New Mexico legislators were told in a recent report the state could face upwards of $1.6 billion in costs in identifying and plugging an thousands of abandoned wells in the state. The 47-page report by the Legislative Finance Committee said the range of cost would be between $700 million and $1.6 billion and take …
June 2025 archive
Highway construction could slow some July 4th Holiday traffic in Oklahoma
It’s not a matter “if” highway construction projects will affect July 4th Holiday traffic in Oklahoma. It will. The list of construction projects provided by the Oklahoma Department of Transportation and the Oklahoma Turnpike Authority is a long one. From one end of the state to the other. The impact for holiday travelers will be …
$350 million plant expansion in Arkansas includes production of its own electricity
More and more, the ability of new or expanding industry to produce some of its own electricity is becoming critical around the country. In something of a “behind the meter” move such as Oklahoma implemented this year with a new state law, allowing industries to generate their own electricity, a similar move was part …
Energy briefs
** Federal regulators have issued a handful of gas-related orders that clear the path for new pipeline and energy infrastructure in the Midwest and along the Gulf Coast. The decisions from the Federal Energy Regulatory Commission come as the agency has taken steps to remove barriers to building gas pipelines, including granting a one-year waiver to a FERC rule …
Petroleum Reserve won’t be refilled for now—millions are needed for repairs
Remember when President Biden took oil out of the nation’s Strategic Petroleum Reserve to lower the country’s gasoline prices? Oklahoma’s congressional delegation squawked about it at the time and charged Biden did it only for political purposes. But now the Trump administration is in no hurry to refill the Reserve even though President Trump had …
Crude more more gains on Thursday as summer driving season increases demand
Just as we highlighted the number of Oklahoma counties with $3 gasoline, crude oil prices gained again on Thursday and experts credited increased summer driving behind the growth. The higher demand prompted by more drivers on the road overrode concerns about supply risks in the Middle East as Iran and Israel continue their …
$3 gas spreads across Oklahoma reports AAA
The last time AAA reported on gasoline prices across the country, it was headlined “Gas Prices on Cruise Control to begin June.” But judging by the latest prices in Oklahoma, it would appear the cruise control might be coming off. The latest AAA report showed Oklahoma’s average price for gasoline was $2.81 per …
Scott Mitchell talks energy with Jerry Bohnen—how a former legislator keeps winning in his energy lawsuit
Oklahoma experienced another loss before the State Supreme Court in its fight to defend the two-year old Energy Discrimination Elimination Act. The Court rejected the Attorney General’s bid to stop former legislator Collin Walke from continuing the fight after his client, Don Keenan, 81, died in April. It also proved to be a discussion …
DoorDash starts drone delivery service in Dallas-Fort Worth metro
Need a burger and fries but don’t want to leave the house? Maybe a Papa John’s pizza—-flown right to you. Residents of the Dallas-Fort Worth metroplex can now take advantage of a drone service to deliver your food right to your door step and it won’t be a stranger in a car using MapQuest …
Waiting for 2Q earnings report from ConocoPhillips
Most major oil and gas companies are getting ready for the release of their second quarter earnings report. One such firm is ConocoPhillips and it plans a release of the report before the market opens on August 7. Later in the day at 11 a.m. central time, the firm’s executive leadership will hold …