The foul-up by the EPA in causing the Gold King mine spill nearly seven years ago means $63 million in taxpayer’s money will go to the state of New Mexico and the Navajo Nation. The mine spill began near Silverton, Colorado and the polluted water eventually made its way into rivers and streams in …
June 2022 archive
OGE rate hike case turning into unusual event
When an Administrative Law Judge of the Oklahoma Corporation Commission holds a June 27 hearing on the $163.5 million rate hike request, it promises to be something of a rare event. Two joint stipulations and settlement agreements regarding the request will be considered, something that long-time observers of the Corporation Commissioners haven’t seen in …
Oklahoma oil and gas group attacks OGE’s rate hike request
In opposing Oklahoma Gas and Electric company’s $163.5 million rate hike, the state’s largest and most influential oil and gas group said regulators should not approve such an increase until the utility fulfills its pledge to correct inadequate planning and preparation it had for the February 2021 winter storm Uri. It also heavily criticized …
Crude settled to four-week low on Friday—OK Energy stocks suffered
Concerns that major central banks in the U.S. might hike interest rates and slow the world economy sent crude oil prices on Friday tumbling nearly 6% to a four-week low. It also was a sore day for Oklahoma energy stocks as some slid by 10%. Now the question is, whether prices and the energy stocks …
Scramble by renewable energy developers in eastern Colorado
Excel Energy’s recently approved $1.7 billion Power Pathway transmission line project is reportedly causing a land rush of sorts in eastern Colorado. Some ranchers and farmers call it the new “cash crop” as wind and solar developers scramble to lock up land for their projects reported the Colorado Sun. Click here for Colorado Sun …
Headlines of US and World energy news stories
** Americans are “really, really down” after two years of a pandemic and amid rising gasoline prices but the economy is in better shape than many think, President Joe Biden said in a recent interview with the Associated Press. ** The Biden administration is working to finalize a meeting between Energy Department officials and oil companies that is …
Fort Worth energy firm raises $1.7 billion for Permian acquisitions
It’s being called one of the largest pools of capital raised and dedicated to oil and gas development in the Permian Basin since the 2020 pandemic—more than $1.7 billion from investors. Double Eagle came up with the fund for its latest venture reported Reuters. The company has made some of the most acquisitions in West …
Rep. Mullin—The Consequences of Biden’s Failed Economic Agenda
U.S. Rep. Markwayne Mullin continued his assault on President Biden and his economic policies in his latest newsletter to his constituents, saying the nation cannot afford Biden’s policies. Here’s how he put it to his followers: Due to record high inflation, the Federal Reserve raised interest rates this week by .75%. This is the …
Completion reports for June 17, 2022
GRADY COUNTY Roan Resources Llc Mississipian: Oil 624 Gas 816 Water 614 Flow 6 9N 5W Don’s Ranch 6-31-9-5 3mxh, August 11, 2019 HH, OIL, TD: 17204 ft Lat: 35.28247, Long: -97.77287 API: 35051246390000 Roan Resources Llc Mississipian: Oil 624 Gas 816 Water 614 Flow 6 9N 5W Don’s Ranch 6-31-9-5 3mxh, August 11, 2019 HH, OIL, TD: 17204 ft Lat: 35.28247, Long: -97.77287 API: 35051246390000 ROGER …
Permits to drill for June 17, 2022
Canadian County BLACKBURN 1207 #1SMHX-28-33, June 07 2021 28 12N 7W SESWSWNE API: 01725677 Lat: 35.486626479958126, Long: -97.94450430814352 CANVAS ENERGY LLC MU, AM, 17700 ft, MISSISSIPPIAN(9668), WOODFORD(10089) Canadian County BLACKBURN 1207 #4SMHX-28-33, June 07 2021 28 12N 7W NENWNESE API: 01725679 Lat: 35.485908952096885, Long: -97.93965404678127 CANVAS ENERGY LLC MU, AM, 17050 ft, MISSISSIPPIAN(9580), WOODFORD(10009) Coal County KELLY …
