The possibility of a strike by workers at the railways serving Oklahoma and the rest of the nation remains, even after a special board named by President Biden came up with recommendations of pay. The board, appointed to intervene in the stalled railroad contract talks said this week that the 115,000 rail workers should …
August 2022 archive
Wind farm subsidies still with us—even in Oklahoma
It wasn’t but a few years ago when Oklahoma ended its wind energy subsidies after a fiery battle between the wind industry and oil and gas operators. But with President Biden’s signing of the Inflation Reduction Act on Tuesday, federal wind energy tax credits will be extended through 2025. It doesn’t mean there isn’t …
Judge sends Oklahoma lawsuit challenging Biden’s oil lease pause back to court
A court’s decision in support of the lawsuit filed by Oklahoma, Louisiana and several other states that fought the Biden administration’s 2021 pause on new oil and gas leasing on federal land was vacated Wednesday by a U.S. circuit judge. The ruling means the challenge to President Biden’s key piece of his climate change …
Other energy events in the US and world
** The National Academy of Sciences is prohibiting White House climate aide Jane Lubchenco from being involved in NAS activities and publications for five years after she violated its code of conduct, the prestigious nonprofit organization said. ** Harriet Hageman, the woman who beat GOP Rep. Liz Chaney in a Republican primary landslide on Tuesday, spent decades …
Missouri ends solar tax break as Biden signed IRA
After being on the books for nearly a decade in Missouri, a solar tax break was abruptly halted this week by the Missouri Supreme Court as President Biden signed his Inflation Reduction Act into law, one that provides expanded breaks for the solar industry. The Associated Press reported the court ruled the state constitution …
Completion reports for August 16, 2022
GRADY COUNTY Citizen Energy Iii Llc Mississippian(11101): Oil 375 Gas 519 Water 2762 Flow 12 8N 6W Brushy Lake 2h-13-24, February 20, 2022 HH, OIL, TD: 22110 ft Lat: 35.17542, Long: -97.78653 API: 35051248700000
Permits to drill for August 16, 2022
Blaine County HECKENBERG #5-18-19-30XHW, August 16 2022 18 13N 13W SENENWNW API: 01124333 Lat: 35.60822112975566, Long: -98.6278621442967 CONTINENTAL RESOURCES INC MU, DR, 29919 ft, MISSISSIPPIAN(14662), WOODFORD(14784), HUNTON(15711) Carter County JAKE #1-31-30-1-3MXH, August 16 2022 06 2S 3W SENENWNW API: 01926504 Lat: 34.41850081847713, Long: -97.55812636490396 SCISSORTAIL EXPLORATION AND MU, DR, 19375 ft, SYCAMORE(9263), WOODFORD(9666) Carter County JAKE #2-31-30-1-3MXH, …
Relief from heat wave in Oklahoma?
The sound of one giant sigh of relief can be hard across Oklahoma…thanks to a cool front that arrived Tuesday evening bringing with it a chance of rain and perhaps a temporary end to the sweltering heat with temperatures higher than 100 degrees. But Gary McManus, State Climatologist with the Oklahoma Mesonet says the …
Crude oil prices drop to 6-month low and OK Energy stocks were weak
Crude oil prices on Tuesday hit their lowest level since before Vladimir Putin decided to send his troops into Ukraine, starting a war that continues claiming lives every day. US prices dropped even lower after settling Monday below $90. What prompted the nearly 3% drop in prices? Analysts blamed new economic data about a potential …
Energy Transfer wraps up sale with joint venture
Energy Transfer LP announced Monday the completion of the sale of its 51 percent interest in Energy Transfer Canada ULC (Energy Transfer Canada) to a joint venture which includes Pembina Pipeline Corporation and global infrastructure funds managed by KKR. The company stated the sale of the assets allows Energy Transfer to further deleverage its …