Oklahoma’s plan for development of a regional clean hydrogen hub with Arkansas and Louisiana will be in some stiff competition for the federal government’s $8 billion in funding. The 3-state proposal received a notice of encouragement by the U.S. Department of Energy, but so did 32 other such projects. The 33 were out of …
Category: General
Gulfport Energy comes under new leadership
Oklahoma City’s Gulfport Energy Corporation named a new President and CEO who’ll formally start his new job this week. The company announced the naming of John Reinhart as President and Chief Executive Officer as well as Director effective Jan. 24, 2023. Tim Cutt, who has served as Chief Executive Officer and Chairman since 2021, …
Cushing hub gains more crude oil in storage
The growing backup of crude oil nationwide has resulted in an increase at Oklahoma’s Cushing Hub where crude oil flows from across the nation. The U.S. Energy Information Administration reported Cushing now houses 31.4 million barrels of crude oil, a gain of more than 6 million barrels since the end of December 2022. The …
Avalanche wiped out power to Colorado town
The southern Colorado town of Ophir is recovering from a massive avalanche that took out electrical power to the residents and businesses on Thursday. Ophir is in San Miguel County and near the popular ski resort of Telluride. It has about 200 residents. The sheriff’s office indicated the avalanche was about 20 feet deep …
Gov. Lujan bashes oil and gas but jumps at using the industry’s revenue
There’s just something contradictory about a Governor of a state vowing to reduce pollution from oil and gas operations, while at the same time wanting an expansion of her spending goals funded by the same oil and gas projects. It’s what New Mexico Gov. Michelle Lujan Grisham did in her annual State of the …
Crude made 1% jump while OK energy stocks recorded strong gains
A 1% gain for crude oil prices on Thursday sent them to their highest closing levels since Dec. 1, 2022 while Oklahoma energy stocks recorded gains. Prices rallied around increased demand by China even as there was a reported second straight week of increasing U.S. crude inventories. West Texas Intermediate crude rose 1.15 on …
Thousands respond to Oklahoma Broadband Office survey
More than 10,000 responses were received by the Oklahoma Broadband Office in its month-long campaign to update the FCC broadband map proposed for the state. The corrections and effort to correct the map could mean $50 million in federal funding to expand broadband service in Oklahoma reported Fox 25 News. Click here for Fox …
Energy secretary fights GOP plan supported by Oklahoma’s US Representatives
Energy Secretary Jennifer Granholm and every member of Oklahoma’s U.S. House delegation have obvious differences when it comes to protecting the nation’s strategic petroleum reserve. A week after all five Oklahoma Representatives voted in support of H.R. 22- the Protecting America’s Strategic Petroleum Reserve from China Act, Granholm offered push back against the GOP pan to put …
Data collection bill filed by state Representative in Oklahoma
Rep. Josh West, R-Grove has refiled legislation that would require consumer consent for all personal data collection and sharing by major technology companies operating in the state. House Bill 1030 would create the Oklahoma Computer Data Privacy Act. “Major technology companies track our every conversation, our spending records, our movements and so much more and …
Williams CEO addressed challenge of carbon emissions
“We have to get this straightened out, whether it is for renewables or whether it is for gas pipeline.” That declaration came this week from Alan Armstrong, the leader of the giant Williams Cos. headquartered in Tulsa. He referred to efforts to do something about carbon emissions. The Tulsa World reported Armstrong discussed the …