A new study concludes that steps taken by the Oklahoma Corporation Commission’s Induced Seismicity Department to limit where and how much oil and gas wastewater is injected underground are reducing the number of strong earthquakes residents experience. A report published by the Seismic Record of a study conducted by Robert Skoumal of …
Category: General
Drought in Oklahoma reduced by recent rains
Oklahoma Climatologist Gary McManus reports recent heavy rains reduced the grasp of the drought in the state from 84% to 18%. Writing in his Thursday morning Mesonet update, McManus explained, “Even better, the amount of Severe (D2) and Extreme (D3) drought dropped from 68% of the state to just 2% during that same time frame. …
Stage set for battle over $83 million rate hike proposed by Entergy Arkansas
Entergy Arkansas wants approval of a more than $83 million rate hike that would raise average utility bills for customers by another $5 a month. It represents a 4.25% increase but the utility’s fourth consecutive annual increase has run into opposition from Arkansas Attorney General Tim Griffin. He calls the increase “artificially inflated” …
More than $2 billion in government funding doled out this week to two hydrogen hubs
The U.S. Energy Department just handed out more than $2 billion this week to two projects creating regional U.S. hydrogen hubs, the kind of project Oklahoma failed to land in an agreement with Arkansas and Louisiana. The department committed up to $1.2 billion in federal cot share for the Gulf Coast Hydrogen Hub in …
Oklahoma turnpikes go cashless
Motorists may now keep on rolling with cashless tolling on all 12 Oklahoma turnpikes. The last turnpike to switch to open road tolling occurred early Wednesday morning on the I-44/Will Rogers Turnpike corridor between Tulsa and the Missouri state line. Starting today through early December, the Will Rogers cash lanes at the Big Cabin …
Energy briefs
** Exxon Mobil Corp. has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply chain. The multiyear deal will cover the supply of as much as 100,000 tons of lithium carbonate from Exxon’s planned project …
Tallest tower to be built in US opposed by OKC Airports Director
Plans by a developer to build the tallest tower, not only in Oklahoma City but the U.S. are being opposed by the Oklahoma City Airport trust. The Oklahoman reports Airports Director Jeff Mulder sent a letter of formal opposition to the Federal Aviation Administration. He contends the proposed 1,907 foot-high building, to be …
Crude oil prices finished down in Wednesday’s trading
Crude oil prices finished lower on Wednesday as U.S. crude stocks rose more than analysts anticipated over the past week. Gasoline stocks were also on the up side. Losses were slowed somewhat by the nagging worries about the growing war between Ukraine and major oil producer Russia. West Texas Intermediate crude’s December contract, the …
Summmit Carbon Solution not giving up in South Dakota
Summit Carbon Solutions, the Iowa company wanting to build a large network of carbon capture pipelines in the upper Midwest is trying again to win approval of part of its project in South Dakota. This time, the company’s request included what it called “major reroutes” as it applied to South Dakota regulators. Summit, the …
Cheaper gasoline greets Thanksgiving Day motorists
A year after Oklahomans paid an average of $2.85 a gallon for gasoline, prices this week are down to an average of $2.56 a gallon. It should make a cheaper drive for those on the road for the coming Thanksgiving Holiday. The American Automobile Association said Oklahoma’s average fell 4 cents over the past …