The growing amount of oilfield theft in the Permian Basin of West Texas reached the boiling point in recent months, prompting the state legislature to create a task force to target the thieves. In signing three bills to go after the criminals, Gov. Greg Abbott called it an effort “bringing the full weight …
Category: General
Oil rig counts slipped again in Oklahoma and US
A continued slump in the number of oil and gas drilling rigs was reported by Baker Hughes Co. in its weekly rig count released Friday. The nationwide count slipped by one to 554 rigs while Oklahoma’s count fell as well. The number of rigs in Oklahoma dropped two leaving 47 active rigs. It compared …
Scott Mitchell talks energy with Jerry Bohnen—confronting Oklahoma’s growing electricity needs
Oklahoma regulators come to grips with rising electricity needs. What could it mean for ratepayers and for the state’s economy? Scott Mitchell talks energy with Jerry Bohnen.
Crude oil slipped Friday amidst Israel-Iran war
Investors held off on their crude oil purchases Friday with word President Trump indicated he was not ready for an immediate military action in the Israel-Iran war. It led to a more than 2% drop in international crude oil prices. The U.S. also implemented more sanctions against Iran as it appears to be …
Crude oil prices jump 3% on more fighting between Israel and Iran
With no letup in the bombing and missiles between Israel and Iran, crude oil prices shot up nearly as fast as the exchange of warfare is taking place between the two Middle East countries. Prices rose about 3% Thursday as the fighting kept investors on edge about the prospects of how the war …
Cushing wind blade recycling center denied permit
Opponents of a storage of outdated wind turbine blades that appeared in Cushing are proclaiming victory after the Cushing City Planning Commission recommended Thursday the operation be denied a request for a conditional use permit. “WE GOT IT SHUT DOWN!!!,” they proclaimed on social media following the 5-0 vote by planning commissioners. Reports indicated …
Utilities made quick work of storm outages
Nearly all of the thousands of PSO and OGE customers who lost electrical power in this week’s severe weather have the lights back on in their homes and businesses. The storms produced at least six tornadoes across the state and the damage included downed power lines and poles and damage to cross arms …
Crude oil supplies fall across US including Oklahoma’s Cushing Hub
The nation’s crude oil supplies took a big tumble of more than 11 million barrels in the most recent reporting period issued by the federal government. Oklahoma’s Cushing Hub was among those areas where there was a drop in the amount of crude oil in storage. The U.S. Energy Information Administration reported the Cushing …
Sen. Lankford and Rep. Brecheen want EPA to probe whether abortion drug is contaminating water supplies
US Senator James Lankford (R-OK) and Congressman Josh Brecheen (R-OK) are urging the Environmental Protection Agency to investigate the environmental and public health risks of the abortion drug mifepristone, warning that its chemical byproducts may be contaminating the nation’s water supply. “The American people deserve to know what contaminants might be present in their …
Energy briefs
** Hunters are up in arms over potential federal public land sales included in a U.S. Senate budget bill. Prominent groups like the Rocky Mountain Elk Foundation, Wyoming’s Muley Fanatic Foundation, and The Boone And Crockett Club all blasted the proposal. ** Europe will need to step up its role in space as NASA’s budget …