Texas plans to use its $25 million federal government grant to plug nearly 800 abandoned oil and gas wells in the state. The 800 are among an estimated 7,400 abandoned such wells in Texas reported The Texas Tribune. Click here for Texas Tribune
August 29, 2022 archive
2020 inflation-adjusted U.S. energy expenditures lowest since 2002
Not a surprise, but new energy cost figures released this week by the federal government showed Americans spent less on energy in 2020 when the Covid pandemic hit the world. In 2020, the amount U.S. consumers spent on energy (energy expenditures) fell to $1 trillion, the least amount since 2002, according to the U.S. …
Higher natural gas costs already hurting Oklahoma consumers
Those stories of higher natural gas prices and how they’re hurting consumers aren’t just stories—the prices are hitting Oklahomans where it hurts. Natural gas prices in the state are nearly three times what they were a year ago as The Oklahoman reported this week. Click here for The Oklahoman
Weekend storms to bring some drought relief?
A large segment of Oklahoma remained under an extensive drought as of late last week, until more rains fell over the weekend. Rainfall was reported in the northwest on Saturday then heavy rains moved into central Oklahoma on Sunday, with more than 2 inches recorded in the Oklahoma City area. Storms were still reported …
$600 million in notes to be redeemed by Halliburton
Halliburton announced it is attempting to redeem nearly $600,000,000 in outstanding senior notes. The company called for redemption of the entire outstanding principal amount of its 3.50% senior notes due in 2023. The redemption date is September 25, 2022 and the total of notes currently outstanding is $600,061,000. Halliburton plans to use cash on …
Upgrades coming at Enid airport
Nearly $8 million in grants will result in upgrades to Enid’s Woodring Regional Airport, upgrades that will allow nearby Vance Air Force Base make more use of the facility. Construction is to to begin in the coming months. The Enid News and Eagle reported Woodring’s center runway will be reconstruction which in effect will …
Legislator speaks against deregulation of utilities
One former Oklahoma legislative leader says deregulating utilities would be bad for Oklahomans. It’s the opinion of Rep. Garry Mize who chaired the House Utilities Committee until he decided not to seek re-election and wrote about his stance in the Viewpoints section of the Sunday Oklahoman. Click here for The Oklahoman
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