Billionaire Phillip Anschutz—yes, that Phillip Anschutz, former owner of The Oklahoman newspaper, is moving ahead with his ambitious plan to build a 600-turbine wind farm in Wyoming. He also is building a more than 700 mile transmission line to carry the electrical power to California reported the Los Angeles Times. Click here for Los …
Headlines of additional energy stories
** The Biden administration denies allegations that it violated environmental laws and failed to consider and disclose the climate impacts when approving 3,500 oil and gas drilling permits since early 2021. ** A coalition of 26 climate change, public health and environmental justice advocacy organizations formally petitioned the Environmental Protection Agency (EPA) on Tuesday to regulate air pollution …
Record number of Americans who can’t pay their utility bills
Chances are you know someone who is behind on their utility bills. One national group puts the number at more than 20 million households or about 1 in 6 American homes. The estimate comes from the National Energy Assistance Directors Association (NEADA) reported Bloomberg. Click here for Bloomberg
Halliburton announces new participants in its energy research
Halliburton Labs announced it selected three new companies to participate in its collaborative environment to advance cleaner, affordable, and reliable energy. As a Halliburton Labs participant, AW-Energy, RedShift Energy, and Renkube will receive access to a broad range of industrial capabilities, technical expertise, and mentorships to scale their respective businesses. “Halliburton Labs is excited …
Mystery resignation of accounting firm for Empire Petroleum
Empire Petroleum Corporation’s independent registered public accounting firm mysteriously resigned this week, leaving Empire’s leadership with no public explanation. In a filing with the Securities and Exchange Commission, Empire revealed that Moss Adams resigned as its accounting firm on August 18, 2022. Empire stated that Moss Adams, one of the 14 largest Accounting …
Enverus warns of storm clouds coming for oil prices
A subsidiary of Enverus, the Austin-based company that supplies rig counts every week is warning the oil and gas industry of coming times of lower oil and natural gas prices. The cautionary note came this week from Enverus Intelligence Research which released its latest FundamentalEdge report. “The surging dollar, signs of weakening U.S./Chinese economies …
Occidental Petroleum plans carbon capture project in Texas
The site in Texas hasn’t been revealed but Occidental Petroleum Corp plans construction this fall on its first carbon capture project. Word was revealed this week in Denver where an Occidental leader spoke at the Colorado Oil and Gas Association’s annual summit reported Reuters. Click here for Reuters
Enviros want more restrictions on home furnaces
If more than two dozen environmental groups have their way, the government will put tighter restrictions on climate regulations produced by our home heaters. Homeowners might even be forced to swap out heating and hot water furnaces. A coalition of 26 climate change, public health and environmental justice advocacy groups petitioned the Environmental Protection …
Former Sen. David wins GOP runoff for Corporation Commission
Former State Sen. Kim David won the Republican primary runoff on Tuesday, gathering more than 59% in her victory over former State Rep. Todd Thomsen. With 100% of the state’s precincts reporting last night, the Oklahoma Election Board showed David received 198,752 votes or 59.12% of the 268,529 total votes statewide in the runoff …
Crude prices rose 4% while Oklahoma energy stocks had mild gains
Saudi Arabia’s talk of OPEC+ cuts if the US goes ahead with an Iranian nuclear deal that could clear the way for more Iranian crude to hit the world markets led to a 4% gain in crude prices Tuesday. West Texas Intermediate crude for October delivery went up $3.38 to $93.74 a barrel on …
