Crude oil supplies increased at the Cushing Hub in northern Oklahoma over the past week and did the same across the U.S. The latest report from the U.S. Energy Information Administration showed a national gain of 5.8 million barrels as supplies across the country rose from 416.9 million barrels in late September to …
October 2024 archive
Heat’s still with us—-but colder weather is threatening
Sometimes I think State Climatologist Gary McManus has too much fun with his prognostications. His latest? The approach of colder weather and when we might have our first freeze in the state. Don’t worry—it’s coming and maybe earlier than some of us think. Maybe it’s time to make sure the tomato plants that are …
Wildfires result in lower oil production in North Dakota
Oil production is expected to take a slight dip in North Dakota because of ongoing wildfires. Reports by Reuters and the Associated Press indicated that production might be down as much as 90,000 barrels a day. According to the North Dakota Pipeline Authority, natural gas production is also affected by the wildfires that …
Winter heating costs to follow last year’s
With the heat dome lingering over Oklahoma and much of the middle part of the country, it’s hard to think about winter and cold-weather heating bills. But the U.S. Energy Information Administration came out with a report this week saying it expects most U.S. households, on average, will pay about the same to heat …
CenterPoint Energy inks deal for better severe weather predictions
The recipient of heavy criticism from Texas leaders following Hurricane Beryl’s pummeling of Houston, CenterPoint Energy is attempting to show its seriousness about correcting the power problems it had during the deadly storm. Even as the company is under investigation by the Texas legislature and other state leaders, this week, the company that provides …
SE Oklahoma water concerns were the focus of a meeting led by a legislator
Sen. George Burns, R-Pollard, recently held a meeting with multiple state agencies and Southeastern Oklahoma residents to discuss critical water resource issues in Southeastern Oklahoma. The meeting focused on concerns surrounding the environmental and public health impacts of water permits being issued for commercial use in the region, specifically for a poultry farm and …
Developer proposes 350-mile underground transmission line in Iowa
The public will get a chance later this month to see more details about a proposed 350-mile underground transmission line proposed in Iowa. The developer wants to build it along a railroad right of way. Click below for Telegraph Herald Public input meeting planned for underground transmission line project | Tri-state News | …
Ascent Resources’ cash tender offer results
The results of a note offering by Ascent Resources Utica Holdings, LLC of Oklahoma City were made available by the company. In an announcement, Ascent said it had received tenders for a total of $549,234,000 of its outstanding 7.00% Senior Notes due 2026. The total represented 92% of the principal amount of the Notes outstanding. …
Energy briefs
** EIA expects U.S. crude oil production will average 13.5 million barrels per day in 2025, a record high. EIA had previously expected domestic crude oil production would average 13.7 million barrels per day next year but revised its production forecast lower largely due to its expectation of lower crude oil prices. ** GM CEO Mary Barra …
Mitchell talks energy with Jerry Bohnen and an update for Oklahomans helping hurricane victims
Click below for latest podcast (20+) Video | Facebook Hurricane relief efforts by Oklahomans headlines this episode of Mitchell Talks Energy with Jerry Bohnen……plus, more details of a proposed 400 mile electric transmission line across Oklahoma.
