Author's posts
How a Businessman Man Conned U.S. Out of Millions in a Phony Biodiesel Operation
How did a Guatamalen-born businessman swindle the U.S. out of millions of dollars under a government program aimed at increasing the production of biodiesel fuel? Bloomberg reports how Philip Rivkin, founder of a phony company named Green Diesel was able to do it, and now sits in a U.S. prison in Texas where he’s serving …
US Supply of Ethanol Slips While Production Increases
Stocks of ethanol in the U.S. fell by 2 percent over the past week, according to a report from the U.S. Energy Information Administration. Production averaged 1.004 million barrels a day in the past week which translates into 42.17 million gallons daily. That’s an increase of 20,000 barrels a day in production from the previous …
Trump Endorsed by American Energy Alliance
The American-Energy Alliance is doing a first—its first ever endorsement of a political candidate. It’s endorsing Donald Trump, the presumptive Republican presidential nominee. The AEA is the advocacy arm of the conservative Institute for Energy Research and proclaimed that if Trump were to win the White House he would undo President Obama’s policies that have …
Devon Nears Sale of Its Stake in Canada’s Access Pipeline
Oklahoma City’s Devon Energy’s close to selling its 50 percent stake in the Access Pipeline in Western Canada according to a report by Bloomberg. Wolf Infrastructure, a midstream oil and gas firm backed by the Canada Pension Plan Investment Board is about to complete the deal that could be worth as much as $1.2 billion …
Experts Gather to Study Weather Drones
Dozens of representatives from Oklahoma State University and three other universities taking part in a $6 million dollar study of drones and their use in weather research met recently in Stillwater. About 65 faculty and students are working under a $6 million federal government grant to develop unmanned aerial systems for weather research. The program …
OSU Professors Receive $5 million Grant to Study Imperiled Plants
A $5.5 million grant from the U.S. Fish and Wildlife Service is going to two Oklahoma State University professors of integrative biology to study ways to protect imperiled species. Kristen Baum and Monica Papes will work with a researcher at the University of Texas in Austin on a 3-year project on pollinator habitation restoration in Oklahoma …
Tulsa Gets $300,000 Grant to Clean up Pollution Sites
The city of Tulsa is getting a $300,000 federal grant to clean up old pollution sites known as Brownfield locations. U.S. Sen. Jim Inhofe, chairman of the Senate Environment and Public Works Committee noted how Tulsa has used Brownfield grants in the past to clean up sites that led to the construction of the BOK …
WPX Energy Site Afire in New Mexico
Nearly three dozen oil storage tanks remained burning Tuesday at a new WPX Energy site in northwestern New Mexico. The fire broke out late Monday night near the small community of Nageezi where 36 oil storage tanks caught fire, prompting a shutdown of the WPX Energy operation. Evacuations of neighboring homes were made. About 50 …
Chesapeake Energy’s Divestiture Steps Earn Improved Rating at One Investment Firm
Steps taken by executive leadership at Oklahoma City-based Chesapeake Energy have resulted in an improved status given the company by the investment bank and asset management firm Piper Jaffray. Chesapeake’s been upgraded from Underweight to Neutral because analysts at Piper Jaffray believe the natural gas producer’s recent actions have “diminished” its default risk over the …
What the Federal Government Predicts about Future Oil/Gas Production
The government’s forecasting U.S. petroleum and other liquid fuels production will only grow in the coming decades. The U.S. Energy Information Administration predicts the production will grow from 14.8 million barrels a day in 2015 to 18.6 million barrels a day by 2040. The prediction comes in the EIA’s Annual energy Outlook 2016. And what does …
