A new Dallas Fed Energy Survey claims oil and gas activity still grew in the fourth quarter 2022 but also showed a slowdown from previous months. The survey by the Eleventh District of the Federal Reserve Bank of Dallas was based on the response of oil and gas executives. It also showed activity was …
Category: General
Entergy might have to make $500 million in refunds
The Federal Energy Regulatory Commission says Entergy Corp owes up to $500 million or ore in refunds to its ratepayers in Arkansas and Louisiana. The rulings on Friday pertained to the company’s management and operation of the Grand Gulf nuclear plant reported the Northwest Arkansas Democrat Gazette. Click here for Democrat Gazette.
Energy headlines
** The states hit hardest by blackouts in last week’s winter storm have significantly increased reliance on heating homes with electricity over the last decade, putting more strain on the power grid when temperatures plummet. ** General Motors has begun the long process of installing the 40,000 Level 2 charging stations it announced as part of …
Canoo sues former executives over alleged plot to steal company secrets
While EV maker Canoo prepares to create a manufacturing plant in Oklahoma City with the help of a $1 million incentive from the city, the company has sued some of its former executives and accused them of plotting to steal company secrets. Business Insider reported the suit claimed the former execs wanted to start …
Texas Governor wants Atmos Energy investigated following winter freeze
Texas Gov. Greg Abbott asked Texas regulators to investigate Atmos Energy Corporation after the company asked its customers to cut natural gas use during this month’s winter freeze. Bloomberg reported the governor notified the Texas Railroad Commission on Wednesday asking the agency why Atmos could not provide natural gas services to customers. Click here …
Energy Department shows interest in Oklahoma’s hydrogen hub
The plan by Oklahoma, Arkansas and Louisiana to develop the HALO Hydrogen Hub has drawn the reported interest of the U.S. Department of Energy. The three states that launched a partnership earlier in the year are seeking $1.25 billion in federal funding. Click here for The Oklahoman
Early Christmas for Devon Energy in Oklahoma’s STACK play
Oklahoma’s STACK play proved to be another source of success for Devon Energy as the company filed completion reports on four wells on a single pad with more than 3,600 barrels of oil a day and more than 19,000 Mcf of natural gas in production. Christmas came early when the wells were completed …
EPA probes Colorado for pollution discrimination
Is Colorado discriminating against Hispanic residents when it comes to regulation of air pollution from industrial facilities? It’s what the Environmental Protection Agency is investigating and has been since March according to the Associated Press. Click here for Associated Press
Biden administration shows poor performance in environmental enforcement
As much as he is anti oil and gas and a proponent of green energy, President Biden’s administration hit a two decade low this year in Federal environmental enforcement. A new report by the Environmental Integrity Project said the 72 civil enforcement cases closed in court during the fiscal year that ended in September …
Bice calls for restoration of U.S. energy independence
Reflecting on her second year in the U.S. House, Rep. Stephanie Bice said it’s not only a time to halt what she called the “reckless agenda of House Democrats,” but also a time to restore American energy independence. In a note to her constituents, the Republican Congresswoman called the restoration of U.S. energy independence of …