September 2023 archive

Note from the editor

  An explanation is due as to the absence of the Permits to Drill and Completion Reports that have been a long-time standard here at OK Energy Today. We are experiencing problems in the daily supply of the reports and at the same time, working to resolve the situation. The reports have not been available …

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Water board prepares for another round of meetings to develop water plan

  The Oklahoma Water Resources Board is preparing for a second round of public meetings in December as it works on development of a statewide comprehensive water plan. A series of in-person meetings was held in August in Altus, Ada, Claremore, Woodward and Oklahoma City along with two virtual meetings, with local officials and water-minded citizens …

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Another sale of oil from the US reserve isn’t out of the question

  Oklahoma’s U.S. Senators and Representatives who heavily criticized President Biden for his use of the Strategic Petroleum Reserve to bring down gasoline prices might be preparing new critical statements after a New York Post story this week. The Post’s Miranda Devine, the same reporter who broke the Hunter Biden laptop story that became a …

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The role of oil and gas in US economic security—Peter Zeihan

For those who believe the oil and gas industry is doomed, geopolitical observer and author Peter Zeihan says not so fast. In a podcast this week, the world traveler took a look at the processing needs of the U.S. and how the role of the oil and gas industry is important. “The US is already …

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Norman homeowners dealt a setback in their fight against new turnpike

  The hundreds of Norman homeowners protesting the Oklahoma Turnpike Authority’s proposed new turnpike that would mean the destruction of their homes suffered another setback this week. A major one. Maybe even demoralizing. The Oklahoma Council of Bond Oversight voted to approve the Turnpike Authority’s $500,000,000 bond application for the controversial ACCESS Oklahoma project. The vote …

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Wind power mystery puzzles Southwest Power Pool leaders

  Technicians at the Southwest Power Pool, the electricity power grid of which Oklahoma is a member, admit they faced a renewable energy mystery a few months ago. And it remains an unsolved puzzle. It was in June when the Power Pool’s energy production from wind nearly stalled totally. The entire wind production from the …

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ONE Gas to sell nearly $89 million in shares

  ONE Gas, Inc. announced that it plans to make a public offering of 1,200,000 shares of its common stock worth nearly $89 million. As part of the offering, ONE Gas has granted to the underwriter an option to purchase up to 180,000 additional shares of ONE Gas’ common stock. ONE Gas intends to enter …

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More federal funds for Oklahoma Broadband Office

Oklahoma is getting another $168 million in federal funding for the expansion of rural broadband service, bringing its total to $948 million in federal funds since t he creation of the Oklahoma Broadband Office. Executive Director Mike Sanders announced this week the state had been allocated $167.7 million in additional federal grant funds for high-speed …

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Chinese company to build $200 million solar plant in Texas

    Chinese solar giant, Trina Solar Co. plans to build a $200 million manufacturing plant in Texas and the announcement comes just weeks after the U.S.. accused the panel supplier of bypassing tariffs. Production is set to begin in 2024 as the plant will produce about 5 gigawatts of panels a year. Trina is …

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Quick energy stories

** Stellantis NV, the owner of Jeep and Chrysler, reached a partial agreement with the United Auto Workers union on Monday as a strike deadline looms that could cost the auto industry more than $1 billion. ** The South Dakota Public Utilities Commission rejected a permit application Monday for a proposed carbon dioxide pipeline through the …

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