There’s nothing like the fall of a dictator of a Middle East oil country to make crude oil prices increase. They rose more than 1% at the start of this week’s trading. Such was the case Monday, a day after Syrian President Bashar al-Assad fled the country to the safe confines of Russia while rebels …
December 9, 2024 archive
Supreme Court kicks can down the road in Todd Hiett case
Oklahoma’s Supreme Court ruled Monday that the three legislators who sought to prohibit Corporation Commissioner Todd Hiett from voting on three major rate cases because of accuations against him of drinking and sexual abuse, do not have proper standing to get a writ of prohibition. As some have described the decision, in essence …
Energy sector sees employment rebound
The Energy Workforce & Technology Council’s monthly jobs report released this week highlighted a rebound in employment across the U.S. energy services sector. Total jobs in the sector reported at 655,630 in November 2024, reflecting an increase of 1,890 positions from October, according to preliminary data from the Bureau of Labor Statistics (BLS) and …
Rep. Lucas can’t get LNG answers from Energy Secretary
It’s almost like the old “I Love Lucy Show” where Ricky tells Lucy—you got some ‘splaining to do.” In this case, it’s Oklahoma Congressman Frank Lucas in the role of Ricky and Energy Secretary Jennifer Granholm in the role of Lucy. He wants answers and not silence regarding the LNG permitting pause enacted …
Regulators to decide on big water bill hike for community near Tahlequah
By Mike W. Ray Southwest Ledger The owners of Tenkiller Waterworks Inc., a privately owned company in Cherokee County, have revised their application to the state Corporation Commission for a rate adjustment. Tenkiller Waterworks (TWW) initially proposed a staggering rate hike of 84% phased in over three years. The revised application would increase …
Supreme Court to hear arguments Tuesday in Utah oil railway project
The U.S. Supreme Court will hear arguments Tuesday morning on opposition to an 88-mile proposed railway to carry oil from Utah and across Colorado—oil that in some cases is intended for Oklahoma’s Cushing Hub. Analysts and some environmentalists wonder if the eventual decision will drastically change how projects are permitted nationwide. Ever since the …
Signs of returning drought in Oklahoma after record November rainfall
Oklahoma Climatologist Gary McManus is getting worried again, first, because the long-range forecasts don’t include snow for Christmas but more importantly, the lack of rain and the rapid increase in drought activity in the state. He suggests there are better chances of drought coming back to the state than there are for snowfall on …
Millions in federal grants for Illinois River protection, bison herd growth and wetlands development
Of the more than $122 million in grants announced last week by the Biden-Harris administration as it joined the National Fish and Wildlife Foundation, are several million for conservation efforts involving the state of Oklahoma involving wetlands, protection of the Illinois River and bison herd growth. Sixty-one new grants were announced in support of …
Skeptics say hydrogen hubs should be canceled
A year after Oklahoma failed to attract government funding for its proposed regional hydrogen hub with Arkansas and Louisiana, the fate of some of the successful plans is undecided. One of those is the Appalachian Regional Clean Hydrogen Hub or ARCH2 which is to receive more than $900 million from the Biden administration. The …
Granite Wash play in Oklahoma and Texas Panhandle made biggest rig gains
While the nation’s latest Baker Hughes Rig Count showed a gain of 7 rigs in the most recent reporting period, of the shale plays, the Granite Wash in Oklahoma and the Texas Panhandle recorded the biggest gain. The Granite Wash count rose by two to 7 total rigs. The remainder of the nation’s …
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