Oklahoma Congresswoman Stephanie Bice says the House-passed Democrat Fuel Price Gouging bill offers no real solutions for the energy crisis facing America. She was one of those who voted against H.R. 7688 or the Consumer Fuel Price Gouging Prevention Act. Rep. Bice, the Republican from Edmond called it by another name–the Socialist Energy Price …
May 2022 archive
Merger of energy firms creates $7 billion Denver-based company
Denver’s Centennial Resource Development has merged with a Texas company to create a $7 billion oil and gas production company to focus its effort in Texas. Centennial reached the deal with Colgate Energy, a firm based in Midland, Texas. The stock transaction means the combined company will be based in Midland while Centennial’s office …
Energy secretary is told–yes, you are to blame for high gasoline costs
The gloves are off as some in Congress aren’t afraid to tell Biden administration officials—they are responsible and not Vladimir Putin for the high cost of gasoline. Consider the latest tiff as Energy Secretary Jennifer Granholm tried to defend the administration during a Senate committee hearing. Click here for Fox News
Energy headlines in US and the world
** U.S. Sen. Shelley Moore Capito of West Virginia calls on the Biden administration to cut regulations to spur domestic energy production. ** Coal employment remains steady in Northern Appalachia, but grew nearly 14% in central Appalachia from the lows of 2020 amid high demand for steel-making coal. ** As much as 2.09 million barrels a day of gasoline, diesel and …
Making a list–checking it twice in search for anti-oil and gas financial firms
As Oklahoma creates its own kind of law to do the same thing, Texas has already started drawing up a list in its search for financial firms that plan to boycott the oil and gas industry. At least 20 firms have replied to requests from the Texas state comptroller to admit whether they restrict …
Permits to drill for May 19, 2022
Carter County COURBET #3-27-21XHW, May 19 2022 27 1S 3W SWNESESE API: 01926480 Lat: 34.43679583678613, Long: -97.49446093786483 CONTINENTAL RESOURCES INC MU, DR, 22181 ft, SYCAMORE(9925), WOODFORD(9995) Dewey County OMMEN #5-14H, May 19 2022 23 16N 20W NWNENWNE API: 04323751 Lat: 35.85495334259745, Long: -99.29368937282321 DUNCAN OIL PROPERTIES INC HH, DR, 14800 ft, CLEVELAND(9500) Mcclain County TUT #1-9-16-21XH, May …
Completion reports for May 19, 2022
CARTER COUNTY Scout Energy Management Llc All Zones Producing: Oil 4 Water 374 Pump 31 1S 3W A S Moore 5, December 22, 2021 SH, OIL, TD: 5000 ft Lat: 34.42418, Long: -97.55698 API: 35019239130003 CUSTER COUNTY Kaiser-francis Oil Company Cherokee(11859): Oil 2129 Gas 205 Water 2115 Flow 5 13N 16W Muno 5-13-16 1h, March 24, 2022 HH, OIL, TD: 16863 ft Lat: 35.63784, Long: …
Harold Hamm’s ownership of Continental shares continues to grow
Continental’s Chairman Harold Hamm has expanded his share holdings in the oil and gas company he founded in 1967 in Oklahoma. While he has been acquiring shares through multi-million dollar purchases in recent months, Hamm picked up another 10,405 shares at no cost in the past several days. The direct acquisition came at the …
Thursday brought a rebound in crude oil prices
After two days of drops in prices, crude oil saw a rebound in Thursday’s trading. Analysts credited a bolstering by weakness in the dollar and the possibility that China might ease coronavirus lockdown restrictions. West Texas Intermediate crude for June delivery went up $2.62 or 2.39% and finished the day at $112.21 a barrel …
OGE Energy Corp wraps up annual meeting of shareholders
OGE Energy Corp. virtually held its 2022 Annual Meeting of Shareholders Thursday, electing its board of directors and taking action on a number of items. The company also declared a 41-cent a share dividend for the third quarter. In voting announced at the meeting, OGE Energy shareholders: Elected nine members of the company’s board of …
