Crude oil prices rose again on Wednesday but Oklahoma energy stocks recorded losses for the day. Oil rose as traders remained nervous over further draws on U.S. crude oil inventory. West Texas Intermediate crude gained 85 cents to finish at $87.54 on the New York Mercantile Exchange. Brent crude, the global benchmark, rose 56 cents …
September 6, 2023 archive
Crews made quick work in restoring electric power following Tuesday storms
Strong thunderstorms that knocked down power lines and damaged some buildings Tuesday evening left more than 6,700 electric customers without power as of Wednesday morning. The affected areas were from Davis in the south to Oklahoma City and up to Jay in the northeast. By the afternoon, the outages were down to more than …
Standard Lithium expects production in 3 years in Arkansas
Canada’s Standard Lithium Ltd. released positive results this week from a feasibility study that will allow the company to move ahead with a $365 million battery-grade lithium plant outside El Dorado, Arkansas. The Vancouver-based company has been producing battery-quality lithium carbonate at a demonstration facility at the Lanxess South plant near El Dorado for three …
Wednesday’s Oklahoma weather was cooler but resulted in an air quality advisory
The weather might have been cooler Wednesday in Oklahoma, but it also brought increased potentially dangerous air conditions in the northern part of the state. The Department of Environmental Qualilty issued an air quality health advisory covering 29 counties stretching from Beaver in the Panhandle eastward to Bartlesville, Tulsa and Miami. The only clean …
$1 billion Permian Basin acquisition announced by Viper Energy Partners
A nearly $1 billion deal in the Permian Basin means a major expansion for Viper Energy of Midland, Texas. Viper is a subsidiary of Diamondback Energy and is acquiring leased land and other assets from Warwick Capital Partners and GRP Energy. The land is located in both the western Delaware and eastern Midland sub-basins. …
Lankford accuses Biden administration of allowing Iranian tanker to offload oil in Gulf
Oklahoma U.S. Sen. James Lankford wonders why the Biden administration is allowing an Iranian tanker to offload its oil in the Gulf of Mexico. “Can the Biden Administration explain why an Iranian tanker is offloading in the Gulf of Mexico or why U.S. tax dollars are concurrently heading to Tehran?” questioned the Senator in …
New Senior VP named by ONE Gas
ONEGas, Inc. announced that Angela E. Kouplen will join ONE Gas as senior vice president and chief human resources officer, effective Sept. 29, 2023. In her role at ONE Gas, Kouplen will oversee all functions of human resources and be a part of the company’s leadership team reporting to Robert S. McAnnally, president …
Transmission turf war in Oklahoma—really?
A Tranmission war in the Oklahoma Panhandle. That’s how one blogger of energy issues, transmission policies and regulations described Oklahoma’s recent transmission line issues in the state’s Panhandle. West Virginia consumer advocate Keryn Newman took up blogging in a fight against AEP & Allegheny Energy’s PATH joint transmission line which was proposed across the …
New Mexico promotes clean car/truck rules to improve climate
The state of New Mexico plans a series of meetings to lay out new rules and regulations targeting cars and trucks to make them cleaner for the environment. The dates for the meetings on the proposed Advanced Clean Cars and Advanced Clean Truck rules were announced by the New Mexico Environment Department and the …
Opposition grows to Colorado’s planned first geothermal power plant
Interesting how Colorado, a state with ambitious goals to reduce climate warming greenhouse gas emissions and at the same time wean itself from oil and gas by 2050, doesn’t want some of the projects in its backyard. You know what they call those—NIMBYs—Not in My Backyard. The latest example is how two men who …
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