While oil prices fluctuate over the latest effort to stop Venezuela from shipping oil elsewhere and the war in Ukraine creates an unsteady view of whether there will be a global oil glut or not, the number of oil and gas rigs active in the U.S. grew by 3 in the past week. The …
Crude oil prices were up slight in Tuesday’s trading but major gains were recorded in the price of natural gas and Oklahoma energy stocks. Oil prices finished higher as investors questioned whether there would be disruptions to oil supply from Venezuela and Russia. Then, there was the factor of stronger-than-expected U.S. economic growth. Reuters …
Oilfield crime draws New Mexico AG’s attention in Permian Basin Attorney General meets law enforcement after cartel-linked thefts Growing concerns about organized crime in the oil and gas fields of New Mexico have reached the office of Raul Torrez, prompting a coordinated law enforcement response in the heart of the Permian Basin. Torrez recently traveled …
Federal environmental review favors continued DAPL operations The U.S. Army Corps of Engineers says the Dakota Access Pipeline should continue operating, although with ongoing environmental safeguards and monitoring requirements. The Corps on Friday released a long-awaited Environmental Impact Statement (EIS) evaluating the environmental effects of the 1,100-mile oil pipeline. The review follows years of legal …
When it comes to greeting someone for Christmas, we have a variety of ways……and that’s just what we’ll do as we take a break for Christmas and return with our usual energy news on December 29.
** The United States apprehended an oil tanker off Venezuela on Saturday, a move Caracas called a “theft and kidnapping,” according to U.S. officials. The action marks the second tanker interdiction in two weeks and follows President Donald Trump’s announcement of a blockade targeting sanctioned oil vessels entering or leaving Venezuela. ** Texas grid officials …
While Venezuelan oil tankers are the target of seizure by the U.S. Coast Guard and more Ukrainian attacks damaged Russian oil tankers, the incidents have raised the risk of global oil supply disruptions. As a result, crude oil prices on Monday rose nearly 3%. Reuters reported the U.S. Coast Guard tried to intercept an …
Rep. David Hardin, R-Stilwell, responded to a federal court order issued Friday that placed new restrictions on poultry litter use in the Illinois River watershed, a decision he said could have devastating consequences for poultry farmers and rural communities across several eastern Oklahoma counties. The ruling limits land application of poultry litter, imposes financial penalties …
Federal Judge Blocks Colorado Natural Gas Warning Law Injunction halts enforcement of gas stove labeling requirement Colorado’s effort to impose new restrictions on natural gas appliances ran into a significant legal setback after a federal judge blocked enforcement of a recently enacted state law requiring warning labels on gas-fueled stoves. The law, HB25-1161, was approved …
Regulators in the state of Louisiana have acted to allow faster approval and construction of data centers. They’ve adopted a new rule which suspends some consumer protections to help utility companies if they need to build power plants for certain industrial developments which included data centers. While Oklahoma Corporation Commissioners have struggled with rate …
