July 2024 archive

Choctaw Nation opposes proposed hydroelectric project in SE Oklahoma

  The Choctaw Nation of Oklahoma Tribal Council has approved a measure opposing a hydropower project proposed by the Southeast Oklahoma Power Corp. The firm unveiled its plans earlier this year with intentions to divert water from the Kiamichi River in Pushmataha Couny to create electrical power for sites in Texas and not in Oklahoma. …

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Cargill spending $1 million to study cow farts and impact on environment

  Cargill, the agriculture company, announced it’s donating $1 million to study cow flatulence—in other words, cow farts and how they’re affecting the environment. The Wichita, Kansas based company issued $1 million to Colorado State University to fund the school’s AgNext research program. It will support what Cargill called “cutting-edge research aimed at promoting sustainable …

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Energy briefs

** According to a report from WalletHub published on July 1, 2024, consumers in Wyoming pay an average of $1,591 annually for electricity. That’s more than four times the cost of electricity in the lowest-cost states. ** Occidental Petroleum, a Texas-based oil company, claims it will be net zero by 2040, but its methods are …

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Solar panel installation for a Tahlequah family turns into a glaring problem

  A $20,000 investment in residential solar panels for a Tahlequah family has turned into a nightmare. The family found out the hard way—the panels cannot be used to allow the family to get credits from the city of Tahlequah. KOTV in Tulsa reported the family of Jacquelynn Osborne thought the the solar panels on the …

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Why Texas leads the nation in electric power outages

  Some experts at the Energy Department have carefully reviewed the number of electrical power outages in every state and what they found isn’t good news for the state of Texas. The analysis revealed Texas had more weather-related outages than any other state between 2000 and 2023. Furthermore, the experts blamed the record on the …

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Biden’s announcement sent crude prices down

Monday produced another drop in crude oil prices and it came on the heels of President Biden’s weekend announce he will not seek a second term in the White House—instead endorsing Vice President Kamala Harris. It proved the second consecutive session of losses in crude oil prices. US benchmark West Texas Intermediate crude saw its …

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Mammoth Energy reaches $188 million settlement with Puerto Rico

  After five years, Mammoth Energy Services is finally being paid more than $188 million in settlement of its legal fight with Puerto Rico following the power restoration efforts after the 2017 Hurricane Maria. The agreement was reached by Cobra Acquisitions LLC, a wholly owned subsidiary of Mammoth and with the Puerto Rico Electric Power …

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Regulators to consider natural gas production plan

  Natural gas producers will have an opportunity Tuesday to comment on a plan by state regulators to continue with a 75% limitation or proration formula on the production of natural gas from what are called unallocated wells. The Oil and Gas Division of the Oklahoma Corporation Commission recommended the 75% limit be the same …

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Corporation Commission leader raises doubts whether financial fraud expert can testify about commission’s actions

    Not letting up on his criticsm of the move by state regulators to approve billions of dollars in added costs from the 2021 Winter Storm Uri, Corporation Commissioner Bob Anthony had intended to present the testimony of a financial expert who agrees with him. Whether Hall of Fame accountant David Greenwell will be …

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Oil and gas leaders know—Kamala Harris is not a laughing matter

    The shudder you might have felt across Oklahoma, Texas, New Mexico, Louisiana, North Dakota and other oil and gas producing states is from the oil and gas industry after Sunday’s announcement that President Biden decided not to run for re-election and instead gave a delayed endorsement of his vice president Kamala Harris. Here’s …

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