December 2022 archive

Rep. Bice calls for more research into hydrogen fuel cell production

  Oklahoma Congresswoman Stephanie Bice is pushing a hydrogen research measure in the House. The Republican Representative along with Democrat Paul Tonko of New York introduced the Department of Energy Clean Hydrogen and Fuel Cell Research, Development, and Demonstration Act of 2022, bipartisan legislation that would empower the Department of Energy (DOE) to strengthen its efforts …

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PSO charity program continues giveaway of LED lights

  Public Service Company of Oklahoma’s Shine A Light program is helping families in need by distributing more than 118,000 free LED bulbs. Since 2014, Shine A Light has distributed more than 750,000 energy-efficient bulbs to food pantries in PSO-served areas. This year, Shine A Light expanded to 22 pantries serving 100 communities. “These are difficult …

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Court ruling stops $5 billion turnpike expansion in Oklahoma

  As of noon Thursday, the Oklahoma Turnpike Authority brought a halt to its work on developing the $5 billion ACCESS Oklahoma toll road expansion plan. Vendors were notified by email that the Authority had not anticipated a Cleveland County District Judge’s ruling that turnpike officials had “willfully” violated Oklahoma’s Open Meeting Act. Turnpike Authority …

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Rep. Lucas demands answers about US grant to firm with Chinese ties

  Why did the US government approve a $200 million grant to a company with direct ties to communist Chinese leadership? It’s the question Oklahoma Congressman Frank Lucas wants answered by the Biden administration. As the Ranking Member of the House Science, Space, and Technology Committee, Rep. Lucas fired off a letter to Department of Energy Secretary …

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Christmas light bills cost more this year in Oklahoma

  Thanks to increased utility costs in Oklahoma, the cost of Christmas lights at your home went up $3 this year compared to last year. Now if you’re Clark Griswold in the movie “Christmas Vacation,” that’s another matter, right? A study by  House Method showed the national average cost is $16.48 this year. In Oklahoma, the 2022 …

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More energy headlines

** In 15 U.S. states last year, coal was used to generate electricity more than any other energy source. Twenty years earlier, in 2001, coal was the largest source of electricity generation in 32 states. The United States has shifted away from coal-fired generation since it peaked in 2007 and toward natural gas and renewables. …

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Permits to drill for December 7, 2022

Custer County UNCLE RICO 17_8-14N-14W #2MHX, December 07 2022 20 14N 14W NWNWNWNE API: 03922619 Lat: 35.68111461098823, Long: -98.71134519026795 PALOMA OPERATING CO INC MU, DR, 26000 ft, MISSISSIPPIAN(12300) Custer County UNCLE RICO 17_8-14N-14W #1MHX, December 07 2022 20 14N 14W NWNWNWNE API: 03922618 Lat: 35.681114606428885, Long: -98.71141253070951 PALOMA OPERATING CO INC MU, DR, 26000 ft, MISSISSIPPIAN(12300) Seminole …

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Completion reports for December 7, 2022

completions: none were processed today

Crude prices hit year low and OK energy stocks fell

  Not since Russia’s invasion of Ukraine has the price of oil fallen so low following Wednesday’s trading. Prices hit their lowest mark of the year and the day also produced losses for most Oklahoma energy stocks. West Texas Intermediate crude for January delivery dropped $2.24 a barrel or 3% to settle at $72.01 on …

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Cushing oil hub continues with its fall in stored crude oil

  The Cushing hub continues in its declining amount of crude oil in storage. The U.S. Energy Information Administration on Wednesday reported the latest total in storage as of December 2 is 23.9 million barrels, a drop of 400,000 barrels from Nov 25, 2022. As of late October, the hub held 28.2 million barrels of …

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