What can we expect from 2025 regarding oil prices, production and the consumption of electricity? The U.S. Energy Information Administration is out with its forecast. Global oil prices. We expect downward oil price pressures over much of the next two years, as we expect that global oil production will grow more than global oil …
January 15, 2025 archive
Single digit temperatures to return this weekend in Oklahoma
Get ready to bundle up this weekend in Oklahoma. A really cold “blue norther” is about to hit the state and as Oklahoma Climatologist Gary McManus predicts, the fun arrives Saturday morning and stretches into early next week. Any oil patch crews, farmers and ranchers and workers and outdoor workers should be prepared for …
Sen. Deevers diesel bill would skirt EPA restrictions
Elgin State Sen. Dusty Deevers has been one busy legislator pre-filing several bills before the state of the legislative session. His latest is a bill to protect the rights of Oklahomans to own, operate and manufacture diesel engines without meeting EPA regulations. His SB457 the Diesel Engine Freedom Act is described as a landmark …
Permian basin oil company takes part in protection of night time environment
A Permian basin energy company recently was recognized for its efforts to protect and maintain the nighttime environment. Three Franklin Mountain Energy sites in Lea County, New Mexico were classified as DarkSky Certified and are the first oil and gas sites in the world to get the distincition. What’s a DarkSky certification? It’s …
Energy briefs
** The U.S. automotive industry saw a record number of electric vehicles sold in 2024, with 1,301,411 units breaking last year’s record with a 7.3% year-over-year increase. A record fourth quarter saw 365,824 units sold in the U.S., despite some weakness from sector leader Tesla Inc (NASDAQ:TSLA). Fourth-quarter EV sales were up 15.2% year-over-year in the U.S., as reported by Cox Automotive’s …
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