As lithium development moves ahead in southern Arkansas, site of the Smackover Formation, it is also progressing in New Mexico. That’s where Canadian Company, Lancaster Resources Inc. has submitted applications to the State of New Mexico Energy, Mines, and Natural Resources Department (EMNRD) and Bureau of Land Management (BLM) to drill up to three …
September 2023 archive
North Dakota reaches all time high natural gas production
North Dakota, where Oklahoma-based oil and gas companies have major operations, had a new all-time high production of natural gas in July. Lynn Helms, the director of the North Dakota Department of Mineral Resources recently announced the state had production of 3,289,759 million cubic feet a day or 101,982,539 Mcf of natural gas. The …
Senator Mullin accuses Biden of climate hysteria
President Biden’s climate hysteria is a gift to Russian President Vladimir Putin. It’s what Oklahoma U.S. Sen. Markwayne Mullin says who believes the U.S. and Ukraine would be better off by restoring American energy independence and at the same time increasing exports to other countries. “Biden’s emotional tugs of climate hysteria have emboldened our …
Hail leaves home solar units destroyed in Austin, Texas
One of the risks of solar power is mother nature, i.e. hail. Just ask residents of Austin, Texas who learned the hard way when a thunderstorm dropped hail the size of golf balls last weekend. KVUE TV in Austin reported the hail shattered rooftop solar panels on homes. “We got them because we thought …
Headlines
** Besides subsidizing the electric vehicle (EV) industry with a staggering $15.5 billion, the Biden administration is investing an additional $100 million in federal funding to prioritize the repair and replacement of EV charging stations throughout the U.S. ** President Biden on Wednesday approved an emergency declaration for the state of Louisiana after Gulf of Mexico saltwater entered the drinking water …
$150 dollar ahead? One OKC oil executive says it’s coming
With U.S. oil prices teasing the $94 a barrel level, there’s growing speculation that prices could easily top $100 and maybe even $150. Who’s making such a prediction? Doug Lawler, Chief Executive Officer of Continental Resources, the company founded by Harold Hamm. Lawler made his prediction in a recent interview with Bloomberg TV and said …
Crude oil gains 3% and U.S. prices are closer to $94 a barrel
Not only did crude oil prices make a 3% gain in Wednesday’s trading, largely because of the steep drop in U.S. crude stocks such as those at the Cushing Hub, but Oklahoma energy stocks soared 4% and 5%. U.S. crude prices rose to nearly $94 a barrel, no doubt generating speculation of just how …
Crude stocks at Cushing Hub and across the U.S. fall again
There is a reason crude oil prices rose by 3% in Wednesday’s trading and you have to look no further than its storage in Cushing, Oklahoma and other major sites. Crude oil stocks across the U.S., including at the Cushing Hub in Oklahoma, took another drop over the past few weeks, reported the federal …
New phone numbers for agency’s Oil and Gas Division offices
There’s a reason why some callers to some of the Oklahoma Corporation Commission’s offices are getting a squealing noise followed by “I’m sorry, the number you are calling is no longer in use.” The Commission announced this week that two of the Oil and Gas Division’s district offices have changed their phone numbers, and …