Russia’s agreement of President Trump’s proposal for Russia and Ukraine to stop attack each other’s energy infrastructure for a month sent crude oil prices falling on Tuesday. Prices dropped about 1% as President Trump and Russian President Vladimir Putin discussed ways to end the three-year old war in Ukraine. West Texas Intermediate crude, the …
March 18, 2025 archive
Oklahoma regulators to meet Wednesday
Oklahoma Corporation Commissioners plan to meet for a regular session on Wednesday. The agenda includes the daily signing docket and consideration and possible votes on potential orders in cases on the 24-hour signing agenda docket. A briefing will be given on recent Transportation Division aactivity for motor carrier enforcement, ports of entry and weigh …
Natural gas-fired electricity generation during Texas cold snap just shy of record high
The Feb. 19-22 cold snap that hit the Midwest resulted in near-record highs for hourly and daily generation of electricity by natural-fired plants in Texas. The U.S. Energy Information Administration found that in February, the high demand for electricity increased while electricity generated by wind and solar projects fell. Electricity demand in Texas …
Louisiana opponents fight carbon capture sequestration
Oklahoma isn’t alone in finding opposition to carbon capture projects. This week, opponents stood their ground in Louisiana and voiced concerns at an informational seminar on Carbon Capture Sequestration projects. Click here for KALB news
Carbon capture bill wins Oklahoma Senate approval
( Marie D. De Jesus / Houston Chronicle )The Oklahoma Senate voted Monday in support of a bill to create carbon sequestration or storage in the state, sending SB269 to the House on a 27-18 vote. But the measure has its opponents, some who called it “selling out for money.” Known as the Oklahoma Carbon …
Firefighters fear another Megafire outbreak of wildfires
State firefighters are being warned that Oklahoma might see another outbreak of deadly wildfires like it experienced on Friday when fires left at least four persons dead. “Another Wildfire Outbreak is possible and given the approaching dry, cold front, a Megafire (burning <100,000 acres) cannot be ruled out,” stated the Oklahoma Forestry Service in …
Controlling the wind industry in Arkansas the object of a new bill in the legislature
The Arkansas legislature has introduced the state’s first regulatory framework to control the growth of wind eneergy projects. Called the Arkansas Wind Energy Development Act, it would set regulation for wind turbine construction, decommissioning rules and permitting processes. Senate Bill 437 would also require wind developers to also carry out environmental impact assessments and …
New Mexico legislators want higher tax on oil production
Democrats in a New Mexico House committee decided recently to cut and eliminate state income taxes for many working people but at the same time added a tax hike for the state’s oil producers. The full House prepares to vote on the measure that would add an 0.28% oil and gas equalization surtax when …
New Mexico wildfire sparked by utility line
A power line is believed to be the cause of a northern New Mexico wildfire that burned more than 21,000 acres of land in Mora County. The weekend fire darkened more than 33 square miles of ranchland. Click here for Source New Mexico
Energy briefs
** Goldman Sachs Group Inc. cut its oil price forecasts, as tariffs reduce the outlook for US growth while OPEC and its allies boost output. The move follows a drop in crude prices from this year’s high in January on plentiful supply, a weak demand outlook from top importer China and an escalating international trade …
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