The arrival of what some weather advisors call Winter Storm Blair and the threat of snow and ice from the central part of the U.S. to the East prompted the Southwest Power Pool to issue a Weather Advisory on Thursday. The advisory’s time period will cover the anticipated length of the winter storm into …
Category: General
Oklahoma’s crude oil production increased in October
Oil production in Oklahoma increased from September to October of 2024, according to a monthly report from the U.S. Energy Information Administration, but the total was nearly 6% below a year ago. The EIA released its monthly report this week and it showed Oklahoma’s crude oil production for October 2024 was 393,000 barrels a …
LNG exports had slowest growth since 2015
A new report suggests the Biden administration’s freeze on new LNG projects and sanctions against Russia kept global liquefied natural gas exports seeing their slowest growth since 2015. It also means prices will be elevate until new supplies come online. The LNG market has been finely balanced since the 2022 invasion of Ukraine cut …
Ranchers vs. Big Oil in Wyoming water fight
A water fight is underway in Wyoming and it’s a case of ranchers taking on Big Oil. In this case, the ranchers have appealed a decision giving extensive water rights of the North Platte River to the HF Sinclair refinery. Click here for Cowboy State Daily
Bill is filed in legislature to end grandfathered tax subsidies for wind farms
Sen. Jonathan Wingard, R-Ada, filed legislation this week to end state tax subsidies for wind farms. The state significantly scaled back the zero-emission tax credit when former Gov. Mary Fallin signed legislation eliminating the tax breaks for wind facilities that became operational after July 1, 2017. Some wind farms, however, have been grandfathered in …
Oklahoma Turnpike tolls officially went up this week
Drivers on Oklahoma’s turnpikes started paying more on New Year’s Day and in some cases, it’s a 20% hike for users. According to the Turnpike Authority, the typical turnpike user and PIKEPASS customer is paying about 1-cent more per mile, amounting to a statewide average of 7 cents per mile to use the system. …
Appeals Court sides with Noble Energy in Colorado royalties fight
The Tenth U.S. District Court of Appeals recently ruled Chevron Corp. subsidiary Noble Energy Inc. didn’t have to pay millions of dollars in additional royalties in a fight with Phelps Oil and Gas LLC of Colorado. Phelps had filed a class action lawsuit against Noble, alleging underpayment of royalties. Noble produces natural gas from …
Last minute oil and gas drilling ban announced by Biden administration
Joe Biden might not be the man really in control of his administration, but one thing is clear, someone behind the scenes plans to fight Donald Trump’s ‘drill baby drill’ energy policies. Just a few weeks before Trump is to be sworn into office for his second term as President, Biden’s administration came out …
Energy briefs
** Drivers are set for a boost at the pump in the new year as economists predict Donald Trump’s plans to ramp up US oil production will lower prices. Oil is forecast to fall to as low as $60 per barrel in 2025, which in turn could knock as much as 10p from the price of a …
Williams puts Transco expansion into full operation
Williams announced that it has placed into full service the Southside Reliability Enhancement, an important expansion and modernization of Transco in North Carolina and Virginia that provides additional natural gas capacity to meet growing demand for affordable, reliable and clean energy in the region. The Tulsa company’s project adds a total of 423,400 dekatherms …