March 1, 2025 archive

Few changes seen in rig counts in Oklahoma and across the U.S.

Oklahoma maintained a count of 45 active oil and gas rigs over the past week while nationally, the total increased by one to 593, according to the latest Baker Hughes rig count released on Friday. Oklahoma’s total is four more than one year ago. The U.S. count included a loss of two oil rigs leaving …

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Attorney General heard complaints of anti-wind and solar farm groups

  The anti-wind and solar farm movement in Oklahoma along with growning opposition to electric transmission lines apparently resonated with Oklahoma Attorney General Gentner Drummond. He had been among state leaders that some of the groups formed to combat eminent domain for transmission lines and renewable energy farms had targeted to support their efforts. Drummond …

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Sen. Lankford says Trump is right—Biden’s rules created an energy emergency in the US

  Oklahoma U.S. Sen. James Lankford joined the Trump administration in recent days in taking to the Senate floor to reverse what he labeled as “harmful energy regulations” created by the Biden administration. He said the regulations put the U.S. in energy emergency and urged solutions to fix it. Lankford, Chair of the Senate Finance …

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Federal government layoffs hit National Weather Service

  President Trump’s Department of Government Efficiency, led by Elon Musk struck the National Oceanic and Atmospheric Administration on Thursday and Friday resulting in hundreds of layoffs at the National Weather Service, including some at the University of Oklahoma campus. In Oklahoma, considered to be right in the middle of “tornado alley,” the National Weather …

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New solar projects coming to Arkansas while EPA unlocks $200 million in green energy projects in the state

  Arkansas saw two major energy developments in the past week. One involved the Trump administration’s freeing of $200 million in green energy funds for the state while the second involved plans to build at least three renewable energy projects in Arkansas. Carbon solutions platform Clearloop of Nashville, Tennessee announced a deal with Microsft to …

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Legislative bills want to do more to abandoned well cleanup

  Some Oklahoma legislators want to make some changes to the state’s surety program for wells. Rep. Brad Boles of Marlow says it’s a plan to create for funding when wells are abandoned. Click here for KGOU Radio  

Energy briefs

** More than half of the jurors selected for Energy Transfer’s defamation trial against Greenpeace have ties to the fossil fuel industry or view pipeline protests negatively, signaling how difficult it was to seat a jury in oil country. ** Michigan utilities could be fined up to $10 million under a new order for failing …

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Zelenskyy and Trump argument sent crude prices crude oil prices down on Friday

    Crude prices fell Friday following the televised verbal argument between President Trump and Ukrainian President Zelinskyy and at the same time, Oklahoma energy stocks recorded gains. Putting pressure on traders and investors was the decision by Iran to resume oil exports out of the Kurdistan region. West Texas Intermediate finished down 59 cents …

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