “In order to do this, we need to better understand …
Lagoon Water Midstream enters Midland Basin with strategic acquisition
Lagoon Water Midstream announced Monday that it has closed on the acquisition of Double Drop Resources, a water management company located in the Midland Basin. With ongoing support from Macquarie Infrastructure Partners, this acquisition significantly expands Lagoon’s operations and establishes it as a multi-basin water management company with a presence in the heart of …
Earthquakes shake northern Oklahoma
At least three earthquakes, the largest at 4.1 magnitude shook northern Oklahoma Sunday evening. So far, there are no reports of injuries or damage. The U.S. Geological Survey recorded the quakes around 5:30 p.m. and their epicenters were located a few mile east of the community of Nescatunga in Alfalfa County. The weakest of …
North Dakota loses status as 2nd biggest oil producer
Energy leaders in North Dakota seems to think that the development of underground storage of carbon emissions might more than offset the loss of the state’s status as the second biggest oil producer in the U.S. The Bismarck Tribune reports the carbon storage momentum might offset the disappointment of officials to recent word that …
Energy news in brief
** Canadian-based PetroTal Corp. announced the completion of its fourth horizontal well in Peru’s Bretana oil field, a well producing 7,600 barrels of oil a day over a ten-day period. ** C F Industries, which uses hydrogen and nitrogen to make fertilizers and other products, said it has halted operations at its U.K. manufacturing complexes due …
