Marathon Petroleum shut down its refinery in Garyville, Louisiana after a large fire erupted at a storage tank on Friday. Businesses and homes within a two-mile radius were evacuated but within a few hours, the fire was under control with no injuries reported. A statement by the St. John the Baptist Parish indicated the …
August 25, 2023 archive
Crude and Oklahoma energy stocks recorded gains on Friday
Friday brought a 1% gain for crude oil futures and Oklahoma energy stocks saw increases too. US diesel prices soared while the number of oil rigs dropped nationally while a fire broke out at a Louisiana refinery. US benchmark West Texas Intermediate finished up 78 cents or 1% to $79.83 a barrel on the New …
Oklahoma Drought Commission adds members
The Oklahoma Emergency Drought Commission voted recently to reinstate Pond Clean Out Cost-Share participants whose applications were canceled due to not having their projects completed by the July 15th deadline. The Commission also tasked the Oklahoma Conservation Commission with gathering how many applicants will be reinstated, as well as questions and concerns from the local …
Energy news headlines
** An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale. The suit is the latest dispute between the oil and gas industry and …
Rig counts continue their fall across the nation
More oil and gas rigs in the U.S. were put into storage as the nation saw a continued decline in drilling activity. While the U.S Count dropped 10 to 632, Oklahoma saw a slight gain in its numbers of rigs, reported Baker Hughes. The state’s rig count increased by one to 39, compared …
Stagnation reported on energy efficiency programs of nation’s utilities
A new study of the efforts of electricity utilities to help customers reduce energy consumption along with their monthly bills found they have “stagnated.” Oklahoma Gas and Electric ranked in the middle of the study by the American Council for an Energy-Efficient Economy. It was 25 in the study that found there was a …
ACOG launches study for Air Quality Plan around Oklahoma City
The Association of Central Oklahoma Governments (ACOG) has competitively procured Reagan Smith and MHT Consulting to develop a Regional Air Quality Plan. With this plan, ACOG seeks to better understand our current air quality status and sources of emissions, what other regions are doing to improve air quality, private sector emissions reduction strategies, transportation …
Renewable power forces Wyoming utility to request 30% rate hike
Oklahomans have faced their share of electricity rate hikes in the past several years, but nothing like the ones faced by Wyoming customers—-30%. The fight is focusing on renewable power costs. It’s the hike requested by Rocky Mountain Power and this week, Wyoming customers came out in force during a hearing held by the …
OKC to carry out EPA inspection of 8,500 water lines
The Oklahoma City Utilities Department has launched a pilot study to inspect and inventory 8,500 public and private water service lines. The initiative is being carried out in accordance with the Environmental Protection Agency’s (EPA) requirement for all water systems to create an inventory identifying service lines by material type. The pilot study aims …
US LNG exports top all other countries so far this year
The U.S. exported more liquefied natural gas (LNG) than any other LNG-exporting country in the first six months of 2023, according to data from CEDIGAZ. U.S. LNG exports averaged 11.6 billion cubic feet per day (Bcf/d) during this period, 4% (0.5 Bcf/d) higher than the first half of last year and 9.5% (1.0 Bcf/d) higher …
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