August 23, 2023 archive

Permits to drill for August 23, 2023

permits: none were processed today

Completion reports for August 23, 2023

completions: none were processed today

Wichita city leaders come out against Evergy’s rate hike plan

  Wichita, Kansas City Council members took a firm stand this week against a proposed rate hike by the state’s major utility, Evergy. A resolution opposing the rate hike was read Tuesday by Mayor Brandon Whipple as he detailed how the increase in electricity rates would strain the city, its residents and businesses. The Kansas …

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Wednesday brought a dip in crude oil prices and Oklahoma energy stocks

Crude oil prices and Oklahoma energy stocks fell on Wednesday. Crude dropped 1% due to a build in U.S. gasoline stocks and weak manufacturing data globally. West Texas Intermediate crude dropped 75 cents or 0.9% to $78.89 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude fell 82 cents or 0.98% to …

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Rep. Bice—Bidenomics isn’t working

  Extreme gas prices and skyrocketing inflation. It’s why Oklahoma congresswoman Stephanie Bice states bluntly, “Bidenomics isn’t working.” In her weekly column, the Republican Representative said because of how poorly the economy is performing under President Biden, it’s critcal for Senate Democrats and the President to act on the House-approved “Lower the Energy Costs Act.” …

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Another major drop in crude stocks at Cushing Hub

  The Cushing hub in Oklahoma recorded a more than 3 million barrel drop in crude oil stocks in the past week while the U.S. did the same with a 6-million barrel decline. The U.S. Energy Information Administration reported Cushing’s crude oil stocks fell from 33.8 million barrels on August 11 to 30.7 million barrels …

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Millions granted for clean hydrogen studies across the nation

  The U.S. Energy Department awards more than $15 million to clean hydrogen production, storage and transport research projects in Western states. None of the funding is for any hydrogen studies in Oklahoma but millions were handed out to projects underway in Texas, Wyoming, Colorado, North Dakota and other states. Click here for press release

BLM offers 6,200 acres of public land for lease in Northwest Kansas and New Mexico

Public land in northwest Kansas and in New Mexico’s Permian Basin region are set to be auctioed by federal land managers early next year. The Bureau of Land Management announced the proposed leasing of the 27 parcels on 6,282 acres in Cheyenne County, Kansas and Eddy, Lea and Chaves Counties in New Mexico. Cheyenne County, …

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Six week long hearing by Iowa regulators is underway involving carbon dioxide pipeline

  Anyone who thought a three-day hearing last spring before an Oklahoma Corporation Commission Administrative Law Judge was a long time should think again. Iowa regulators have started a hearing into a carbon dioxide pipeline project that could last six weeks! Maybe longer. The hearing began Tuesday to determine if Summit Carbon Solutions should get …

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Court halts Grainbelt Express Transmission Line project in Illinois

  An explanation and correction about our story last week regarding an Illinois court ruling that halted construction of the Grainbelt Express Transmission Line in Illinois. The5th Appellate Court of Illinois issued a recent ruling that said the Grain Belt Express Transmission Line cannot move forward in Illinois. Phase 1 construction of the project that …

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