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WTI, Brent Trade Above $53 a Barrel as Concerns Loom Over Future Output and Supply
Crude oil futures were flat on Friday but fell for the week—caught between larger-than-expected growth in U.S. crude stocks and reports that OPEC members may exercise an option to extend a pact to cut production by six months, according to Bloomberg MarketWatch. March West Texas Intermediate crude rose 4 cents, or less than 0.1%, to settle …
AAA Oklahoma: State Average For Gas is $2.11 a Gallon
Oklahoma continues to have some of the cheapest gasoline in the U.S., down 5 cents in the past month and up 77 cents since February 13, 2016, as the statewide average stands at $2.11 per gallon, according to the latest report from AAA Oklahoma. The organization indicated that the price is the same that was …
Completion Reports February 20, 2017
BLAINE COUNTY Continental Resources Inc 36 13N 13W Bird 1-36-1xh, November 14, 2016 HH, GAS, TD: 25439 ft Lat: 35.56536, Long: -98.53388 API: 35011235810000 CANADIAN COUNTY Cimarex Energy Co 27 13N 9W Nancy 3-27h, October 27, 2016 HH, OIL, TD: 17125 ft Lat: 35.57944, Long: -98.15120 API: 35017248520001 Devon Energy Production Co Lp 36 …
Permits to Drill February 20, 2017
Blaine County BROWNING #1-21-16XH, February 17 2017 21 16N 10W S2SESESW API: 01123745 Lat: 35.84177674774363, Long: -98.27039162529105 CONTINENTAL RESOURCES INC HH, DR, 20114 ft, MISSISSIPPI LIME(9879) Dewey County SEAL TRUST 29-19-16 #1H, December 15 2016 32 19N 16W SWNENENE API: 04323491 Lat: 36.085601687600786, Long: -98.9226090442166 TAPSTONE ENERGY LLC HH, AM, 16700 ft, MISSISSIPPIAN(11600) Garfield …
Pruitt Headed for Senate Final Confirmation Vote on Friday
EPA Nominee Scott Pruitt cleared his first hurdle on Thursday morning as the Senate voted 54-46 to advance his nomination, according to The Washington Times. Senator Heidi Heitkamp of North Dakota and Senator Joe Manchin of West Virginia joined Republicans in the vote. A final vote is expected on Friday. Pruitt’s confirmation has been a …
Judge Orders Pruitt to Provide Outstanding Open Records Data by February 21
An Oklahoma County Court judge has found Attorney General and EPA Nominee Scott Pruitt in violation of the state’s Open Records Act. Judge Aletia Haynes Timmons ordered the Attorney General’s office to release more than 2,500 emails by Tuesday, February 21. The emails are the subject of a records request and subsequent lawsuit filed by …
Coal Industry Rejoices as Trump Signs Legislation Blocking Stream Protection Rule
Following an extraordinary press conference, President Donald Trump signed legislation on Thursday to halt a regulation blocking coal mining debris from being dumped into nearby streams, according to a statement issued by the White House’s Office of the Press Secretary. House Joint Resolution 38 blocks an overly burdensome stream protection rule from further harming the …
Pittsburg County Gas Well Explosion Injures One
At least one injury was reported when a Pittsburg County natural gas well exploded early Thursday afternoon, according to The Oklahoman. The explosion occurred near Quinton, Oklahoma, about 100 miles southeast of Tulsa. State troopers and the county sheriff’s office were notified around 12:30 p.m. Multiple volunteer fire departments and emergency management crews also converged …
Association Alleges NextEra Energy Failed to Identify Turbine Locations for Caddo County Projects
A Caddo County lawsuit alleging a wind farm developer didn’t adequately notify residents and public officials about turbine locations was moved to federal court in Oklahoma City this week, according to a report by The Oklahoman. Scenic Prairie Preservation Association originally filed suit against NextEra Energy Resources LLC. The association said NextEra Energy didn’t properly …
Brent Crude and Natural Gas Futures Fall as WTI Posts Gain on Thursday
Domestic oil futures rose slightly as Brent crude and natural gas posted losses on Thursday, according to a report by Bloomberg MarketWatch. March West Texas Intermediate crude edged up by 25 cents, or 0.5%, to settle at $53.36 a barrel on the New York Mercantile Exchange. On London’s ICE Futures Exchange, April Brent crude, the global …