February 14, 2023 archive

Energy briefs

** Ford Motor announced Monday that it’s partnering with a Chinese company to build a $3.5 billion electric vehicle battery plant in Michigan, a move sure to spark backlash from Republican lawmakers. ** Republicans are scrutinizing the administration’s billions of dollars in low-carbon energy incentives for signs that money could benefit companies tied to Beijing. ** Recently …

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Kingfisher County wells are strong producers for Canvas Energy

  Oklahoma City energy producer Canvas Energy LLC filed reports this week showing two wells drilled on a single pad in Kingfisher County had combined production of more than 1,400 barrels of oil a day. The two Wario wells, drilled at 29 16N 5W, a site 4 miles northwest of the town of Cashion, were …

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Oklahoma’s Congressional delegation won’t like Biden’s next oil move

  In a move sure to perturb Oklahoma’s congressional delegation, the Biden administration reportedly plans to sell more crude oil from the Strategic Petroleum Reserve. Bloomberg reported the sale will amount to 26 million barrels of crude. It quotes a Department of Energy spokesperson who said the sale is in accordance with a budget mandate …

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