For some Colorado residents, they are seeing a drop in their natural gas prices, thanks to a move by Xcel Energy. The company responded to a continuous drop in wholesale natural gas prices by filing a quarterly and gas commodity adjustments with the Colorado Public Utilities Commission and lowering its prices. The Denver Gazette …
Category: Oil & Gas
Newspaper blasts NPR for one-sided report on big oil and wind energy in Wyoming
National Public Radio, the government-financed communications group with a reputation for its liberal approach to news, was caught in the act in its recent reporting about the oil industry financing anti-wind farm efforts in Wyoming. The Cowboy State Daily did some digging on what NPR claimed in its report and found big oil was …
Kansas legislators worry another Keystone pipeline oil leak could happen
Because of growing earthquakes in southern Kansas, state legislators are concerned of the possibility of another Keystone pipeline system oil leak like the one that occurred in northern Kansas in December. Their concerns arose during a legislative briefing made by TC Energy’s Gary Salsman, who is a vice president for field operations for the …
A tough day for crude oil as it plunged more than 4% on Tuesday
Crude oil prices fell more than 4% in Tuesday’s trading, reaching a three-month low because of a new U.S. inflation report and recent bank failures. Oklahoma energy stocks managed to make moderate gains a day after suffering losses. West Texas Intermediate crude suffered a 4.6% drop on a $3.47 a barrel fall to $71.33 on …
How one ESG supporter defends the climate change effort
ESG has certainly stirred up legislators in Oklahoma and Texas and other oil and gas producing states. They responded with laws and bills attacking investment firms that discriminate in their financial support against the oil and gas industry. One defender of the ESG movement is Rabbi Moti Rieber, executive director of Kansas Interfaith Action, …
Scientists blame natural gas production for southern Colorado earthquakes
Recent earthquakes in southern Colorado are being blamed on wastewater injection wells—just like those in Oklahoma in years past and in the Permian Basin of West Texas in the past several months. The southern Colorado quakes are near the city of Trinidad, an area known as the Raton Basin. Scientists blame nearby natural gas …
Short energy reads
** A new nuclear reactor in the US started up last week — the country’s first in nearly 7 years. Georgia Power expects Vogtle Unit 3 to be fully in service in May or June of this year. Nuclear Regulatory Commission spokesperson Scott Burnell told CNBC that this marked the first nuclear reactor to achieve initial criticality …
Biden’s Democratic supporters in disbelief over his Alaska oil drilling project for ConocoPhillilps
Environmentalists can’t believe President Biden did what he did this week in approving more oil drilling on federal land in Alaska. They say he violated his 2020 campaign pledge to ban all new oil drilling on federal land by granting permission to ConocoPhillilps to carry out the $8 billion ConocoPhillips Willow oil project, which is expected …
Enviros wanted more restrictions on Keystone pipeline following Kansas leak
A slap on the wrist. It’s what environmentalists are calling a federal order issued last week for TC Energy to lower the pressure in part of its Keystone Pipeline following the December oil spill in rural northern Kansas. The order could affect the flow of oil to the Cushing Hub in northern Oklahoma. The Department …
Paloma Operating is busy in the STACK play
Houston’s Paloma Operating Company had a recent flurry of drilling activity in Oklahoma’s STACK play including two single-pad wells with combined production of more than 900 barrels of oil a day. The two wells, located about 4 miles northwest of the city of Kingfisher at 31 17N 7W in Kingfisher County were completed in …