The threat of more earthquakes in the Permian Basin in Southeast New Mexico prompted state regulators to take more prevention steps this week. The New Mexico Oil Conservation Division announced an increase in seismic monitoring as well as curbing some of the wastewater disposal operations—steps taken a few years ago by the Oklahoma Corporation …
Energy news headlines for Tuesday
** Transportation Secretary Pete Buttigieg stressed in a new interview that families who buy electric vehicles (EVs) “never have to worry about gas prices again.” While speaking on MSNBC’s “The Sunday Show With Jonathan Capehart,” Buttigieg noted that Democrats’ proposed social spending package includes incentives to make it more affordable to buy an electric vehicle. ** North Dakota officials …
Kansas regulators raise questions about hedge fund operator
The Kansas Corporation Commission spent time this week asking some pointed questions about an international hedge fund connected to Evergy’s more than $10 billion electrical system plan. “Let’s be very clear our role here is not to benefit the shareholders. Our role here is to protect the ratepayer,” said one commissioner reported the Wichita Eagle. …
OG&E Pays It Forward With $100,000 Educational Commitment
Oklahoma-based OG&E and the OGE Energy Corp. Foundation Inc. have renewed their commitment to education through $185,000 in donations during the 2021-2022 school year. DonorsChoose, a crowdfunding platform supporting public school teachers nationwide, will fund teacher projects with $100,000 earmarked to serve educators in low-income areas and support families in the communities where OG&E operates. …
Final Voyage for the Navy’s USS Oklahoma City Nuclear Submarine
The USS Oklahoma City submarine made its final voyage last Monday night through the frigid waters of Puget Sound, where it will be scrapped following a 33-year career in the U.S. Navy, according to a news report published by the Kitsap Sun. Navy tugboats maneuvered the aging sub to mooring lines tied by shipyard workers …
The Dollars and Sense of ONG’s Cost Recovery Case
Oklahomans may soon experience a significant increase in utility bills if Oklahoma Natural Gas succeeds in its cost recovery case. According to a news report published by Dale Denwalt in The Oklahoman, the administrative law judge will likely allow ONG to “charge the average residential customer several dollars more per month on top of their …
Senators support airline alliance that benefits Oklahoma
As American Airlines and JetBlue seek dismissal of a Department of Justice antitrust lawsuit against their Northeast Alliance, Oklahoma U.S. Sens. Jim Inhofe and James Lankford have come to the defense of the two airlines. The airlines filed a motion this week in U.S. District Court in Boston in defense of their alliance …
Baker Hughes shows rig count growth nationally
The weekly Baker Hughes rig report was just opposite of one released by Enverus. While Enverus reported a decline of 6 rigs nationally, Baker Hughes reported a growth of 6 rigs bringing the national count to 569. The newest count from Baker Hughes showed 6 more oil rigs for a total of 467 while …
Rig count grows in Anadarko Basin but drops nationally reports Enverus
The active U.S. rig count fell by four in the last week to 656 as of Nov. 23, according to Enverus Rig Analytics. The count is up 2% over the last month and 67% in the last year. The largest week-over-week increases occurred in the Gulf Coast, which gained six rigs for a total of …
ONE Gas to participate in Mizuho U.S. Utility Summit
ONE Gas, Inc. leaders plan to take part in next week’s Mizuho U.S. Utility Summit. The virtual event will be held Tuesday, Nov. 30, 2021 and will include Robert S. McAnnally, president and chief executive officer, Caron Lawhorn, senior vice president and chief financial officer, and Curtis Dinan, senior vice president and chief operating …
