Category: General

Haley and DeSantis argued over fracking

  In case you missed it amidst all of the bickering and interruptions by the candidates during the Wednesday night televised debate by 7 Republican presidential hopefuls, two of them, Florida Gov. Ron DeSantis and former South Carolina Gov. Nikki Haley argued over fracking. “What you don’t need is a president who is against energy …

Continue reading »

Southwest New Mexico to be site of lithium development project

  As lithium development moves ahead in southern Arkansas, site of the Smackover Formation, it is also progressing in New Mexico. That’s where Canadian Company, Lancaster Resources Inc. has submitted applications to the State of New Mexico Energy, Mines, and Natural Resources Department (EMNRD) and Bureau of Land Management (BLM) to drill up to three …

Continue reading »

North Dakota reaches all time high natural gas production

  North Dakota, where Oklahoma-based oil and gas companies have major operations, had a new all-time high production of natural gas in July. Lynn Helms, the director of the North Dakota Department of Mineral Resources recently announced the state had production of 3,289,759 million cubic feet a day or 101,982,539 Mcf of natural gas. The …

Continue reading »

Senator Mullin accuses Biden of climate hysteria

  President Biden’s climate hysteria is a gift to Russian President Vladimir Putin. It’s what Oklahoma U.S. Sen. Markwayne Mullin says who believes the U.S. and Ukraine would be better off by restoring American energy independence and at the same time increasing exports to other countries. “Biden’s emotional tugs of climate hysteria have emboldened our …

Continue reading »

Large carbon capture project revealed in West Texas

  A carbon capture and storage site the size of 10,000 acres will be built in the Permian Basin of West Texas. It could be operational as early as 2025, according to Milestone Carbon, the company planning the operation in Midland and Upton Counties. Click here for NewsWest 9

Hail leaves home solar units destroyed in Austin, Texas

  One of the risks of solar power is mother nature, i.e. hail. Just ask residents of Austin, Texas who learned the hard way when a thunderstorm dropped hail the size of golf balls last weekend. KVUE TV in Austin reported the hail shattered rooftop solar panels on homes. “We got them because we thought …

Continue reading »

Headlines

** Besides subsidizing the electric vehicle (EV) industry with a staggering $15.5 billion, the Biden administration is investing an additional $100 million in federal funding to prioritize the repair and replacement of EV charging stations throughout the U.S. ** President Biden on Wednesday approved an emergency declaration for the state of Louisiana after Gulf of Mexico saltwater entered the drinking water …

Continue reading »

$150 dollar ahead? One OKC oil executive says it’s coming

With U.S. oil prices teasing the $94 a barrel level, there’s growing speculation that prices could easily top $100 and maybe even $150. Who’s making such a prediction? Doug Lawler, Chief Executive Officer of Continental Resources, the company founded by Harold Hamm. Lawler made his prediction in a recent interview with Bloomberg TV and said …

Continue reading »

Crude oil gains 3% and U.S. prices are closer to $94 a barrel

  Not only did crude oil prices make a 3% gain in Wednesday’s trading, largely because of the steep drop in U.S. crude stocks such as those at the Cushing Hub, but Oklahoma energy stocks soared 4% and 5%. U.S. crude prices rose to nearly $94 a barrel, no doubt generating speculation of just how …

Continue reading »

Crude stocks at Cushing Hub and across the U.S. fall again

  There is a reason crude oil prices rose by 3% in Wednesday’s trading and you have to look no further than its storage in Cushing, Oklahoma and other major sites. Crude oil stocks across the U.S., including at the Cushing Hub in Oklahoma, took another drop over the past few weeks, reported the federal …

Continue reading »