October 2023 archive

Falling Mississippi water levels create minor challenge for Oklahoma’s barge traffic

  Low levels on the Mississippi River are again disrupting U.S. grain shipments, but so far there aren’t major challenges up and down Oklahoma’s McClellan-Kerr Navigation System that feeds into the Mighty Mississippi. “The low water on the Mississippi River has only affected us at Montgomery Point,” answered Sheila Shook, Director of Workforce and Education …

Continue reading »

Audit raises questions about spending practices of former Secretary of State Brian Bingman

When Brian Bingman recently resigned as Oklahoma Secretary of State to make a run in the coming year for the Oklahoma Corporation Commission, it was amidst a state audit. And now that audit has caught up with him. Whether the accusations will damage Bingman’s campaign to be a state regulator isn’t clear. Voters will have …

Continue reading »

Farmers remain unhappy with Midship pipeline construction damage

  Nearly 3 years after taking their complaints of the Midship Pipeline construction to the Federal Energy Regulatory Commission, some Oklahoma farmers remain dissatisfied. They complained about the damage to their land when the $1 billion, nearly 200-mile line was constructed in 2019. It was built by Cheniere Energy and EIG Global Energy Partners, a …

Continue reading »

Water meetings planned by Oklahoma Water Resources Board

The Oklahoma Water Resources Board plans a second in a series of stakeholder input meetings across the state. It’s part of the 2025 update of Oklahoma’s Comprehensive Water Plan. Meetings are tentatively scheduled from 1:00–4:00 pm.  The board said anyone may attend, but it is especially asking for participation from local officials, water utility suppliers, …

Continue reading »

Oil flows again in Keystone pipeline to Cushing Hub

  As if the Cushing Hub in Oklahoma didn’t already have supply problems, crude oil from Canada that flows through the Keystone pipeline was stalled this week. It only added to the dangerous levels of crude supplies at the hub. The flow was interrupted this week and the pipeline remains operational at nearly half of …

Continue reading »

Energy quick reads

** Utah made $1.4 billion in royalty revenue from gas and oil production on public lands over the last decade. But a nonpartisan watchdog group reports that taxpayers missed out on millions because of the below-market royalty rate that the federal government charges oil and gas companies while also footing the bill for cleaning up …

Continue reading »

Storms leave thousands without power in Oklahoma

  A strong series of thunderstorms, caused by the arrival of a cold front, brought 90 mile an hour destructive winds in southwest Oklahoma and left thousands of customers without electrical power. One building was reported to have been destroyed by strong winds in Frederick in the southwest part of the state. Oklahoma Gas and …

Continue reading »

Crude oil prices hit with 5% drop and OK energy stocks fell too

  Crude oil prices plunged by more than $5 in Wednesday’s trading and most Oklahoma energy stocks followed suit with one energy company recording an 8% tumble in the value of its shares. What prompted the big drop in crude? Fuel demand destruction along with a bleaker economic picture. At least, that’s what the experts …

Continue reading »

Cushing Hub in dangerous crude oil storage territory

  Crude oil stocks at Oklahoma’s Cushing Hub remained in dangerous territory or close to the minimum operating level, according to the latest petroleum storage update from the federal government. The U.S. Energy Information Administration reported that in the past week, Cushing managed an increase of 100,000 barrels of oil, creeping up from the 22 …

Continue reading »

Helicopter flyovers result in $700,000 in EPA fines for firms in New Mexico’s San Juan Basin

  Three energy firms operating in New Mexico’s San Juan Basin have been hit with nearly $700,000 in penalties from the EPA for air quality violations discovered through helicopter flyovers. The firms were Logos Operating, LLC, DJR Operating, LLC and Enduring Resources, LLC. They not only have to pay the civil penalties but also carry …

Continue reading »