September 23, 2024 archive

Oil companies evacuating workers from Gulf oil production platforms

The approach of a second major hurricane in the last two weeks has oil companies evacuating workers from their Gulf of Mexico oil production platforms. The storm appears to be heading toward those production fields, for now. The US National Hurricane Center says Tropical Cyclone System Nine near western Cuba is expected to become a …

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Oklahoma energy stocks perform well Monday

Brent crude was lower but WTI was higher on Monday. Reuters reported that worries about falling demand were compounded by disappointing eurozone business activity and a weak Chinese economy. West Texas Intermediate crude finished 31 cents higher Monday at $70.68 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, was 59 …

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Energy briefs

** The US Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns – a move that would effectively bar nearly all Chinese cars from entering the US market. ** The U.S. Energy Department awards a manganese and zinc mine under development in …

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OSU receives $5.5 million grant for study of local weather systems

    The National Institute of Standards and Technology (NIST) awarded Oklahoma State University (OSU) $5.5 million as part of the Consolidated Appropriations Act of 2024. The purpose of these funds is to increase knowledge about local weather systems in the lower atmosphere, enabling the safe integration of small Unmanned Aerial Vehicles and Advanced Air Mobility …

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New Mexico wants to double oil and gas industry permitting fees

  It’s not just a small increase that New Mexico regulators propose in oil and gas permitting fees to help fund staff to process applications and enforce rules.  In some cases, it would be more than doubling the existing fees. Environment Secretary James Kenney recently informed a legislative committee that the big jump in fees …

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US House Approves Resolution To Overturn EPA Tailpipe Rule

The Oklahoma congressional delegation joins other Republicans in a vote supporting a resolution to overturn the EPA’s tailpipe rule. The Associated Press reports the GOP claims the move by the Biden administration would force people to buy high-price electric vehicles they don’t want. Opponents have called the rule change a “mandate,” but it doesn’t force …

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Oklahoma Family Business Still Supplying Rodeo Horses Despite Losses

The Beutler and Son Rodeo Company is still supplying horses to rodeos despite the deaths of a big part of its herd.  Stock for Friday’s rodeo at the Oklahoma State Fair came from the Elk City operation. A tainted feed mixup earlier this year caused the deaths of about one-third of the Beutler herd.  KOCO-TV …

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