January 17, 2024 archive

Crude oil prices remained flat in Wednesday’s trading

Crude oil prices remained nearly flat in Wednesday’s trading with Brent down and WTI up a little after China had disappointing economic growth, resulting in concerns about energy demand. Plus, crude oil production in North Dakota has been cut in half because of extremely low temperatures. It also proved to be another day of losses …

Continue reading »

Copper thieves bring down radio station’s tower

  Copper thieves were so desperate to swipe the metal from a radio tower in Hugo, they cut the tires holding the tower, causing the 500-foot structure to collapse, knocking a local radio station off the air. “You’ve robbed the community of a voice. You’ve robbed the community of a way to communicate very vital …

Continue reading »

Frigid weather cut North Dakota oil production in half

Temperatures were so low this week in North Dakota—how about minus 20 for a high—that the state’s oil production was cut in half. Oil production fell between 600,000 and 650,000 barrels a day as of Tuesday, reported the North Dakota Pipeline Authority. Justin Kringstad, director of the state’s pipeline authority reported that on Wednesday, the …

Continue reading »

Space Industry Board to meet Thursday

  The Oklahoma Space Industry Development Board meets Thursday afternoon in Oklahoma City and the U.S. effort to return to the moon will be one of the issues to be discussed. One of the items to be considered is an update on the status of NASA’s Artemis project, the effort to return to the moon. …

Continue reading »

Legislator wants to ban state purchases of foreign-made drones

The growth of the use of drones has been astounding over the past decade. They’re used by oil and gas producers, land agents, ranchers and many others. Now a legislator wants to prohibit the state of Oklahoma from buying drones from covered foreign entities. Rep. Chris Banning, a Republican from Bixy filed the legislation. House …

Continue reading »

New energy firm explores more acreage opportunities in the Permian

  A Dallas oil and gas company that is not even one year old is making some headlines in the Permian Basin where it started making more acquisitions for oil production. Ellipsis U.S. Onshore, formed in June 2023, is considered a newcomer to the Delaware Basin which makes up the western part of the Permian. …

Continue reading »

Lucas committee wants answers over latest Artemis space delay

  As chairman of the House Science, Space and Technology Committee, Oklahoma Congressman Frank Lucas was eager Wednesday to learn more about why NASA’s Artemis program was delayed again. He chaired a hearing on the subject of Returning to the Moon: Keeping Artemis on Track, and showed he wanted some answers from NASA’s leadership about the …

Continue reading »

How close is ERCOT in Texas to failure over extreme weather?

  At least one energy expert maintains the electric grid in Texas, ERCOT, is under a crucial test this week because of the extreme cold and it could show how close it is to another collapse—just like it did during Winter Storm Uri in 2021. That’s the opinion of David Blackmon, a man with a …

Continue reading »

Energy quick reads

** Environmentalists are urging the White House to use an obscure legal tool to thwart TC Energy Corp.’s planned expansion of a natural gas pipeline in the Pacific Northwest that they say would stoke climate change. ** Freezing temperatures sweeping the US shut in more than half of North Dakota’s oil production and curbed refinery …

Continue reading »

OGE defends request for $332 million rate hike request

  In seeking a more than $332 million rate hike request that consumers would see rates increase by more than 13%, Oklahoma Gas and Electric maintains the biggest reason for the request is “the additional capital investment since the last rate case.” It’s the testimony of Kimber Shoop, director of regulatory affairs at OG&E. He …

Continue reading »