February 2024 archive

ROFR, PBR, cash and the Oklahoma Legislature

  It is a big day at the Oklahoma State Capitol. The Oklahoma Legislature returns to session and depending on your viewpoint of legislators, can be a circus or a scary time for voters. We’ll be paying attention to how much focus on energy the Governor gives in his annual State of the State Address …

Continue reading »

Regulators direct shutdown of disposal wells near 5.1 magnitude earthquake site

    The Oklahoma Corporation Commission took action on Saturday regarding oil and gas operations that may have played a role in the Friday earthquake that measure 5.1 magnitude and was felt in four other states. The epicenter was several miles northwest of Prague and at a depth of about 1.8 miles below the surface. …

Continue reading »

Geologist maintains climate change is hurt Tulsa flood levee system

  Bob Jackman, an independent geologist and close follower of water and how it can help Oklahoma and also hurt the state believes the 84-year old levee system developed to protect the city of Tulsa is “worthless.” In an opinion piece for the Tulsa World, Jackman pointed out how the U.S. Army Corps of Engineers, …

Continue reading »

Coal and natural gas still kept Texas grid operating in recent cold weather

  While renewable energy fans raved about how wind and solar farms produced electricity during the recent frigid weather that hit Texas, it was still coal and natural gas that remained strong fuels for the electricity to keep homes warm—-and from the state’s energy grid doing a repeat of the 2021 Winter Storm Uri. It’s …

Continue reading »

Steel workers in SE Colorado temporarily laid off

  About 250 steel workers laid off last month at the Evraz Rocky Mountain Steel Mill in Pueblo, Colorado are expected back on the job in a few weeks. Eric Ludwig, president of the United Steelworkers Local 2012, told the Pueblo Chieftain explained they were temporary layoffs and all let go in January should be …

Continue reading »

Oklahoma’s oil and gas revenues aren’t improving

  Oklahoma’s tax revenue for January rose nearly 8%, but State Treasurer Todd Russ says unfortunately, gross production tax revenue from oil and gas in the state fell more than 12%. All tax sources total $1.51 billion for January, up $107 million, or 7.6 percent, when comparing to January of last year. Revenue from the …

Continue reading »

Increasing gasoline prices return to Oklahoma

  Yes, gasoline prices are edging back up. AAA Oklahoma reported going into the weekend how prices rose in the state and across the country. The national average for a gallon of gas rose by a nickel since last week to $3.15. The upward trend is likely a combination of oil costs edging into the …

Continue reading »

US boosts oil production while rig activity slipped in past week

  While the U.S. has become the largest producer of crude oil in the world, the number of drilling rigs dropped by two in the past week to settle to 619 according to the latest Baker Hughes Co. report released on Friday. The number of oil drilling rigs was unchanged at 499 while the number …

Continue reading »

Alliance is formalized between Rose State College and Tinker Air Force Base

 Rose State College and The Oklahoma City Air Logistics Complex (OC-ALC) at Tinker Air Force Base (AFB) have formalized a strategic alliance to advance STEM education and enhance additive manufacturing instruction. This partnership was recently celebrated with a donation from the Tinker REACT Lab and a ceremonial signing. The Tinker REACT Lab donated a cutting-edge 3D …

Continue reading »

Newspaper urges funding for OKC’s Air Traffic Control Academy

  Words of caution about the FAA farming out its training of air traffic controllers They came recently from the Enid News & Eagle which came out in support of full congressional funding for the training academy in Oklahoma City. Here’s how the newspaper put it: Oklahoma has a tradition of producing well-trained air traffic …

Continue reading »