In the waning days of his administration, President Biden has declared there’s no going back on the “clean energy revolution” he started. Speaking from the Amazon rainforest in Brazil and in an obvious reference to President-elect Donald Trump, he said nobody can reverse US progress on clean energy. While the Biden administration …
Oklahoma Corporation Commissioners will meet Wednesday but there are no votes planned on any rate hikes proposed by state utilities. The agenda is below for the 1:30 p.m. meeting. Consideration of and possible vote(s) on proposed or potential orders in cases on the daily signing agenda docket. The Commission may discuss and consider …
Oklahoma will likely not be among those states balking at President-elect Trump’s vow to adopt a “drill baby drill” theme under his administration. After all, it is an oil and gas state. It’s a different story in Colorado where there is all likelihood the state will drag its feet or fight his administration’s energy …
Rural electric cooperatives in New Mexico face some tough renewable energy requirements put upon them by the state’s Public Service Commission. By next year, they will be required to have at least 40% renewable energy and by 2030, the co-ops will be forced to have 50% renewables. It is even higher by 2050, according …
Environmentalists are heaping criticism on North Dakota Gov. Doug Burgum, the choice by President-elect Trump to be Interior Secretary with one group calling him an oligarch and a disastrous pick. Western members of Congress praised the choice because Burgum is a supporter of the oil and gas industry. After all, his state is home …
** The Biden administration is weighing a last-ditch push for an international agreement that would restrict financial support for foreign oil and gas projects before critical talks start in Paris. ** Donald Trump’s pick for energy secretary called net zero a “sinister goal” and drank bleach on camera. Chris Wright, the founder and chief executive of Denver-based Liberty …
The shale plays across the country saw very little change in drilling activity over the past week, based on the latest rig count provided by Baker Hughes Co. The Permian Basin, the nation’s largest play and with the highest number of drilling rigs in action was unchanged with a count of 303 rigs throughout …
Not only was the Permian Basin the largest producer of crude oil in 2023, but a new report from the U.S. Energy Information Administration shows it was also the largest producer of natural gas in the country in the same year. The report showed U.S. production of associated-dissolved natural gas, or associated natural gas, increased …
The Baker Hughes rig report released Friday showed the nation’s oil and gas rig numbers were fairly steady with a decline of one rig, leaving 584 oil and gas rigs active across Oklahoma and the other energy producing states. The decline included one oil rig, resulting in 478 still drilling for oil while the …
The bigger-than-expected increase in U.S. crude oil inventories last week sent prices falling by more than 2% on Friday, creating a weekly plunge of more than 4%. Plus, there was the issue of declining Chinese demand for crude oil. West Texas Intermediate fell $1.68 or 2.45% per barrel to close at $67.02 on the …
