Colorado, a state that likes to pride itself on being green and fully supportive of the Biden administration’s green energy push, might need a talk with the people who buy electric vehicles. Dig deeper. In the first quarter of the year, EV sales lost power, despite lucrative rebates. The Colorado Auto Dealers Association reports …
** Crews continued to evaluate on Tuesday a controlled explosion aiming to dislodge the cargo ship Dali from the collapsed Francis Scott Key Bridge in Baltimore. The Dali has been stuck in Baltimore for 50 days after losing power and ramming into a column of the Francis Scott Key Bridge, causing the structure to collapse. ** Utility …
ERCOT, the power grid operator in Texas warned customers they could face a potential electricity emergency this weekend. According to the alert issued by the Electric Reliability Council of Texas, the grid might reach emergency conditions by Friday night and continuing through Saturday evening. Supplies of electricity are expected to be tightest Friday evening. …
Crude oil prices rebounded on Wednesday by nearly 1% and Oklahoma energy stocks recorded gains for the day. Crude oil’s gain was from a two-month low and came about because of crude storage data and an International Energy Agency forecast for weaker global oil demand growth. West Texas Intermediate crude went up 61 cents …
The State Health Department issued an air quality alert on Wednesday, indicating there were “unhealthy” air conditions for sensitive groups. The advisory applied to 5 counties in south central Oklahoma and along I-35. It was the second such alert issued this week by the Department of Environmental Quality. The DEQ urged people with respiratory …
Attorney General Gentner Drummond and OG&E are partnering to warn Oklahomans about scams involving solar energy equipment and services. Drummond encouraged Oklahomans to remain vigilant in protecting themselves against phone scams. “Fraudsters are always finding new ways to separate unsuspecting individuals from their money, and this latest phone scam is no exception,” he said. “Oklahomans should …
The Oklahoma Corporation Commission’s (OCC) Director of Administration Brandy Wreath accepted the Land Restoration Partnership Award from the Oklahoma Energy Resources Board (OERB) during its inaugural Impact Awards banquet, held Tuesday, May 14, 2024. Wreath attended the event on behalf of the OCC’s Oil and Gas Conservation Division (OGCD) which was recognized by OERB for the division’s efforts to identify and inform the uniquely Oklahoma program of land restoration opportunities. In a small gathering …
Crude stocks across the U.S. and at Oklahoma’s Cushing Hub declined last week, according to a new report from the U.S. Energy Information Administration. The nation saw a drop of 1.5 million barrels of crude oil from 459.5 million as of May 3 to 457 million barrels on May 10. There had been a …
Tulsa’s Empire Petroleum company says it expects to see increased oil production in 2024 largely because of its extensive drilling efforts in North Dakota’s Williston Basin and the Permian Basin in New Mexico and Texas. In a first quarter report issued this week, the firm reported its average daily oil sales volumes grew by …
Oklahoma Treasurer Todd Russ reported the April gross production tax for Oklahoma saw a nearly 10% gain from March. He indicated the GPT totaled $90.7 million in revenues for April. It represented an overall increase for the month of $8 million or 9.6%. The Treasurer attributed the gain to increased crude oil …
