Category: Oil & Gas

Mitchell Talks Energy With Jerry Bohnen—podcast explores energy bills that aren’t really dead

  So you think some of the controversial bills in the Oklahoma legislature including the so-called ROFR/NOFR measure are dead? Think again as this week Scott Mitchell and Jerry Bohnen explain why the term ‘dead for the session’ is untrue and which energy-related bills deemed lifeless in April will likely regenerate in May. Plus a …

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Crude oil prices fell on Monday while Oklahoma energy stocks made gains

Crude oil prices dropped on Monday as investors still feel that despite the tension between Israel and Iran and Israel’s continued war against Hamas, they don’t think there is serious risk to the flow of oil out of the Middle East. West Texas Intermediate crude prices in the U.S. closed down 29 cents or 0.35% …

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Corporation Commissioner wants AG opinion whether agency is obstructing him over public records

  Oklahoma Corporation Commissioner Bob Anthony upped the ante in his fight to obtain public records into his ongoing efforts to investigate what he alleges was wrongdoing and excessive costs of $5 billion in the 2021 winter storm Uri ratepayer-backed bond issues. He asked Attorney General Gentner Drummond on Monday for a legal opinion whether …

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Researchers in New Mexico study ways to store hydrogen

  If the U.S. moves ahead with development of hydrogen as an energy source, there’s a major question of how to store it. Research is underway in New Mexico at the Sandia National Laboratories into examining the use of abandoned natural gas and oil fields to store hydroden underground. The labs, located in Albuquerque have …

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Energy briefs

** The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working. ** In 2018, Akron-based FirstEnergy donated $2.5 million to a Republican Governors Association-affiliated …

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AARP plans to update members about one of the latest possible rate hikes

  AARP Oklahoma plans an update this week to its members regarding some of the latest utility rate hike requests before Oklahoma Corporation Commissioners. A virtual conversation is scheduled on the AARP Oklahoma Facebook page on Thursday, April 25, at 11 a.m. to discuss AARP Oklahoma’s advocacy work. AARP Oklahoma State Director Sean Voskuhl and AARP Oklahoma …

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Study contends State’s Energy Discrimination Elimination Act hurts Oklahoma

A new study by the Oklahoma Rural Association claims the two-year old law created by the legislature to target financial firms that discriminate against the state’s oil and gas industry is far more harmful than beneficial to the state’s economy. The Association is a group that promotes rural Oklahoma as well as business and industry …

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Interior Secretary bans new mining and oil and gas exploration on some New Mexico land

  By signing a document during a recent ceremony, Interior Secretary Deb Haaland just banned mining and oil and gas drilling on more than 4,200 acres of land in New Mexico. The land in question is just northwest of the city of Albuquerque and is managed by the Bureau of Land Management in an area …

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Nation’s largest pipe manufacturer to expand operations in Arkansas

    The country’s largest steel pipe and tube manufacturer, Zekelman Industries of Chicago plans to invest up to $120 million to expand its manufacturing plant in northeast Arkansas. The move means an increase to more than 300 employees at its Atlas Tube plant in Blytheville. The company, in its announcement, stated it will also …

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US and Oklahoma rig counts made gains in the past week

  The nation saw a gain of active oil and gas rigs over the past week as the rig count grew by two to reach 619, according to the Baker Hughes rig count released Friday. The gain included 5 oil rigs to reach a total of 511 while the number of gas-drilling rigs fell by …

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