Crude oil prices finished the week with a more than $1 a barrel gain as investors wondered whether the fighting in Gaza and unrest throughout the Middle East might result in tighter supplies. World prices reached $91. Global benchmark Brent crude finished up 51 cents or 0.57% at $91.17 a barrel on ICE Futures Europe. …
Oklahoma’s oil and gas rig count held steady over the past week while the nationwide numbers declined by one, leaving 620 active drilling rigs across the U.S. reported Baker Hughes Co. on Friday. Oklahoma’s count totaled 44 rigs, same as a week ago but 14 lower than one year ago. Nationally, the count included …
** One of the strongest windstorms in Colorado in years left thousands of homes in metro Denver without power this weekend, and it could take through Monday to get electricity fully restored. Denver saw winds averaging 60 to 70 mph on Saturday. At one point, the foothills reported wind gusts of more than 100 mph. Hundreds of flights …
A protester who sued after she was hurt in the explosion of a “flash bang” device used by police in the protests of the Dakota Access oil pipeline 8 years ago had her suit thrown out of federal court by a North Dakota judge. Sophia Wilansky, whose left forearm was injured in the blast …
A state board in New Mexico pulled the plug on opponents fighting mandated increases in the number of electric vehicles for sale across the state. Dealers had been fighting the mandate pushed by Gov. Michelle Lujan Grisham who contends the required sale of EVs will help curb emissions and address climate change. The …
The lawsuit led by Oklahoma Attorney General Gentner Drummond in a challenge of the EPA’s new methane emissions limits prompted the SEC this week to delay implementaton of its final rule on climate requirements of the oil and gas industry. The Securities and Exchange Commission announced it will hold off on implementing its own …
Oklahoma’s U.S. House and Senate members who unloaded heavy criticism on President Biden for his 2022 use of the nation’s Strategic Petroleum Reserve to lower gasoline prices no doubt had more criticism over the administration’s latest delay in refiling the Reserve. After announcing in March it intended to acquire 3 million barrels of oil …
Those legislators who held an investigation into the Texas Panhandle wildfires that left 3 persons dead and more than a million acres burned got an earful of complaints from residents as a hearing concluded recently in the city of Pampa, Texas. Residents complained loudly about state agencies and their failure to communicate about the …
A plan to help residents of Norman acquire solar energy panels for their homes is officially underway involving the city of Norman and a private solar firm. Norman announced the partnership two weeks ago with Eight Twenty Solar company, explaining at the time it hopes to create more solar power on homes and commercial …
Slow EV sales nationwide aren’t stopping the state of Colorado from spending $21 million to expand its fast charging networks for electric vehicles. New grants will result in spending for 46 sites that will include 290 charging ports. It means an expansion by about 30%. The Colorado Sun reports private companies and governments …