One energy writer contends wind generation is not dependable in Texas and often falls when power demand increases. In short, Robert Bryce says the state is too reliant on weather-dependent renewables. It’s what he wrote in RealClear Energy. Click here for RealClear Energy
No job promise in Kansas Panasonic battery plant
Just because Kansas landed a $4 billion Panasonic battery-manufacturing plant in competition over Oklahoma doesn’t mean the plant will actually create 4,000 new jobs. It has come out that Kansas did not win a guarantee from Panasonic to create that many jobs and other aspects of the contract, one molded in secrecy by the …
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** Shell USA Inc. agreed on July 25 to acquire Shell Midstream Partners LP in a buyout transaction worth nearly $2 billion. The transaction marks the latest MLP roll-up in the midstream space largely seen as being driven by the elimination of incentive distribution rights. ** The Biden administration on Monday outlined plans to plant 1 billion trees …
Foreign operators involved in carbon capture pipelines in Iowa
More dark details are being uncovered in some of the carbon capture projects that have been in the news in recent weeks in Iowa where landowners are fighting eminent domain efforts. BOLD Nebraska, an environmental group that fought the Keystone XL pipeline recently reported how foreign operators are among those involved in some of …
Bakken production back on track this month?
The Williston Herald reports that oil production in the Bakken of North Dakota should be back on track following back-to-back blizzards in April. It’s important for Oklahoma oil producers active in the play. The newspaper reported: Those back to back blizzards in April were a significant whammy to production for April, May, and perhaps …
Rep. Bice label’s Biden’s trip to Middle East as “misguided”
Congresswoman Stephanie Bice’s (OK-05) opinion piece on President Biden’s trip to Saudi Arabia was featured in the Washington Examiner. Read below: On day one of his presidency, President Joe Biden began his war on domestic energy , which has affected every part of our economy. We are facing record high inflation at 9.1%, and people are still feeling the …
Rep. Cole–America’s energy solutions are here at home
Oklahoma Congressman Tom Cole says President Biden’s energy policies are still diminishing the nation’s energy independence while pursuing what Rep. Cole calls “out-of-touch energy policies.” In his weekly column this week, the Republican Representative said Biden refuses to acknowledge the obvious solutions right here in America. Here is his column: Since President Joe Biden …
Crude prices are up but OK Energy stocks soared on Monday
Crude oil prices rebounded nearly $2 on Monday but the Oklahoma Energy stocks were nearly out of sight with some seeing gains of 7 and 8% and at least one, SandRidge Energy recording a gain of 10%. Helmerich & Payne recorded a 7% gain, Mammoth Energy 8%, and Unit Corporation 7%. Crude oil prices rose …
Oilfield employment still lagging in Texas
Another report shows how employment in the oil and gas industry in Texas is still far behind numbers before the COVID-19 pandemic hit the country. An analysis by the Institute for Energy Economics and Financial Analysis shows the industry in Texas added back only half of the jobs lost during the pandemic and it’s …
Back to normal operations on Keystone pipeline
Normal operations resumed over the weekend on the Keystone oil pipeline network that runs through Oklahoma following early July vandalism at an electric substation in South Dakota. TC Energy reported it resumed normal operations July 23 following the nearly week-long reduction in capacity according to S&P Global. The line carries crude oil out of …
