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Energy Briefs: Offshore wind, LNG, solar lawsuit
Offshore wind policy and fossil fuel permitting reforms ** Oil lobbyists are asking Trump to back off his attacks on offshore wind, saying his hostility could delay energy permitting reforms that would benefit fossil fuel companies. ** The Trump administration and Westinghouse are reportedly meeting with utilities and nuclear developers as Trump aims to get …
ONG asks for higher rates
Oklahoma Natural Gas Seeks Rate Increase, Citing Lower-Than-Allowed Returns Oklahoma Natural Gas (ONG) says the rates allowed under an Oklahoma Corporation Commission ruling aren’t enough and it needs an increase in rates for its 930,000 residential, commercial and industrial customers. The Oklahoma City-based utility filed a request with the commission last week for an increase …
Iranian war sent crude oil up more than 6%
Crude Oil Prices Jump Nearly 13% as Iran Conflict Enters Third Day Crude oil prices shot up nearly 13% on the world markets as the U.S. and Israeli military strikes continued Monday on Iran, marking the third day of the war. Natural gas prices also rose as the retaliation by Tehran following the deaths of …
War sends oil prices rising and they could go higher
Duration of War on Iran Key in Rising Oil Prices The war against Iran did one thing this week—send crude oil prices climbing. Prices in the U.S. rose to nearly $73 a barrel after closing Friday, prior to the launching of the attacks by Israel and the U.S., at $67 a barrel. How much higher …
Another poultry firm settles with Oklahoma over pollution
A fourth poultry company has agreed to end a nearly 20-year old legal fight with Oklahoma over the pollution of the Illinois River Watershed. Attorney General Gentner Drummond reached a deal with Peterson Farms Inc., a now dissolved poultry company, It agreed to pay $950,000 for remediation and conservation projects in the eastern part …
Could US attacks on Iran prompt a $20 jump in crude oil prices?
The world awaits the impact the U.S. and Israeli attack on Iran will have on crude oil prices. Some contend prices could soar $10 to $20 a barrel and if that’s true, it means the global cost of oil would approach the low 90s. The strikes were intended to destroy Iran’s nuclear program and …
Energy briefs
** Just like Oklahoma did last fall, Wyoming is cracking down on illegal truck drivers. The Laramie County Sheriff’s Office caught 32 illegal immigrant truck drivers this week during a three-day crackdown called “Truck Around and Find Out.” They made 177 stops overall and wrote 51 tickets. ** Average daily crude oil production in the United States …
Steady oilfield activity continues in Oklahoma and the U.S.
Another strong week of oil and gas drilling in Oklahoma was reported in the latest Baker Hughes Rig Count released Friday. Oklahoma’s count was unchanged with a total of 45 rigs. It compares to 49 rigs reported a year ago by Baker Hughes. The U.S. count was 550 with a drop of one rig compared …
Lesser prairie-chicken no longer protected as endangered species
Administration reverses Obama and Biden protective orders For years, the oil and gas industry and farm groups in Oklahoma were among those who fought the government’s designation of the lesser prairie-chicken as an endangered species. The fight has ended with the Trump administration’s recent announcement that the U.S. Fish and Wildlife Service plans to publish …