Oklahoma is ranked number one in the U.S. when it comes to preparedness for the drone industry according to the Mercatus Center at George Mason University, and with that in mind, Congressman Frank Lucas was successful in getting a drone bill passed out of the House committee he chairs. The House Committee on Science, …
Category: General
Troubled Texas refineries had history of environmental problems
A report shows there were numerous environmental compliance problems at three Texas Gulf Coast refineries that caught fire in separate incidents this month, one that left a worker killed. Oil & Gas Watch reported there was a combined 5,469 violations over a decade but few penalties. Click here for Oil & Gas Watch
Energy briefs
** U.S. natural gas production is expected to rise until 2050, according to a report released Tuesday by the Energy Information Administration (EIA), which said most of the demand fueling that increase will be driven by exports to foreign markets. U.S. domestic gas demand will stay flat or decline as renewables come online, the report found. But …
Five-County transmission line approved in Southeast Kansas
NextEra Energy’s controversial transmission line project spanning five eastern and southeastern Kansas counties has won approval from Kansas regulators. The Kansas Corporation Commission gave its nod of approval to the route that would cut through Coffey, Anderson, Allen, Bourbon and Crawford counties, connecting Wolf Creek nuclear power plant near Burlington to the Blackberry Substation …
Mitchell Talks Energy—the latest edition
Major energy deals involving Oklahoma firms—-they were a key topic of conversation in the latest edition of the “Mitchell Talks Energy” podcast. He and Jerry Bohnen of OK Energy Today take a dive into a $100 million deal for Oklahoma City’s Galvanic Energy, what U.S. Rep. Tom Cole and others feel about “economic coercion” by …
U.S. crude drawdown sends oil prices up
A large unexpected drawdown of U.S crude inventories sent crude oil prices up 2% in Wednesday’s trading. Adding to the impetus was a warning from the Saudi energy minister that raised the possibility of more OPEC+ production cuts. West Texas Intermediate crude in the U.S gained 2% or $1.43 a barrel to close at …
PSO’s $155 million rate hike settlement faced pointed challenges before Judge
The manner in which Attorney General Gentner Drummond’s office handled a recent settlement agreement on the $155 million rate hike request by Public Service Company was criticized by at least two organizations that oppose the request. The Oklahoma Industrial Energy Consumer’s attorney Thomas P. Schroedter objected at the start of an Administrative Law Judge’s …
Crude stocks grew at Cushing Hub while nation’s storage declined in past week
While crude oil stocks at the Cushing Hub grew by nearly 2 million barrels in the past week, the nation’s storage total fell. The U.S. Energy Information Administration reported the nation’s crude stocks fell by nearly 12 million barrels, going from 467.6 million barrels on May 12 to 455.2 million barrels as of May …
Study shows many firms ignore ESG efforts
Weeks after Oklahoma blacklisted 13 firms for using ESG and banning financial dealing with the oil and gas industry, the environmental nonprofit Planet Tracker released results of a report showing the world’s biggest asset managers are consistently voting against proposals intended to protect biodiversity. The study found that some ESG efforts are failing …
Protests greet BLM over lease sales in Kansas and New Mexico
A Bureau of Land Management offer of more than 10,000 acres of public land for auction to the oil and gas industry in Kansas and New Mexico drew strong protests this week from environmental groups. The groups demand a halt to the sale that was scheduled for Thursday, May 25. The sale included 6,844 …