Crude prices in the US managed to nearly hold their own on Friday’s trading while Oklahoma energy stocks suffered losses including some with 6% and 7% drops in the values of their stocks. West Texas Intermediate crude slipped 2 cents on Friday to $75.33 a barrel on the New York Mercantile Exchange. Global benchmark …
While the average residential customer will be forced to pay another $19 a month if Oklahoma Gas and Electric wins approval of its $332 million rate hike request, it’s nothing compared to what one businessman will pay. The Oklahoman reported over the weekend that the 13.85% increase on property manager Rick Dowell’s operations …
Approval of continued expansion of Interstate 35 to six lanes in southern Oklahoma was one of the high-lights of the recent meeting of the Oklahoma Transportation Commission. The $40 million project located near Thackerville was one of many projects included in the $2.5 billion budget for the Transportation Department. The expansion to six …
Oklahoma Congressman Frank Lucas thinks it’s time the U.S. did more to promote the development of the nation’s geothermal energy. As chairman of the House Science, Space and Technology Committee, he joined Oregon Democrat, Rep. Andrea Salinas in introducing legislation to advance supercritical geothermal energy. “Oklahoma is a national leader in geothermal energy so I’m very …
Not all is right with the world for some of the shareholders of Southwestern Energy as the company prepares to merge with Oklahoma City’s Chesapakeae Energy in a more than $7 billion deal. The Houston-based company revealed in a filing with the Securities and Exchange Commission that it received “seven demand letters from purported …
Wyoming Congresswoman Harriet Hageman apparently isn’t afraid to challenge environmentalists and green energy supporters as witnessed by her latest “put your money where your mouth is” reply. In recent comments during the Wyoming Mining Association’s annual convention in Cody, Rep. Hageman said if the liberals of the country want to eliminate fossil fuels, then …
Those who believe strongly in green energy and against fossil fuels are, as the old saying goes, “between a crack and a hard place” when it comes to the discovery of a new source for lithium, the mineral used in the development of batteries for electric vehicles. The source? Wastewater from fracking. So environmentalists …
Oklahoma’s oil and gas drilling efforts suffered a big loss of four rigs over the past week as the state had only 38 rigs active in the patch, according to the latest rig information released Friday by Baker Hughes Co. The 38 active rigs compares to 44 reported in the state a year ago …
Lower bills will greet western Kansas electricity customers after the Federal Energy Regulatory Commission was caught not enforcing its own rules regarding transmission costs from wind farms in the state. FERC recently decided, under pressure from Kansas U.S. Sens. Roger Marshall and Jerry Moran, to make sure customers of the utilities transmitting power from …
** A project centered in Utah is being developed to make cleaner ammonia with help from an unlikely source: nuclear energy. It’s a project that, if scaled, could eliminate the more than 1% of global carbon pollution production that is generated from ammonia-making, according to the Innovation News Network. ** Solar accounted for 75% of electricity generation capacity added …
