Gasoline prices rose several cents a gallon in the past week in Oklahoma, resulting in a statewide average of $2.10 a gallon, still low enough to rank in the top ten lowest states in the country, according to Oklahoma AAA. The new average is three cents lower in the past month. The organization reports gasoline …
After winning a more than $4 million verdict in a fight over water pollution allegedly caused by natural gas fracking in Pennsylvania, two families find themselves with nothing but a new trial. A Pennsylvania federal judge has thrown out the $4.24 million verdict against Houston-based Cabot Oil and Gas Corporation, one of the largest natural …
The Oklahoma Chapter of the Sierra Club is planning a lobby day tomorrow to encourage state legislators to do more to promote solar energy. In an email invitation, chapter president Johnson Bridgwater said a presentation will be held Wednesday afternoon from 1:30 p.m. until 3:30 p.m. in the “Blue Room” of the capitol. Afterward, Sierra …
Snow in April in Oklahoma? It’s what the Oklahoma Mesonet is indicating—at least in the far western reaches of the state’s Panhandle. State Climatologist Gary McManus asks the question, “SNOW??? Yes, there will be a pretty decent chance of snow across the western Panhandle. We’re not talking a blizzard here, but snow in April is …
With oil inventories reaching nearly a ten-month high in Cushing, the nation’s largest commercial storage depot, it’s another headache that oil producers in West Texas have to face. But first, they have to deal with producing too much oil for the pipeline system that exists in the Permian Basin. The production is close to outgrowing …
Dallas-based Energy Transfer Partners, L.P. is hunting for customers of its Bakken pipeline in North Dakota including the newly-opened Dakota Access line. Together with Energy Transfer crude Oil Company, LLC, the firms have launched a Binding Supplemental Open Season to solicit shipper commitments for transportation service for Bakken/Three Forks production. Dakota Access and Energy …
A $400 million deal means increased ownership in the Rockies Express Pipeline LLC by Leawood, Kansas-based Tallgrass Energy Partners, LP. The purchase of 24.99 percent was made from Tallgrass Development AP and gives Tallgrass Energy a nearly 50 percent interest in the line. The deal will also result in Tallgrass Energy getting part of a …
Despite a slight dip in economic conditions in Oklahoma and 8 other states, the latest Mid-America Business Conditions Index is still indicating growth and strength, according to Creighton University economist Ernie Goss. The overall economic index for the nine Midwest and Plains states dropped to 60.1 in March from 60.5 in February, the first decline …
The nation’s oil and gas rig count continued to grow last week as 15 more rigs were added reaching a total of 824 while Oklahoma’s count remained at 118, according to the Baker Hughes Company of Houston. The new national count saw 10 more rigs added to the oil rig count which is up …
Some energy-related bills are going before a State House Appropriations and Budget committee on Monday. SB475 by Senate President Mike Schulz deals with the state’s gross production tax and the required filing of certain reports. The bill calls for reports to be filed disclosing the actual soil of oil on which the 12.5% gross production …