May 26, 2025 archive

Rig counts tumble across U.S. and declined in Oklahoma

    The lastest Baker Hughes rig count shows another slide in oil field and gas activity as the nation’s total fell by 10, leaving 566 rigs searching for oil and gas. The decline included a loss in Oklahoma’s fields. The count of oil rigs declined by 8 to 465 in the past week while …

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Senators defend vote to give Americans right to buy the vehicle they want

    U.S. Sen. James Lankford is still talking about the Senate vote he supported last week to overturn California’s electric vehicle standards. So is Sen. Markwayne Mullin who co-sponsored the move. In a weekend letter to constituents, Sen. Lankford raised the question—Why Are We Talking about California Electric Vehicle Standards? “Good question. In 2023, …

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OGE crews restore power following NE Oklahoma storm

    Oklahoma Gas and Electric crews were kept busy with handling weekend storm damage that left thousands without power beginning Saturday night. The storms packed 70 mph winds along with heavy rain and hail and downed power lines and broke power poles and cross arms. The hardest hit area where crews concentrated their efforts …

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Private investments—could they save Amtrak and rail passenger service in Texas?

    So goes rail development in Texas and it could have a major impact on passenger rail service in Oklahoma. Texas is in the midst of a financial struggle in the Texas legislature where funding for the state’s share of the Heartland Flyer which carries passengers from Oklahoma City south to Fort Worth. But …

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Oklahoma to be a leader in space industry with new law

    State Sen. Paul Rosino thinks Oklahoma is on the verge of becoming a space industry leader and it will happen because of the senate bill he authored and became law this week.  Senate Bill 912 aims to meet the evolving needs of the space industry and position Oklahoma as a national leader in …

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Crude oil prices recorded gains prior to Memorial Day weekend

    Crude oil prices closed higher on Friday but remained constant over the long Memorial Day holiday in the U.S. The gains came as OPEC+ and its eight members plan to begin meeting on May 31 to consider an increase in oil production. The meeting is a day earlier than originally planned and the …

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Energy briefs

** A research team based at Lawrence Berkeley National Laboratory says that solar could have the lowest levelized cost of energy (LCOE) of all energy sources in South Korea by the early to mid-2030s. **  In a groundbreaking move to bolster domestic critical mineral production, the U.S. Department of the Interior has greenlit the Velvet-Wood uranium …

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What will come out of Texas legislative efforts to restrict renewable energy?

  In the final weeks of the Texas legislature’s session, the fight remains underway against renewable energy including expansion of wind farms and solar farms. Others in the legislature have made attempts to protect the state’s historic legend as an oil and gas state. As The Hill reported, Texas has turned into what it described …

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