Author's posts
Fracking industry to remain weak for 5 more years?
A new report suggests fracking services demand in the U.S. won’t return to pre-pandemic levels until 2025. Reuters reported the claim came from consultancy Rystad Energy which delivered an online presentation. A recovery in demand for hydraulic fracturing services will be “slow and painful,” said Thomas Jacob, vice president of shale research at Rystad. …
Oklahomans split their votes in continued funding for government
Oklahomans in the House split their votes on Tuesday in passing the short-term continuing resolution to continue funding of the federal government through December 11. The vote was 359 in support of H.R. 8337 and 57 against. Those voting no included Rep. Kevin Hern (R-OK 1) while Rep. Markwayne Mulling (R-OK2) did not take …
Completion reports for September 22, 2020
Completion reports filed on September 22, 2020. completions: none were processed today
Permits to drill for September 22, 2020
Permits to drill issued on September 22, 2020. permits: none were processed today
Oil stocks endured a weak trading day on Tuesday
Oil futures were up Tuesday in the U.S. but it didn’t cause a great rebound in oil company stocks. Here is how some Oklahoma energy firms and related operations ended the day in trading. Alliance Resource Partners finished down one cent to $2.94. Blueknight Energy Partners dropped two cents for a 1.38% decline to …
WTI oil futures climb, but hold below $40 a barrel
Oil settled higher on Tuesday, finding support from expectations for a second weekly decline in U.S. crude supplies. Prices scored a partial rebound from the sharp decline in oil seen a day earlier, when the rise of COVID-19 cases and potential for renewed activity restrictions in Europe fed a global equity selloff reported …
Corporation Commissioners keep their headquarters closed
The COVID-19 pandemic has forced Oklahoma Corporation Commissioners to extend their early-March order to close the Jim Thorpe headquarters to the public. In a Tuesday meeting, commissioners voted 3-0 to extend the order to November 15. It was their fourth extension of the original order. Tim Rhodes, Director of Administration informed commissioners that work …
Dallas to Houston high speed train approved by feds
The high-speed train that promises to transport passengers between Dallas and Houston in 90 minutes has been approved by the Federal Railroad Administration, according to Texas Central Railroad, the company in charge of the project. The U.S. Department of Transportation’s Federal Railroad Administration issued the two key rulings, which provide the regulatory framework and the …
Evergy’s solar demand charge was ruled illegal, but it’s still being collected
Evergy’s continued collection of a demand charge on solar customers, a charge ruled illegal by the Kansas Supreme Court, has drawn more criticism. The company maintains it will continue collection of the charge until February. Click here to read more from Solar Builder.
Records reflect important of Horn’s reelection to Democrats
The reelection of Oklahoma Democrat Rep. Kendra Horn is reported to be one emphasized by the national Democratic party. A review of campaign contributions, based on records with the Federal Election Commission show Horn, who is seeking at second term as the fifth district representative has outraised Republican state Rep. Stephanie Bice by a …