Crude oil prices remained mostly flat in Tuesday’s trading as investors carefully eyed what might happen next following Iran’s attack on Israel over the weekend. West Texas Intermediate crude for May delivery finished 5 cents lower or 0.06% at $85.36 per barrel on the New York Mercantile Exchange. Global benchmark Brent crude dropped 8 cents …
April 16, 2024 archive
Mooreland firefighter still hospitalized after early April wildfire in northwest Oklahoma
A volunteer firefighter badly burned in an April 6 wildfire near Sharon in northwest Oklahoma remains hospitalized in Oklahoma City’s Integris Baptist Burn Center. The Enid News and Eagle reports Jared Brittain, a firefighter for the Mooreland fire department is undergoing care for his burns. He and another firefighter were caught in the …
Senator Mullin presses Air Force Secretary over delays of new AWACS for Tinker Air Force Base
Just days after he and Senate Armed Services Committee chairman Sen. Jack Reed of Rhode Island toured Tinker Air Force base, Oklahoma U.S. Sen. Markwayne Mullin pressured Air Force leaders about the status of delivery of new AWACS E-7 aircraft to replace the aging E-3 planes. It came during a Tuesday hearing of …
Dozens of Texas cities have reported high levels of ‘forever chemicals’ in their drinking water
While Oklahoma City announced this week its testing of drinking water showed no major levels of the existence of forever chemicals, it’s a different story for 49 towns and cities in Texas. The Texas Tribune reports those 49 communities reported surpassing the EPA’s first-ever limits for five “forever chemicals” in drinking water. The …
OGE honors its linemen during National Lineman Appreciation Day
Thursday is National Lineman Appreciation Day and the 300 lineworkers at Oklahoma Gas and Electric are being honored for their work in servicing power lines across Oklahoma and Arkansas. In announcing its observation of the day, OG&E stated that oftentimes, crews repair power lines damaged by severe weather, leaving their families at home so …
Oklahoma reports drop in gross production tax revenue from oil and gas
Oklahoma Treasurer Todd Russ reported the state’s revenue from its gross production tax on oil and gas continues to show a lower trend. Figures released in his March 2024 Economic report showed a more than 12% drop in oil and gas gross production tax revenue from February to March. The total revenue was $82.7 …
Carbon credits to fight methane leaks in abandoned wells?
The director of a group fighting methane emissions from the oil and gas industry maintains carbon credits can be valuable in solving the problem of methane-emitting orphaned wells in the country. It’s the opinion of Maris Densmore, director of American Carbon Registry’s Industrial Program. Writing in a recent opinion piece in The Oklahoman, …
State’s Broadband Council to meet Wednesday
An update on the more than $1 billion in funding for expansion of Oklahoma’s broadband system will be given this week at a meeting of the Oklahoma Broadband Expansion Council. The council will meet Wednesday, April 17 at 10 a.m. in the conference room, suite 105 at the Harvey Parkway Building, 301 NW 63 …
Oklahoma Representatives help with overwhelming approval of sanctions on China for buying oil from Iran
All five Oklahomans in the House voted with the majority Monday in approval of legislation to sanction China’s purchase of oil from Iran, a move seen as more response to Iran’s attack on Israel. The bill, H.R. 5923, Iran-China Energy Sanctions Act of 2023, was approved on a 383-11 vote as Oklahoma Reps. …
Energy quick reads
** Gasoline prices are expected to rise over the next few days — but not necessarily because of turmoil in the Middle East. Over the next day or so, states in the Northeast and mid-Atlantic are expected to switch to more expensive gasoline blends for the summer, leading to higher prices at the pump. ** The Biden administration on Monday …
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