Williams Cos. isn’t slowing down on its construction projects to meet the demand of natural gas. Speaking this week at the Barclays CEO Energy-Power Conference, CEO Alan Armstrong said his Tulsa-based company is on track to add 12 projects representing nearly 4.2 billion cubic feet a day of capacity over the next three years. …
Category: General
Energy briefs
** A company that pledged to remove used wind turbine blades from a vacant Minnesota property to have them recycled in Ohio abruptly went out of business, leaving state regulators to decide whether to intervene. ** A North Dakota labor union accuses a wind energy developer of hiring out-of-state workers to build a project after promising to use …
Government to fund billions for rural electric cooperatives
A rural electric cooperative in Wisconsin is set to receive $573 million in government funding as part of the Biden administration’s latest massive clean energy effort. The administration annoounced it will spend $7.3 billion from the Inflation Reduction Act to finance the projects for rural electric cooperatives across the nation where 42 million Americans …
Oklahoma’s August gross production tax revenue showed an improvement
Oklahoma State Treasurer Todd Russ reported Oklahoma’s total tax revenue grew nearly 2% in August compared to August of 2023. Gross production taxes on oil and gas also grew more than 2%. In an update of gross receipts to the Treasury, he said total August revenue increased over last year by $24.2 million or …
Crude oil prices dropped Wednesday by more than $1 a barrel and took OK energy stocks downward too
As crude oil futures fell by more than $1 a barrel on Wednesday’s trading, Oklahoma energy stocks fared no better, recording losses for a second consecutive day. Crude fell even as negotiators attempted to bring an end to the stoppage of crude oil shipments out of Libya. The day brought news that OPEC+ was …
Oklahoma set to launch another rural broadband expansion project
Another broadband expansion project will officially be launched in Oklahoma in the coming week as the state uses hundreds of millions of dollars in federal funding to bring the internet to rural areas. The Oklahoma Broadband Office announced it will begin an expansion project with ecoLINK fiber services to improve access to high-speed internet service …
Phillips 66 sells hundreds of miles of natural gas pipeline in Haynesville Shale
Phillips 66 decided to unload 550 miles of natural gas pipelines in east Texas and Louisiana, selling the asset to Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments. The acquisition includes natual gas gathering and processing assets in Panola, Rusk and Harrison counties in Texas and the Caddo parish in Louisiana. Voyager …
Question remains—which fracking ban answer from VP Harris should voters believe?
What did Kamala Harris say about fracking and banning it—and when did she say it? It’s an issue in the presidential campaign as critics of the Vice President contend she has stated and declared in the past she would ban fracking, if she were elected to the White House. In her first TV …
Austin suburb to be site of a South Korean EV manufacturer
Tesla is seeing an EV competitor locating a factory close to Elon Musk’s big electric car plant in Austin, Texas. South Korean-based Futronic USA Inc. chose the growing city of Buda as the site for its first American location. Buda is part of the Austin-Round Rock-San Marcos metropolitan statistical area and is one of Austin’s fastest growing …
Colorado mineral rights holders lose court fight over increased natural gas taxes
Mineral rights owners in southwestern Colorado have lost again in court in their fight against paying $500,000 in taxes on a natural gas pipeline operated by Kinder Morgan. The owners, who formed a group called CO2 Committee, Inc., challenged increased taxes and lost their original lawsuit before the Colorado Supreme Court. The increase in …



