LSB Industries, Inc. announced the publication of its 2023 Sustainability Report, highlighting the Oklahoma City company’s progress in advancing its sustainability efforts. LSB remains focused on its vision of being a leader in the clean energy transition through the production and delivery of low carbon products to multiple end markets. Additionally, the company prioritizes …
December 3, 2024 archive
Unsteady Lebanese peace deal sends crude oil prices higher
Fears that the truce between Israel and Lebanon might collapse sent crude oil prices higher by more than 2% in Tuesday’s trading. Prices rose as Israel threatened to respond with an attack if Hezbollah continued sending rockets and artillery blasts into Israel. At the same time, OPEC+ might announce an extension of its supply …
Edgewater Midstream Closes Acquisition of refined products logistics assets from Shell
A portfolio company of EnCap Flatrock Midstream, a company headquartered in San Antonio and with offices in Oklahoma City and Houston, announced it closed on the previously announced acquisition of the Sinco Pipeline System and the Colex East and Colex West Terminals in the Houston refining corridor. The portfolio firm, Edgewater Midstream LLC made …
Xcel Energy to locate cameras to fight wildfires in Texas Panhandle
Nearly 8 months after wildfires burned more than 1 million acres of land in the Texas Panhandle and western Oklahoma, Xcel Energy, hit with numerous lawsuits over the deadly fires, announced it has increased wildfire detection and mitigation efforts in the Panhandle. It is using AI or artificial intelligence to spot fires early and …
US inventories enter the winter with the most natural gas in 8 years
A new government report indicates the U.S. will enter the 2024-2025 winter with the most natural gas in storage since 2016. The U.S. Energy Information Administration’s Weekly Natural Gas Storage Report released in November showed the working natural gas in storage in the Lower 48 states ended the natural gas injection season with 3,922 billion …
Corporation Commissioner Anthony set to call out attorneys in sexual abuse claims against Hiett
Oklahoma Corporation Commissioner Bob Anthony has joined state Rep. Tom Gann’s fight to be heard in an ONG Fuel Adjustment Clause hearing and he intends to be present when an Administrative Law Judge resumes the hearing on Thursday. In a filing this week, Anthony not only said he agreed with the judge’s Nov. 21 …
Attorney General takes up fight for anti-ESG law and against Judge’s ruling
Attorney General Gentner Drummond is appealing to the Oklahoma Supreme Court the ruling of a lower court that has blocked enforcement of the state’s anti-ESG (environmental, social and governance) law. Drummond took over the case in May after private counsel hired by state Treasurer Todd Russ failed to successfully defend the Oklahoma Energy Discrimination Act …
Energy briefs
** President-elect Trump’s promise to eliminate federal tax credits for electric vehicles is being championed by Tesla CEO Elon Musk, who recently told investors such a move would be “devastating” for the company’s competitors. ** An analysis finds that Texas edges out California for the most clean energy jobs in the U.S., a disproportionate number of which …
ONE Gas executives to be part of two upcoming national conferences
ONE Gas, Inc. with 2.3 million customers in Oklahoma, Kansas and Texas, plans to take part in next week’s Jeffferies Gas utilities Mini-Conference in New York City. The participation will be virtual on Monday, Dec. 9 and the ONE Gas executive management team will follow it by attending the Wednesday, Dec 11 Wells …
Oklahoma gets high ranking for expanded rural broadband service
The Federal Communications Commission released recent information ranking Oklahoma as the 4th highest ranked state in the country for reducing the number of homes and businesses with no access to high-speed internet service. The FCC’s National Broadband Map indicated more than than 58,000 locations in the state were removed from the unserved list. It …