September 14, 2023 archive

Completion reports for September 14, 2023

completions: none were processed today

Permits to drill for September 14, 2023

permits: none were processed today

US crude oil finished above $90 on Thursday sparking inflation worries

U.S. crude prices settled higher than $90 a barrel on Thursday, setting off inflation worries and concerns it might lead to another hike in interest rates by the Federal Reserve. At the same time, Oklahoma energy stocks recorded mostly gains for the day. Rising oil costs mean higher gasoline prices and fuel supplies and last …

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Corporation Commissioners warned of impact from declining oil and gas tax collections

    A significant drop in gross production tax collections on Oklahoma’s oil and gas wells could have a major impact on the state’s well plugging activities. It’s the caution given Oklahoma Corporation Commissioners Thursday by the agency’s Chief Financial Officer Holly George. “Gross production tax, in July and August,both had significant drops. And by …

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Oil leader calls for statewide tax on wind and solar energy production

  The head of the Petroleum Alliance of Oklahoma says if the state is thinking about an increase in its gross production tax on oil and gas, then it’s time for a statewide tax on wind and solar energy production. Brook A. Simmons, President of the Alliance responded to Senate President Pro tempore Greg Treat’s …

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Colorado launches broadband expansion effort

Facebook Twitter Email Print Copy article link Save Just as Oklahoma relaunched its effort this week to find internet service providers for the state’s expansion of rural broadband service, Colorado took its first step to use more than $826 million for the same kind of effort. Colorado received $826.5 million in funding as part of …

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National wildlife refuge in Kansas hit by oil spill

  A spill of more than 2,000 barrels of “produced” water from oil production has spread into the Quivira National Wildlife Refuge in central Kansas. The spill was discovered Tuesday afternoon by the U.S. Fish and Wildlife Service which manages the refuge that is located east of Great Bend. The spill came from oil production …

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Lawsuits filed in Kansas over 2021 Winter storm natural gas prices

  The Winter Storm Uri of 2021 and its disastrous impact on natural gas customers in Oklahoma and other states led this week to the filing of two class action lawsuits in Kansas. Named as defendants are some well known companies,some of which have been sued in similar claims. BP Energy, the same firm that …

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Electricity inflation keeps growing

  A coalition created for increased competition in the nation’s electricity transmission infrastrucutre says the latest inflation numbers show electricity price inflation continues hurting households and businesses. The Electricity Transmission Competition Coaltion points to inflation data released by the U.S. Bureau of Labor Statistics which showed the August CPI measured monthly electricity services inflation at …

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Oklahoma Broadband relaunches internet service funding program

The Oklahoma Broadband Office has formally relaunched its effort to name internet service providers to compete for $374 million in an expansion of service to rural custsomers in the state. The money is from the ARPA State and Local Fiscal Recovery Funds. The Office released a Notice of Funding Opportunity this week, meaming that starting …

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