Global banking worries continued to incite volatility in the energy markets on Monday. After plunging to their lowest rock-bottom level in the past 15 months, oil prices slightly rebounded with West Texas Intermediate (WTI) crude futures for April gaining 90 cents or 1.4% to close at $67.64 a barrel. WTI crude futures for May rose …
March 20, 2023 archive
Corporation Commission Calls Monday Afternoon Special Meeting to Discuss SB 1103
The Oklahoma Corporation Commission will meet on Monday, March 20, 2023 at 1:30 p.m. A special meeting was called to discuss the Oklahoma Senate’s proposed electric utilities Ratepayer Protection Act of 2023 (SB 1103) and its impact or potential regulatory issues. The public meeting will allow input from representatives of parties who have participated as …
Short energy stories from the US and the world
**The Biden-Harris administration is continuing its push to make electric vehicle ownership a reality across the country, particularly in Black and brown communities that have been most affected by climate and environmental issues and high gas prices. his week, the administration opened up applications for a $2.5 billion grant program allowing states and municipalities to begin …
EPA contends Oklahoma cannot block waste shipments from Ohio
Another fight with the EPA is in the making for Oklahoma Gov. Kevin Stitt and other governors who have blocked shipments of waste from the fiery train derailment in Ohio. After Stitt blocked rail shipments of contaminated soil to a waste site in northwestern Oklahoma, EPA Administrator Michael Regan responded by stating there was …
Court says Texas Utility Commission “exceeded” limits in 2021 Winter Storm Uri
Two years after the devastating 2021 Winter Storm Uri left nearly 200 dead in the state of Texas and prompted calls for better grid control, a Texas appeals court ruled the state’s regulatory agency overstepped its bounds and kept power prices too high. The Texas 3rd District Court of Appeals in Austin concluded the …
BCE-Mach III creates more producers in Oklahoma’s STACK play
Two years after BCE-Mach III LLC expanded its Anadarko Basin holdings to 46 counties in western Oklahoma, the Texas Panhandle and Kansas, the company recently filed completion reports on a series of four Kingfisher County wells. The four Lincoln Southeast Oswego Unit wells were completed in January and the largest producer, with 489 barrels …