Some of the towns and counties where a proposed $2.5 billion Grain Belt Express transmission line would be built in northern Missouri are fighting for the wind project. They are lobbying the Missouri legislature against other efforts to kill the line that would transport wind-powered electricity from southwest Kansas to Illinois and Indiana …
Category: General
Federal bank reports increased energy activity in Midwest
Energy activity in Oklahoma and other states that make up the Federal Reserve Bank of Kansas City District remained strong in early 2022. The bank released its first quarter Energy Survey and according to Chad Wilkerson, Oklahoma City Branch executive and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth …
Regulators name new Secretary
The Oklahoma Corporation Commission recently appointed a new Commission Secretary. Commissioners named Amy L. Cummings to be the new Secretary. She replaces Peggy Mitchell who retired after many years of service to the Commission.
World and US energy headlines
** The Center for Biological Diversity and Fallon Paiute Shoshone Tribe are threatening to sue the Bureau of Land Management if it does not stop construction on a geothermal power plant in Nevada. The groups warn Ormat’s 60-megawatt Dixie Meadows project threatens a toad species found only at that location that was granted emergency endangered species protections earlier …
Oilfield thefts net pair 57 years in prison
Two men caught stealing oilfield equipment in 2021 in northwest Oklahoma are headed to prison for decades behind bars. Their sentencing stems from the July 2021 arrests of Neal Scrimsher, 50 and Harold Willson, 34 by the Alfalfa County Sheriff’s Department. The two had been taken into custody after deputies received a tip that the …
Crude prices recorded gains on Friday
After a 2% increase in oil prices on Friday, investors await Monday’s trading day to see what happens after countries announced plans to release crude oil from their strategic stocks. West Texas Intermediate crude for May delivery went up $2.23 to $98.26 a barrel on Friday at the New York Mercantile Exchange. Global benchmark …
Canoo EV plant opening delayed for two years
Oklahoma will have to wait nearly another two years before the Canoo EV plant planned near Pryor will be open for production. The company has pushed back the projected opening date for the factor to 2024 reported The Frontier. Click here for The Frontier
ONG bond case faces challenge from former legislator
Former Broken Arrow legislator Mike Ritze has filed a challenge to a utility seeking millions of dollars in storm relief through the ratepayer backed-bond process called securitization. Ritze filed a challenge to the $1,450,000,000 in ratepayer-backed bonds sought by Oklahoma Natural Gas Company through the Oklahoma Development Finance Authority. The request was filed in …
Rep. Mullin told the President he and his socialist agenda are to blame for the energy crisis
Oklahoma Congressman Markwayne Mullin suggests President Biden has forgotten the reason the Strategic Petroleum Reserve was created. And he told him so in a direct letter mailed April 8. He wrote the President this week urging him to reconsider releasing more oil from the SPR and bluntly told him his release of more crude …
Rig counts increased in Oklahoma and US in past week
The latest Baker Hughes rig count shows Oklahoma’s numbers increased by one to reach a total of 50 active rigs in the state while nationally, numbers jumped 16 to reach a total of 689. The latest count included an increase of oil rigs by 13 to reach 546 and the number of gas rigs …