Get ready for higher natural gas bills this winter. The U.S. Energy Information Administration is out with its prediction that natural gas spot prices at the U.S. benchmark Henry Hub will average $6.09 per million British thermal units. That’s the highest real price since the winter of 2009-10. The forecast reflects natural gas storage levels …
November 9, 2022 archive
Other headlines
** Wyoming’s oil and gas industry decides not to appeal a judge’s ruling that the Biden administration’s 2021 oil and gas leasing pause was legal. ** Dozens of mylar balloons blow into a Utah substation, leaving more than 22,000 households without power. ** Arguments begin in a Utah youths’ lawsuit over the state’s alleged promotion of fossil fuels and its effects on air …
Diesel fuel prices hover close to $5 a gallon in Oklahoma
The federal government is predicting the continuing decline in diesel fuel inventories will cause prices to soar through early next year. It’s the prediction of the U.S. Energy Information Administration which issued a report this week declaring that diesel prices “will remain higher than $5 per gallon the remainder of the year.” Prices in …
Latest large producing wells in Oklahoma
Blaine and Garvin Counties in Oklahoma are sites of the biggest new oil producers. Ovintiv did it again, scoring a Garvin County well with production of 2,159 barrels of oil a day along with 1,910 Mcf of natural gas. The Kellner 0304 1h-22x, located at 33 3N 4W, a site several miles south of Lindsay, …
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