Category: Oil & Gas

Energy briefs (Tuesday)

** Michigan’s highest court has yanked Enbridge’s Line 5 pipeline back into the legal spotlight, agreeing Friday to hear Tribal Nations and environmental groups who say the state’s Public Service Commission broke the law when it signed off on a tunnel beneath the Straits of Mackinac. ** U.S.-listed nuclear energy exchange-traded funds (ETFs) have experienced …

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Wichita Falls Hyperscale Data Center Moves Forward

Wichita Falls Prepares for Major Data Center Development One of the latest cities to embrace large-scale technology growth is Wichita Falls, Texas, just across the Red River from Oklahoma. The city’s Economic Development Corporation recently approved selling more than 225 acres of land in its business park to Texas Data Center Campus LLC. Final approval …

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Williams a step closer to winning New York approval for gas pipeline into New York City

    Leaders at Tulsa’s Williams Companies must be holding their collective breath following a critical vote this week by New York’s Public Service Commission on a plan to supply natural gas to New York City. The Commission did not specifically vote to support the Williams’ Northeast Supply Enhancement pipeline to carry gas from New …

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Elk City Rep. Nick Archer Elected Energy Council Leader

  Oklahoma Lawmaker Takes International Energy Leadership Role Rep. Nick Archer, R-Elk City, has been elected vice chair of The Energy Council, an international nonpartisan organization dedicated to advancing energy policy. The announcement came during the Council’s annual meeting in Anchorage, Alaska. Nick Archer will serve as vice chair until stepping into the chairmanship during …

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Oklahoma’s Rig Count Holds Steady U.S. Sees Slight Increase

  Oklahoma’s Rig Count Remains at 42 Oklahoma’s rig count held steady at 42 active rigs, while the U.S. saw a modest gain in oil and gas rigs last week. According to the Baker Hughes Rig Count released Friday, the total number of rigs operating nationwide increased by three, reaching 542. The gain came from …

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Never-ending electric rate increases felt across the U.S.

      While pondering your latest electricity bill from your Oklahoma utility, you might be interested in knowing that electricity rates jumped 6.6% over last year on average as of June. But some states saw increases nearly 4 times that average. consider the average in Maine where rates soared 25.5% or the District of …

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Energy briefs

** Oil and gas industry insiders say they didn’t ask for the U.S. EPA to pause greenhouse gas emissions reporting, saying they would prefer modifications to the program instead. ** The Interior Department cites a failure to reach an agreement on mitigating electromagnetic impacts in its first explanation for why it halted work on Revolution …

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Crude oil prices fell more than 1% on Friday—natural gas dropped as well

    Large supplies and falling demand sent crude oil prices falling by more than 1% on Friday. Plus, Oklahoma energy stocks suffered too. The worries of supplies proved to be more than expectations the year’sfirst interest-rate cut by the Fed might boost more consumption. As a result, Brent crude fell 76 cents or 1.1% …

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Oklahoma family forced to leave home following oil leak

  The Oklahoma Corporation Commission is investigating a possible oil leak that has already contaminated a house near Fort Gibson and forced a family to evacuate. The Commission is attempting to determine the source of the oily mess that is leaking into the home of Mitch and Kara Meredith.  Plumbers were called but so far, no …

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Poll: Americans Want Bigger Grid, Cheaper Power

    Voters Want Grid Expansion but Cheaper Electricity A new poll shows most Americans want a bigger  grid to handle surging energy demand. At the same time, voters are frustrated with constant utility rate hikes and want cheaper monthly bills. The survey covered likely voters in Ohio and Pennsylvania, two states in the backlogged …

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