The nation’s crude oil stocks declined in the past week while the amount of crude in storage at the Cushing Hub in Oklahoma increased. The U.S. Energy Information Administration reported the U.S. crude stocks fell 2.7 million barrels from 449.7 million barrels on November 24 to 445 million barrels as of the first of …
Tens of thousands of Arkansas customers of Black Hills Energy, a firm headquartered in South Dakota, might see their monthly gas bills going up $15 if state regulators approve the company’s rate hike request. Black Hills, with customers in 8 states including Arkansas, recently applied for a $44 million base rate hike increase from …
A Federal Court of Appeals has ordered proponents of a rail line meant to carry oil from Utah, through Colorado and eventually to the Cushing Hub in Oklahoma, back to the drawing board. Too much opposition from Colorado. It means the 88-mile Uinta Basin Railway aimed at increasing Utah’s fossil fuel exports from 90,000 …
STEM education in Oklahoma got a boost this week from Tinker Air Force Base and Rose State College in Midwest City. The two donated a 3D printer from Tinker’s REACT Lab and a ceremonial signing was originally planned for Tuesday afternoon but was postponed to a later date to be announced soon. Rose State …
She’s the only governor attending the COP28 conference in Dubai, yet New Mexico Gov. Michelle Lujan-Grisham has her critics back home—those who don’t support her Green mob mentality and opposition to the state’s oil and gas revenue in the Permian Basin. Take for example what Dr. Jonathan Lesser, President of Continental Ecoomics, a senior …
Nitro Lift, a nitrogen services provider headquartered in Tishomingo, Oklahoma has been acquired in a deal announced by USA DeBusk LLC, a firm headquartered in Deer Park, Texas. The acquisition includes Nitro Lift Technologies LLC, Nitro-Lift Fabrication LLC and Nitroo-Chem Solutions LLC. No acquisition price was revealed in the announcement. The acquisition of Nitro-Lift …
Tulsa’s NGL Energy Partners LP opened a binding open season on Wednesday for its crude oil Grand Mesa Pipeline, LLC in Colorado and Wyoming to move product to the Cushing Hub in northern Oklahoma. The season will close on January 5, 2024 at 5 p.m. Central Daylight Time. Grand Mesa provides takeaway capacity for …
Mammoth Energy Services in Oklahoma City announced the completion of a multi-million dollar transfer from its wholly owned subsidiary Cobra Acquisitions LLC to pay down on its debt. Cobra transferred approximately $54.4 million of its outstanding receivable with the Puerto Rico Electric Power Authority to SPCP Group, LLC in exchange for net proceeds of …
** The U.S. Federal Trade Commission has sent shale oil producer Pioneer Natural Resources and Exxon Mobil a second request for more information on their $60 billion takeover deal, Pioneer said on Tuesday. The companies are working with the FTC and continue to expect that the deal will be completed in the first half of 2024, Pioneer …
In case you missed the latest edition of Scott Mitchell Talks Energy with Jerry Bohnen, we’ve issued another opportunity to view the discussion of the Attorney General’s investigation of natural gas market manipulation and his subpoena to the Corporation Commission. Two veteran news observers hold a frank discussion of what prompted the investigation. Mitchell is …