The U.S. Energy Information Administration (EIA) expects solar electric generation will account for 7% of total U.S. electricity generation in 2025, up from 4% in 2023, according to its January Short-Term Energy Outlook (STEO). Developers have reported that almost 80 gigawatts of solar power will come online over the next two years, increasing U.S. solar generating …
The fourth quarter earnings report by Vital Energy will be released next month, according to an announcement by the Tulsa company. It intends to release the fourth-quarter and full-year 2023 financial and operating results after the close of markets on Wednesday, February 21, 2024. The firm will hold a conference call the next day at …
Bloomberg reports that BlackRock Inc., while being banned from Texas public pension plans because it discriminates against the oil and gas industry, is still investing in oil and gas companies, including some in Texas. This week, OK Energy Today reported an SEC filing by Vital Energy Inc. of Tulsa showed BlackRock was a nearly …
If we thought Tuesday morning brought some cold weather to the state, we’re being warned that even “colder” weather is on its way this weekend. Oklahoma Climatologist Gary McManus said the extreme temperatures won’t be as severe as what we experienced in February 2021 when Winter Storm Uri pounded the state. “No, it doesn’t …
The Oklahoma Transportation Department task force plan to tax drivers for the miles driven on state roads drew one opponent this week in the state legislature. Rep. Tom Gann, R-Inola, has filed what he called “a pivotal bill aimed at safeguarding Oklahomans’ freedom and privacy.” House Bill 2970 comes in response to what Gann termed …
Crude oil prices gained about 2% in Tuesday’s trading while Oklahoma energy stocks suffered losses for the day. The Middle East crisis and a Libyan supply outage led to some of the gains for the day. US benchmark, West Texas Intermediate dropped $1.47 or 2.1% to finish at $72.24 a barrel on the New York …
Southern Arkansas’ Smackover formation, site of ongoing lithium development by a handful of companies, apparently is richer in the EV battery mineral than thought for one of the firms. TETRA Technologies, Inc., headquartered near Houston, Texas announced the recent completion of a Technical Resources Study for its 6,138 acre “Evergreen Brine Unit” in Arkansas. …
Nearly 200 farmers, ranchers and landowners defied winter weather this week to gather at the state Capitol in South Dakota to protest what might happen to their rights and land because of a proposed carbon dioxide pipeline. They demanded greater property rights protection and local control. “Let’s keep the local control in the hands …
The large solar system heavily damaged by a hail storm last June near Scottsbluff, damage that received national attention, is reported to be back online. The Nebraska Public Power District recently announced that t he facility has been repaired, re-commissioned and back in operation. “The storm that rolled through the Scottsbluff area in June …
The efforts of the OERB and “Dirty Jobs” TV host Mike Rowe apparently are working in convincing young Oklahomans to try a career in jobs where they get their hands dirty. This week, the director of the state’s Career-Tech system asked Oklahoma legislators to fund a 26% increase in funding for the approaching fiscal …
