Nearly $3.5 million coming from the Volkswagen Settlement Trust will be made available through Oklahoma’s Department of Environmental Quality to help firms replace or repower aging equipment. DEQ explained it is seeking projects in the name of reducing nitrogen oxides emissions. The projects are four non-road categories—freight switchers; ferries or tugs; airport ground support equipment; and forklifts and …
Crude finished with 5th straight week of gains
Crude oil prices recorded a fifth straight week of gains and Oklahoma energy stocks made improvements too on Friday. Investors were reported to be optimistic that healthy demand and supply cuts will keep the prices high reported Reuters. Both WTI and Brent crude gained nearly 5% for the week due to supply cuts from …
Forecast says Permian Basin oil production in New Mexico will peak in a few years
If the experts are accurate, oil production in New Mexico’s share of the Permian Basin will peak in 5 to 10 years. It’s what New Mexico legislators were recently the State’s Chief Economist Leo Delgado who attributed the prediction to national forecasters IHS Markit and Moody’s Investors Service. If so, New Mexico could begin …
Another Ovintiv well reported in Kingfisher County
Newly-filed completion reports show Ovintiv USA Inc. extended its success in Kingfisher County with a November 2022 well that had production of more than 1,200 barrels of oil a day. The completion report on the Coffey 1507 3h-27x, located at 27 15N 7W , a site about 3 miles south of the city of …
House votes to delist lesser prairie chicken as endangered
The House has approved two resolutions to repeal the lesser prairie chicken’s status as a threatened species and return autonomy to local farmers, ranchers and wildlife agencies in Oklahoma. Oklahoma’s House members voted for the measure as it was passed on a 220-209 vote. “Listing the Lesser Prairie Chicken as a threatened species creates …
Cell phone bills to be hit with higher tax opposed by Corporation Commissioner
Oklahoma Corporation Commissioner Bob Anthony complained Thursday that the Oklahoma Universal Service Fund subsidy program is collecting $110 million, 15 times higher than what it was 20 years ago. He voted against increasing to $2.02-per-line a fee on phone customers’ monthly bills collected to fund what he called a “runaway” program. Commissioners Todd Hiett …
Oil up on Thursday—Oklahoma energy stocks down
A day after a 1% fall, crude oil prices rose nearly 2% because of continued supply tightness following OPEC+ production cuts. Oklahoma energy stocks went the opposition direction as most recorded losses for the day. West Texas Intermediate crude finished up $1.31 or 1.7% to $80.09 a barrel on the New York Mercantile Exchange. Brent …
Oklahoma AG fights Biden administration and its growth of federal regulations
While more and more regulations on the environment are coming out of the Biden administration, Oklahoma Attorney General Gentner Drummond wants a limit to the power of federal regulators. He joined a coalition of 27 states asking the U.S. Supreme Court to limit the regulatory efforts of federal agencies. “Rogue government agencies abuse their power …
New pipes are needed to fix brown tap water in Maysville
Nothing like brown and murky water running out of your home’s tap water faucet. Just ask the residents of Maysville, a town that sits in McClain and Garvin Counties. Fox 25 News reported how it has been a long-time problem in the city. Click here for Fox 25 News
Mullin to EPW: “Waste solutions should not require the heavy hand of government to be successful in the market”
Oklahoma U.S. Sen. Markwayne Mullin expressed worries about government overreach during a hearing of the Senate Environment and Public Works Committee. His comments came during a hearing on refillable and reusable products and infrastructure as innovative solutions to reduce waste. In his remarks, Mullin, the Ranking Member of the Chemical Safety, Waste Management, Environmental …