Virtual meetings returned to the Oklahoma Corporation Commission this week following a recent spike in the number of COVID-19 cases that affected the giant agency. The Commission announced that an annual Summer Industry Roundtable Meeting planned by its Petroleum Storage Tank Division on Thursday, July 14 would be held “virtually by Zoom.” The meeting …
Category: General
New Mexico launches Climate Change Bureau
New Mexico leaders are so serious about climate change that they created a state Climate Change Bureau. The state’s Environment Department announced this week the formation of the new bureau along with a Cannabis and Hemp Bureau. and also said there would be funding for a number of high priority programs related to water infrastructure improvements, …
Iowa group fights proposed wind farm
An anti-wind farm group in Iowa has filed suit to stop construction of a proposed wind farm. The Tama County Against Turbines coalition was formed in March and filed suit against the Tama County Board of Supervisors reported the Iowa Capital Dispatch. Click here for Iowa Capital Dispatch
Wind operator NextEra acquires south Texas water operations
NextEra Water Texas, LLC, an indirect subsidiary of NextEra Energy Resources, LLC, announced that it has completed the previously announced acquisition of a portfolio of rate-regulated water and wastewater utility assets in eight counties near Houston, Texas, from Quadvest, L.P. “This acquisition marks our first purchase of water and wastewater assets and furthers our strategy …
Williams to release 2Q results in early August
The second-quarter 2022 financial results of Williams Companies will be released in a few weeks. The Tulsa-based company stated this week the financial report will be released after the close of markets on Monday, Aug. 1 of this year. The company’s second-quarter 2022 earnings conference call and webcast with analysts and investors is scheduled …
Crude oil prices hit 3-month low and took OK energy stocks with them
Growing worries about a possible recession resulted in crude oil prices tumbling Tuesday to a three-month low. At the same time, world stocks were mixed in trading as traders showed their concerns about the health of worldwide economies. Oil prices ended down 4% while natural gas prices fell nearly 8%. West Texas Intermediate crude …
Oilfield workforce struggles hit GDP in Oklahoma and other states
The struggle by oil and gas companies to restore their workforces is evident in the latest report showing Oklahoma and other energy-producing states had the biggest drops in Gross Domestic Products in the first quarter of 2022. It’s clear that the effort to put workers back into the oilfields is so challenging that it …
Lucas praises scientists for James Webb space picture
When the startling picture of space taken by the James Webb Space Telescope were unveiled to the public this week by President Biden, Oklahoma congressman Frank Lucas was among those marveling at the clarity and preciseness of the photograph. Rep. Lucas, the ranking member of the U.S. House Science, Space and Technology committee immediately offered …
Old gold mine center of ‘dark matter’ research
A mile-deep former gold mine in South Dakota is the center of a scientific project in the search for ‘dark matter.’ The site is Lead, South Dakota reported the Bismarck Tribune. Click here for Bismarck Tribune
OKC man accused in oil fraud case won’t stand trial until 2023
An Oklahoma City federal judge has ruled a defendant in an alleged scheme involving confidential drilling plans of Continental Resources won’t stand trial until February 2023. The Oklahoman reported the ruling came in the criminal fraud charges against Blaine Dyer, who, if convicted, could face 30 years in prison. Click here for The Oklahoman