Crude oil prices rose again on Friday for a second day of gains and Oklahoma energy stocks had an equally strong day. Oil prices had a strong 1% gain due to growing prospects of lower Russian imports. The day’s trading saw West Texas Intermediate crude for April delivery, gain 93 cents or 1.2% to …
“I don’t think it’s the role of the attorney general to dictate to the utilities on how they consume or purchase their fuel.” Oklahoma Attorney General Gentner Drummond. If critics of the Oklahoma bond securitization Act that allowed utilities to force consumers to pay 2021 Winter Storm Uri costs over 25 to 28 years …
The nation’s number of oil and gas rigs actively drilling for new energy dropped in the past week as did the number in Oklahoma. The U.S. rig count, according to Baker Hughes Co., declined by 7 last week, falling to 753. The decline of 7 was all oil rigs as the national count fell …
Electric trucks made by an Arkansas manufacturer will soon be available in showrooms in Oklahoma and 7 other states. Envirotech Vehicles, Inc., maker of new zero-emission purpose-built electric vehicles announced a partnership with Strategic EV Solutions to provide the vehicles for showrooms in Arkansas, Texas, Oklahoma, Tennessee, Louisiana, Mississippi, Alabama and Florida. Phillip Oldridge, …
The debate is expected to swell soon in the Oklahoma legislature over a growing issue—Right of First Refusal. ROFRs as they are commonly called are being urged by some state legislators. ROFRs would allow existing electricity-grid operators from refusing competitive bidding for expanded transmission projects. Those projects are ballooning across the nation as the …
A bill in the Oklahoma legislature to end housing restrictions against residential solar panels is still alive. HB1023 by Ardmore Rep. Tammy Townley was assigned to the House Utilities Committee which has yet to consider the measure. As OK Energy Today reported earlier in February, Townley’s bill was fashioned after a bill passed in …
** House Republicans are launching an investigation into the Department of Transportation’s response to the Norfolk Southern train derailment in East Palestine, Ohio, accusing Transportation Secretary Pete Buttigieg of being too slow to get involved. ** Multiple energy experts blasted Vice President Kamala Harris after she claimed that the Biden administration has successfully reduced home …
Leaders of a small town near Houston learned this week that the water used to battle the blaze at the Ohio train derailment is being sent to a company in their town. Whether it’s coming through Oklahoma is unclear yet. They only learned of the matter through the press and were not notified by …
The development of more wind and solar power projects in the U.S. has been so great, there is a major obstacle for them….they can’t join the electric grids. More than 8,100 such projects waited for permission to connect to electric grids at the end of 2021 reported The New York Times. Click here for …
Alfalfa County KAREN #1, February 23 2023 29 29N 12W NWSESWNE API: 00320979 Lat: 36.96483684100035, Long: -98.51559721238158 TRANS PACIFIC OIL CORPORATION SH, RC, 5850 ft, MISSISSIPPIAN(4880), MISENER(5290), SYLVAN DOLO(5300), SIMPSON GROUP(5445) Grady County STMU #6-4-2 INJ, February 23 2023 08 3N 5W SWNENWNW API: 05125013 Lat: 34.752309407007985, Long: -97.75398454582033 MACK ENERGY CO DH, DR, 10592 ft, MORROW …
