The Biden administration once again is reaching deeper into the pockets of taxpayers to fund billions of dollars in tax credits to hydrogen producers. Details of the plan were laid out Friday as the government wants to get behind a big push to build the industry as a cleaner alternative to fossil fueled power. …
December 25, 2023 archive
Quick energy reads
** The West Texas Intermediate (WTI) crude oil price is once again nearing the $75 per barrel threshold and is expected to stay robust into the coming year. Specifically, the U.S. Energy Information Administration (“EIA”) anticipates a WTI oil price of $78.07 per barrel in 2024, slightly surpassing its projected figure of $77.63 for the …
OKC offers Christmas tree disposal
If you’re one of those who tears down your Christmas tree only a day or two after Christmas day, Oklahoma City is once again offering to turn it into free mulch. OKC residents can drop off natural Christmas trees for OKC Parks to mulch from Dec. 26 through Jan. 15. Of course, remember to remove …
Federal investigators blame KMCO for fatal explosion in 2019
Nearly three and a half years after a fatal explosion and fire at the KMCO production plant in Crosby, Texas, government investigators put the blame on the company. The firm is no longer in business. Neither is the plant. The US Chemical Safety and Hazard Investigation Board released its report into the April 2, 2019 …
Energy producers want OERB open records
Oklahoma’s group of vertical oil and gas drillers have a transparency beef with the Oklahoma Energy Resources Board over its budget processes and how the agency conducts various programs under a series of cole-source contracts. The Oklahoma Energy Producers Alliance, headquartered in Ada, filed an Open Records request to the OERB to learn more …
Vital Energy makes $55 million in more acquisitions in Permian Basin
Tulsa’s Vital Energy Inc. is expanding its Permian Basin holdings with a $55 million acquisition of additional working interests from Permian Basin operator Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC. It’s part of the independent company’s goal of increasing the acquisition, exploration and development of oil and natural gas properties in …
Judge orders removal of wind towers on Osage Nation land
A Tulsa federal judge came down hard on Enel energy, ordering the company to remove dozens of wind towers it installed on Osage Nation land in northeast Oklahoma. The order came in a lawsuit brought by the Osage Nation which controls virtually the entire county when it comes to energy projects. The suit was …
$1 million fine over hydrogen scam
(Victor J. Blue photo/Bloomberg via Getty Images) A Wyoming man has been sentenced to four years in prison and fined $1 million over a scam of claiming to have developed a “really incredible” hydrogen-powered truck to get people to invest. A federal judge in New York ordered Trevor Milton, 41, to prison after a …
New House Utilities Committee leader named
Okeene State Rep. Mike Dobrinski has been named Chairman of the House Utilities Committee. House Speaker Charles McCall made the announcement of Dobrinski’s appointment as well as that of Lawton Rep. Trey Caldwell to be Vice Chair of the House Appropriations and Budget Committee. “Rep. Caldwell and Rep. Dobrinski are important leaders both in …