Category: Oil & Gas

Appeals Court upholds ruling against widow of gas rig worker killed 9 years ago

    A widow’s challenge of a Coal County District Judge’s decision in the Dec.. 18, 2014 natural gas rig fire and explosion that killed three men lost her appeal to the Oklahoma State Court of Civil Appeals. In a ruling by Judges Jane P. Wiseman, John F. Fische and Gregory C. Blackwell, the judges …

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Crude oil prices slipped on eve of July 4 holiday

  Thursday, the last trading day before the July 4th holiday in the U.S. brought a slight decline in crude oil prices and it was largely blamed on concerns that U.S. tariffs might slow energy demand. The President’s 90-day pause on higher tariffs comes to an end on July 9 and some large trading partners, …

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Governor says his state is the country’s national security shield when it comes to oil

  Alaska Governor Mike Dunleavy is unabashed in his declaration that the oil in Alaska is the country’s national security security. Saying it’s a “new day” with President Trump in the White House, the governor proclaimed his state, with proven reserves of 3.4 billion barrels of oil and 125 trillion cubic feet of natural gas,  …

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Iran’s latest decision sent crude oil prices upward

  When Iran ended its cooperation with the U.N. nuclear watchdog, crude oil investors responded with increased trading, no doubt because of concerns that Middle East oil production might be interrupted. As a result, crude oil prices rose 3% on Wednesday. One positive note was the trade deal reached between the U.S. and Vietnam. Prices …

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Waiting and watching—LSB’s Mark Behrman

    One Oklahoma City energy executive paying close attention to the One Big Beautiful Bill is Mark Behrman, President and CEO at LSB Industries Inc. He will be focused on the energy tax credits that could be affected. LSB Industries is one company that is taking advantage of some of those credits and Berhman …

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Stored crude oil increased in total across the US but declined at Oklahoma’s Cushing Hub

    The amount of crude oil in storage across the U.S. inceased by nearly 4 million barrels at the end of June, according to the latest crude report from the U.S. Energy Information Administration. Oklahoma saw a decline in its oil held in storage at the Cushing Hub. The U.S. total went from 415.1 …

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SPP grid expands into more western states

  The Southwest Power Pool plan to expand into western states is getting more and more members. A SPP announcement made this week indicating its Markets+ program was in a second phase of development, also revealed eight entities spanning the Desert Southwest, Pacific Northwest and Mountain West regions of the Western Interconnection have signed these agreements, demonstrating …

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Connecticut Governor wants net-zero emissions and natural gas for his state

    Even though Connecticut Gov. Ned Lamont signed legislation into law this week putting the state on a path to net-zero carbon emissions by 2050, he is also taking a serious look at expanding natural gas pipelines into his state. Minutes after he signed the net-zero carbon emissions pledge on Tuesday, Gov. Lamont repeated …

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Other firms join Williams in seeking approval for more gas pipelines into the Northeast

  Tulsa’s Williams company is not the only natural gas pipeline company wanting to resume efforts to build a natural gas supply into the country’s Northeast in light of President Trump’s encouragement by rolling back regulations. Among others expressing plans to expand or build p;ipelines in the Northeast are Boardwalk Pipeline, DT Midstream and EQT. …

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Former Energy Secretary plans 5,800-acre Amarillo campus for AI data centers

    If things go as planned by former Energy Secretary and Texas Gov. Rick Perry, his Fermi America company will build a 5,800 acre campus for AI data centers in the Texas Panhandle and power it with 11 gigawatts of electricity from nuclear, solar, wind and natural gas sources. Fermi America partnered with the …

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