The 25-year franchise agreement that Oklahoma Natural Gas has with the city of Shawnee, Oklahoma will go before voters on Tuesday. They will decide whether to renew the contract which expired in October 2020, according to the Shawnee News-Star. Click here for the story from the Shawnee News-Star.
100 years since oil was discovered in El Dorado, Arkansas
The century mark was hit this week when oil was discovered in the southern Arkansas city of El Dorado eventually making it the oil capital of the state. The well was drilled on Jan. 10, 1921 and a day later, a geyser of oil forced workers to scramble for cover. Click here for more …
US Supreme Court to hear challenge of two Oklahoma refinery operators
The owners of two Oklahoma refineries will get to take their biofuel waivers fight before the U.S. Supreme Court. The court has agreed to hear the challenge of HollyFrontier Corp. and Wynnewood Refining Co. to the EPA’s biofuels mandate after the 10th U.S. Circuit Court of Appeals ruled against them one year ago this …
Stimulus dollars cloud energy industry’s economic outlook
Some in the oil and gas industry in Oklahoma say the federal stimulus money received by the state and its residents has led to a false perception that the economy and industry might be stronger than reported. Petroleum Alliance of Oklahoma President Brook A. Simmons said the recovery of the state’s oil and natural …
Rig counts increase in Oklahoma and the nation
As the COVID-19 pandemic approaches its eleventh month, using March as the year anniversary since the coronavirus forced the cancellation of an Oklahoma City Thunder basketball game and made Oklahomans understand the seriousness of the virus, the state’s oil and gas industry is showing signs of very slight improvement. Rig counts released by Baker …
Oil downturn led the way to a 4% decline in 2020 in Oklahoma’s economy
How hard hit was the Oklahoma economy in 2020? How about a 4% pullback compared to 2019. Figures have been released showing what the COVID-19 pandemic did to Oklahoma’s oil and gas industry and in turn to the state’s economy. State Treasurer Randy McDaniel said the pandemic, high unemployment and “an oil downturn” resulted …
Taiwan gets first Cheniere Energy LNG shipment
Cheniere Energy’s first liquefied natural gas shipment to Taiwan arrived over the weekend. Reuters reported Taiwan’s state-owned CPC Corp received the first of more LNG cargoes from the Texas company and in all liklihood, some of gas came from Oklahoma’s STACK play where Cheniere operates the Midship pipeline. Cheniere inked a 25-year deal with …
Nebraska ethanol plant called a danger to a nearby town
A Nebraska ethanol plant is now being called a danger to a nearby community because of the pesticide-treated seeds it included in the making of the biofuel. The AltEn plant is located at Mead, Nebraska, a town of about 500 not far from Omaha. Its use of the seeds coated with fungicides and insecticides reportedly …
More than 3,500 energy bills enacted by states from 2013 to 2019
A new report shows how legislatures across the U.S. have reacted to growing changes in the energy industry, resulting in thousands of new energy laws over the past several years. The report by Colorado State University’s Center for the New Energy Economy found more than 3,500 energy-related bills became law from 2013 to 2019 in …
January ODOT Commission meeting scheduled for Monday, Jan. 11
The Oklahoma Transportation Commission meets Monday to not only get a review of its 2020 projects but learn about the impact of recently approved federal budget bill. Transportation Secretary Tim Gatz, who is also Executive Director of the Oklahoma Department of Transportation will give the briefing. The Commission’s agenda also showed Gatz will provide …