New Mexico’s State Land Office recently held its second-best auction ever of oil and gas leases. The auction brought in $117 million including one Eddy County tract that sold for $175,000 per acre. Eddy County is in southeast New Mexico and makes up part of the oil-rich Permian Basin. The previous record was $132,552 …
September 2025 archive
DEQ Water Quality Management Advisory Council Update
For those following water quality rules and regulations in Oklahoma, some special meetings are planned by the Oklahoma Department of Environmental Quality. The meetings will be held by the Department’s Water Quality Management Advisory Council. Public Meetings to Discuss Rulemaking for the December 2, 2025, WQMAC Meeting The Department of Environmental Quality (DEQ) will …
Diesel Stockpiles Push Oil Prices Lower
Diesel Stockpiles Push Oil Prices Lower September 18, 2025 A reported increase in U.S. diesel stockpiles pushed crude oil prices down on Wednesday, while natural gas prices also dipped. At the same time, the Federal Reserve’s anticipated interest rate cut added pressure to energy markets. Oil and Natural Gas Prices West Texas Intermediate (WTI) crude …
US and Cushing Hub experience declines in stored crude oil
Crude oil supplies fell across the U.S. over the past week and the Cushing Hub total was part of the decline. A report from the U.S. Energy Information Administration showed the U.S. total plummeted 9.2 million barrels, from 424.6 million barrels as of September 5 to 415.4 million barrels on September 12. The …
56,000-acre wind farm denied by county commissioners in Wyoming
A proposed $1 billion wind farm that would have been located over 56,000 acres of Wyoming land was rejected this week by one county’s commissioners. The Laramie County Board of Commissioners in Cheyenne rejected the Laramie Range Wind Project which had been backed by Spanish energy giant Repsol. the project would have …
City of Enid asks for more protection of water wells from oilfield disposal wells
Oklahoma Corporation Commissioners will meet Thursday for a regular meeting to consider cases and one will focus on protection of water wells for the city of Enid. The city wants the wells protected from the incursion of more oilfield disposal wells. The request was made in April of 2024 by the city of …
Congress hears call to protect consumer choice on appliances
Congress is being asked to repeal parts of an Energy Policy and at the same time protect consumer fuel choices when it comes to purchases of appliances….especially gas stoves. George Lowe, American Gas Association Vice President of Government Affairs and Public Policy testified before the U.S. House of Representatives Committee on Energy and …
FERC backs off policy changes on assessment of natural gas projects
The Federal Energy Regulatory Commission has scrapped efforts to make changes in its policy on how it assesses proposed natural gas infrastructure projects. The decision came after Energy Secretary Chris Wright issued a late August directive for FERC to end the rulemaking process. he said it created uncertainty for the natural gas sector …
SPP makes policy changes to prepare for data centers and big industrial electricity users
In a move to stay ahead of unexpected large users of electricity making power demands on the grid in Oklahoma and other states, the Southwest Power Pool has adopted a process to facilitate the connection of large users of electricity. The board of directors of the SPP, a 14-state power grid, said the …
Economic advisor says ONEOK is a good buy because of its new gas pipeline
ONEOK is getting a boost from one financial website. Insider Monkey calls the Oklahoma-based publicly-traded firm “one of the Best Low Cost Stocks to Buy According to Analysts.” Why? Insider says it’s because of ONEOK’s recent announcement made along with WhiteWater, MPLX and Enbridge to build a new natural gas pipeline called the …
