Nearly two months after promising to investigate huge energy bills and rolling blackouts during the February winter storm, Oklahoma leaders have finally unveiled their plan to help consumers pay off an estimated $4.5 billion bill. The plan was laid out to the public this week after utilities went to the Corporation Commission asking …
The Texas winter storm in February hit Oklahoma-based Continental Resources resulting in a drop of first-quarter production by nearly 6,000 barrels of oil equivalent a day. The company made the announcement Tuesday and said it expects to average nearly 152,000 barrels of oil a day along with natural gas production averaging nearly 935 million …
A report suggests that by the end of the year nearly half of all oil pipelines from the Permian basin will be empty because of the coronavirus pandemic and the effect it had on the oil and gas industry. By the fourth quarter, total utilization of the largest oil pipelines from the Permian is …
Monday was an up day for crude oil prices in the U.S. and in Europe.West Texas Intermediate crude for May deliver went up 38 cents to settle at $59.70 a barrel in trading on the New York Mercantile Exchange.Global benchmark Brent crude for June delivery rose 33 cents to $63.28 a barrel on ICE …
** Two South Korean electric vehicle battery makers resolve a long-running trade dispute with a $1.8 billion settlement that will allow SK Innovation to complete construction of sprawling factories in Georgia. ** The U.S. Army Corps of Engineers says it will allow the Dakota Access oil pipeline to continue operating without a federal permit as the agency conducts a new environmental …
Oklahoma Congressman Markwayne Mullin and other Republicans on the House Energy and Commerce Committee announced who will take part in their Keystone XL pipeline forum planned for Tuesday. Entitled “President Biden’s Cancellation of the Keystone XL Pipeline and American Jobs,” the forum will feature Scott Moe, premier of Saskatchewan; Austin Knudsen, attorney general of …
Under a new law signed by Kansas Gov. Laura Kelly, utilities will face new requirements before using eminent domain to construction electric transmission lines. WIBW TV reported the governor signed House Bill 2321 into law. Click here for WIBW story.
Environmentalists complain how a 2017 law Oklahoma enacted to protect energy facilities from protesters has spread to other states. The movement is growing as oil and gas companies seek protection from criminal damage caused by protesters who often trespass in an attempt to block pipelines and other projects. Inside Climate News carried a report …
Amazon and other big corporations recently sent a warning to Texas legislators not to mess with wind power and drive up its costs. Amazon, Berkshire Hathaway Energy, Goldman Sachs, and a number of other firms warned the Texas House of Representatives against passing a bill that the corporations contend would “unfairly shift the cost of …
The most electricity generated in Texas in the month of March came from wind turbines according to a report by Reuters. The news agency quoted federal energy data and explained that analysts at S&P Global Platts stated it was the first time that wind power generated more electricity than gas-fired power plants. Wind generated …