The U.S. exported the most petroleum products, most of it propane, in the first half of 2022 than it has in 49 years, and some of it came no doubt from Oklahoma’s oil patch. While environmentalists and those pushing for ‘green’ energy, including President Biden, have condemned the oil and gas industry, it’s clear …
OGE crews deploy to Florida to assist with Hurricane Ian
OG&E deployed 95 line restoration personnel to Florida on Monday to assist with power restoration as Hurricane Ian approaches the United States. The storm gained strength Monday morning and is projected to pass the west-central coast of Florida midweek. At 6 a.m. Monday, a contingent of over 60 OG&E trucks carrying 95 linemen and support …
Other headlines
** A U.S. Treasury official has ruled out secondary sanctions to enforce a price cap mechanism on Russian oil exports despite a proposal last week by U.S. senators. ** Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said. Analysts expect oil demand to rebound by …
End of September will see departure of Arkansas regulator
Arkansas Public Service Commission chairman Ted Thomas is preparing to leave office at the end of the month after serving 8 years as Arkansas’ top utility regulator. Thomas, 57 and an attorney, is heading to the private sector according to Arkansas Business. The paper reported that Thomas suggested his strong reputation as something of …
Newspaper editors agree with Oklahoma oil and gas industry leaders about EV switch
The Chicago Tribune says Illinois Gov. J.B. Pritzker is for once on the right track—-don’t follow California in banning new, gasoline-powered vehicles. Editors at the paper made the same arguments oil and gas industry leaders in Oklahoma and across the U.S. have been making for some time now. “For an example, look no further than California. …
Anthony’s dissent filled with allegations over winter storm bond use in Oklahoma
Oklahoma Corporation Commissioner Bob Anthony didn’t hold back in his 74-page dissent filed recently over his objections to the state’s use of securitization bonds totaling billions of dollars for utility customers to pay for the 2021 winter storm costs. He raised questions of negligence, incompetence, malfeasance and possible unlawful activity as he wrote about …
Hot weather’s still with Oklahoma—so is the drought
We can still expect some summer like temperatures in the coming days in Oklahoma, even though fall has officially arrived in the state. The bigger question might be whether we stand any improved chances of rain fall to end the growing drought in the state. The U.S. Drought Monitor reported Oklahoma is growing …
AAA announces partnership to help EV owners
AAA is marking National Drive Electric Week (Sept. 23-Oct. 2) by making it easier for those who ‘drive electric’ to have confidence in their car batteries. Given that ‘range anxiety’ continues to be a concern for those who own or would like to own a fully electric vehicle, AAA Club Alliance (ACA), has partnered with Recurrent to ease such concerns. AAA Oklahoma is …
Oklahoma makes a gain in oil and gas rig numbers
Oklahoma saw a gain of one to reach 65 active oil and gas rigs in the past week according to the most recent rig report from Baker Hughes Co. A year ago, there were 39 oil and gas rigs reported in the state. Nationally, numbers increased by one to a total of 764. The …
Anadarko Basin’s rig activity is growing
The latest Enverus Foundations rig report not only showed a nationwide increase in rig activity but also indicated the Anadarko Basin continues seeing growth. In Appalachia, the rig count rose by four in the last week to 61, while increases also occurred in the Permian (by two to 321), Anadarko Basin (by one to …
