Gasoline prices in Oklahoma are rising almost faster than you can fill up your car tank. Prices for regular gasoline reached an all-time average high of $4.54 a gallon in the state on Wednesday, according to AAA’s gas report. That’s a 5-cent-a-gallon jump in one day and 33 cents higher than a week ago. …
June 2022 archive
Energy news headlines of other stories
** The Interior Department’s Bureau of Ocean Energy Management began an environmental review of US Wind LLC’s proposed offshore wind project about 10 miles off the coast of Maryland, which could include up to 121 turbines and potentially power 650,000 homes in Delaware and Maryland according to POLITICO. ** Louisiana is looking into the source of a …
OGE makes it official with ratepayer bonds to cover storm costs
The effort to sell nearly $1 billion in ratepayer backed bonds to be used in covering OGE Energy Corp.’s February 2021 storm costs was launched this week. OGE Energy Corp, in the filing of a Form 8-K with the U.S. Securities and Exchange Commission indicated the Oklahoma Development Finance Authority began offering the bonds …
EV ownership soars in Arkansas
Electric vehicles registered in Arkansas are up 43% in the first five months of 2022 compared with the same period in 2021, with Benton, Pulaski and Washington counties home to 57% of those, according to info from the Arkansas Department of Finance and Administration (DFA). The number of fully electric vehicles in Arkansas as …
Oilfield employment went up in May
Oilfield employment across the U.S. increased by nearly 4,800 during the month of May, reaching a total of nearly 629,000 according to the government. The Bureau of Labor Statistics reported the increase in May totaled 4,774 jobs, bringing the nation’s total employment in the oilfields to 628,793. Click here for Energy Workforce and Technology …
Laredo Petroleum breaks up with accounting firm
Laredo Petroleum decided this week to end its services with Chicago-based Grant Thornton LLP as its accounting firm. But neither side gave any clue as to what caused the break-up, something that is typical when such splits occur. The Tulsa-based company fired Grant Thornton and appointed Ernst & Young LLP as its new public …
Shell offers green power plan in Texas
A new green power business for Texas homes was launched this week by Shell, a plan that includes free charging for electric vehicles during off-peak hours. Reuters reported the new U.S. retail brand is called Shell Energy Solutions. Click here for Reuters
Completion reports for June 7, 2022
PONTOTOC COUNTY Citation Oil & Gas Corporation Commingled: Oil 56 Water 1961 Pump 27 2N 7E East Fitts Unit 21-23, December 15, 2021 SH, OIL, TD: 4302 ft Lat: 34.61620, Long: -96.56049 API: 35123238960000
Permits to drill for June 7, 2022
Beaver County BUTTCH #1-13, June 07 2022 13 4N 26EC CSWSW API: 00725434 LATIGO OIL AND GAS INC SH, RC, 6300 ft, LOVELL (TORONTO)(4850), KANSAS CITY(5440), MARMATON(5830), CHEROKEE(6115) Canadian County MARBLE 1307 #1SMH-34, September 24 2021 03 12N 7W NENENWNW API: 01725706 Lat: 35.550729433498866, Long: -97.93317765737814 CANVAS ENERGY LLC HH, AM, 14500 ft, MISSISSIPPIAN(9626) Canadian County MARBLE …
Crude oil recovers and OK Energy stocks score big gains
U.S. crude oil prices finished up 1% Tuesday at a three-month high, bouncing back from a slight drop in Monday’s trading. Traders said the gain was based on supply concerns and a number of other geopolitical issues including the prospects for demand growth in China where coronavirus lockdowns are finally being eased. It also …