August crude oil production in North Dakota wasn’t what oil and gas leaders had hoped. It was flat according to one state agency. The production, from Oklahoma energy companies and others who have invested exploration in the state, was 1.073 million barrels a day, a drop of 1% according to the North Dakota Department …
Category: General
Drought worsens across Oklahoma
Oklahoma’s drought is only getting worse. The latest Drought Monitor showed the dry areas of the state grew from the previous week. As KOKH Fox 25 News reported, what once was an area that covered nearly 76% of Oklahoma grew to nearly 86%. Click here for Fox 25 News
Rig count grows nationally and holds steady in Oklahoma
Baker Hughes reported on Friday the number of oil and gas rigs across the U.S. increased to 769 in the past week while in Oklahoma, the count was unchanged from the previous week. Nationally, there was a gain of 7 rigs and the number of oil rigs increased by 8 to 610 while the …
Inflation grew more than expected in September
While gasoline prices continue rising in Oklahoma and most of the country, inflation has not abated as reflected in the latest Consumer Price Index released by the government. It shows inflation grew 0.4% in September, more than expected as it rose 0.1% in August. The US Bureau of Labor Statistics reported that over the …
Enel Green Power opens new office and training center in OKC
As the number two wind energy operator in Oklahoma, Enel Green Power recently held a grand opening of new offices in Oklahoma City. The company has a $3 billion wind portfolio in the state, operates 11 wind farms in Oklahoma with two more under construction and the Oklahoma City office located at 525 NW 11th Street, Suite …
Rep. Lucas targets excessive funding of Energy Department program
Oklahoma Congressman Frank Lucas can’t understand why an Energy Department program with a history of mishandling money is getting nearly 400 times more money than its 2022 budget. He and Rep. Randy Weber, another member of the House Science, Space, and Technology Committee want more transparency in the spending of taxpayer’s money and wrote …
Oilfield employment made gains in September
New figures show nearly 49,000 workers were employed in Oklahoma’s oilfields during the month of September. The figures came from the Bureau of Labor Statistics. An analysis by the Energy Workforce & Technology Council also showed oilfield services and equipment sector employment rose by 2,566 jobs to 640,767 in September across the U.S. August …
OKC’s Expo 25 featured Mike Rowe
America’s storyteller, Mike Rowe, spoke to a crowd of 3,000 at Bennett Event Center at the OKC Fairgrounds during the recent Expo 25. The 25th anniversary of the largest industry event in the state celebrated the innovations, technologies, and economic contributions of oil and natural gas in Oklahoma. Rowe recently traveled the state to …
More headlines of energy stories
** California Gov. Gavin Newsom says he’ll call a special session of the legislature to pass a new tax on oil company profits to punish them for what he class is “rank price gouging.” ** Rep. Tom Tiffany, R-Wis., has asked House Speaker Nancy Pelosi to launch hearings into the Biden administration’s request that Saudi Arabia delay a …
Crude prices rose over diesel fuel inventory report
It wasn’t worries over new COVID-19 outbreaks in China or growing concern of investors about the recession, but a report of low levels of diesel inventory ahead of winter that triggered buying on Thursday, prompting a 2% gain for crude oil prices. The gains came after 3 consecutive days of losses. West Texas Intermediate …