Oklahoma’s economy in May was apparently pretty flat…at least that’s how one state agency described the state’s General Revenue Fund collections–“substantially flat.” That’s how the Oklahoma Office of Management and Enterprise Services put it in revealing the May collections were $702.7 million, an amount that was $84 million or 13.6% more than the initial …
June 2023 archive
Government to spend $26 million searching for nuclear waste sites
As residents near Carlsbad, New Mexico and West Texas remain opposed to nuclear waste site dumps near their homes, the government announced this week it will search for other sites to also store spent nuclear fuel. It will cost $26 million to conduct the study to find communities willing to accept a temporary federal …
EPA to crack down on Colorado’s only oil refinery
The Environmental Protection Agency plans a crack down on Colorado’s only oil refinery after studies show it released more air pollution than others its size. Tests showed Suncor had more excess releases of sulfur dioxide-laden tail gas than any of 11 comparable refineries according to the Region 8 EPA study. “We will use this …
Wildfires to nuclear energy—part of latest edition of Mitchell Talks Energy
This week, News 9 political analyst Scott Mitchell talks with OK Energy Today’s Jerry Bohnen about everything from recent Canadian wildfires to the future and past of nuclear energy in the southwest United States as a blockbuster movie about the development of the atomic bomb gets set to premiere.
Nation loses one of its 11 biodiesel refineries
The challenges of biodiesel refining claimed one of the nation’s eleven biodiesel refineries. W2Fuel in Crawford, Iowa shut down operations this week with a company official explaining the firm needed more certainty for the need of its product. The plant produced nearly 10 million gallons of fuel a year. But there was doubt about …
Kansas regulators green light the 370-mile Grain Belt Express transmission line
The 370-mile long Grain Belt Express Clean Line Project won approval this week from the Kansas Corporation Commission. The line is part of Invenergy Transmission LLC’s plan of transmitting southwest Kansas wind powered electricity over 780 miles east into Illinois. KWCH TV news reported the approval means construction on the Kansas side of the …
Other energy reads
** U.S. climate envoy John Kerry on Tuesday urged the world to be “very skeptical” about claims from oil and gas producers that emerging technology soon will allow people to adequately capture the climate-wrecking fumes emitted by their cars, planes and businesses. ** West Virginia Sen. Shelley Moore Capito and Rep. Carol Miller have teamed …
ONEOK and Magellan advance their nearly $19 billion merger
Despite opposition from one Magellan Midstream shareholder, ONEOK and Magellan are moving ahead in preparation of ONEOK’s $18.8 billion acquisition of the Tulsa company. In a filing with the Securities and Exchange Commission, the two companies described it a “fast paced few weeks since we announced our merger.” The two announced the formation of …
Biden administration managed to make profit as it refills Strategic Petroleum Reserve
The refilling of the nation’s Strategic Petroleum Reserve by the Biden administration resulted in a $66 million profit for the country. The profit came after the President released millions of barrels from the SPR in 2022 because of high gasoline prices. Now, as the government replenishes its emergency oil reserves, its deal with five …
McClain County drilling effort proves successful for CPRP Services
Completion reports filed nearly 7 months after some wells were producing in McClain County, show growing exploration efforts by CPRP Services LLC of Oklahoma City. The company had a two-well effort from a single pad with production of nearly 1,800 barrels of oil a day. A third adjacent well brought the three-well production to …
