While crude oil prices fell Thursday after Angola announced plans to exit OPEC, Oklahoma energy stocks experienced gains of up to 4%. Angola’s move raised questions about OPEC’s abilities to impact prices by limiting its production supplies around the globe. As a result, West Texas Intermediate crude fell 33 cents to settle at $73.89 a …
December 21, 2023 archive
Corporation Commission works to make sure agency i-phones are subject to Public Records law
As he raised questions about the use of private I-phones and cell phones by employees of the Corporation Commission, Oklahoma regulator Bob Anthony got a surprise. During Thursday’s meeting, he was informed the agency has 350 business cell phones used by its employees. “I wouldn’t have guessed we had 350 phones,” said Anthony. “I …
Oklahoma sees rig growth while US count falls
The number of active oil and gas rigs in Oklahoma increased in the past week, according to the Baker Hughes Co. rig count released Thursday. Oklahoma’s count gained two to 44 rigs, still far below the 68 active rigs reported one year ago. Nationally, the count dropped three to 620. Baker Hughes reported there …
OPEA drops federal claims in lawsuit over energy discrimination act
A month after the Oklahoma Public Employees Association filed suit against State Treasurer Todd Russ for his enforcement of the state’s Energy Discrimination Elimination Act of 2022, the group withdrew efforts to transfer the case from state court to federal court. No explanation was offered and the announcement of the withdrawal came from the …
First day of Winter brings rain to Oklahoma
Oklahoma Climatologist Gary McManus admits it…his forecast was off slightly. But he still predicts rain. Maybe lots of it…and still snow in the Panhandle and northwest Oklahoma on Christmas Eve. That’s the radar snap he sent Thursday morning showing rain in western Oklahoma. And the seven-day forecast looks even more productive for rain in …
Water events to be emphasized in 2024
From the Oklahoma Water Resources Center at Oklahoma State University, here is a list of upcoming events focused of course, on water. January 18: Water You Talking About? Monthly Water Seminar January 19: Wichita and Affiliated Tribes Oklahoma Well Owners Network Event January 30: Oklahoma Master Irrigator Program February 5-7: NIWR 2024 Annual Conference February 6, 13, 20: Oklahoma …
Figures show how much less oil is in storage in US
Petroleum figures released this week by the government reflect the impact of the Biden administration’s anti-oil effort since he took office, both across the nation and in the Cushing Hub in northern Oklahoma. Total petroleum storage, according to the U.S. Energy Information Administration, is down nearly 22% compared to two years ago. As of …
How to find the Attorney General’s winter storm Uri tipline
As we reported earlier in the week, the public now has an opportunity to offer any tips about alleged market manipulation that occurred during the Winter Storm Uri in 2021. Attorney General Gentner Drummond announced the creation of a “Winter Storm Uri Tipline.” The tipline doesn’t jump out on the Attorney General’s website (oag.ok.gov), …
Hybrid cars selling at a fast pace across the US
The sale of electric vehicles in the U.S. haven’t gone over as well as the Biden administration wanted but as a result, the sale of hybrids jumped dramatically in the past year. It shows Americans want a combination of fossil fuel and electric power in their vehicles. A report from Edmunds.com showed that so …
Another Solyndra-type failure in California?
Are we about to see the failure of another green energy company after it received millions of dollars from the Biden administration? It appears so and is happening in northern California where SunPower, a firm dedicated to energy storage and solar power is about to go broke. But only after it received more than …
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