Oklahoma Congresswoman Stephanie Bice joined a handful of others others in the House this week in a bipartisan move to allow corn-based ethanol to qualify as an “advanced biofuel”, an effort to boost the gasoline additive’s green credentials. Bice joined another Republican in the House, Rep. Mariannette Miller-Meeks of Iowa along with two Democrats, …
Anadarko Basin oil and gas production holding steady
New government reports show slight increases in oil and gas production in the Anadarko Basin and other producing regions of the U.S. Information from the U.S. Energy Information Administration indicated new well oil production in the Anadarko went from 665 barrels a day on average in May and is expected to increase to 666 …
Energy briefs from the US and the world
** At least three Democratic lawmakers are criticizing the Biden administration’s tax credit guidance for domestic manufacturing incentives, with some saying it could give leeway for Chinese solar parts. Sens. Joe Manchin (D-W.Va.) and Ron Wyden (D-Ore.) and Rep. Marcy Kaptur (D-Ohio) released statements in recent days criticizing the guidance that was released on Friday. ** The U.S. …
Empire Petroleum saw increased sales in 1Q but still recorded a loss
Empire Petroleum reported a 4% increase in sale of oil volumes in the first quarter of the year but also recorded a net loss of $2.5 million or 11 cents a share. Volumes sales rose to 2,206 barrels of oil equivalent a day compared to 2,112 Boe/d in the first quarter a year earlier. …
Worker killed in Marathon Petroleum refinery fire in Texas
The Monday morning fire that left one worker dead at the Marathon Petroleum Galveston Bay Refinery in Texas is under investigation. Reuters reported the fire happened around 9:30 a.m. and was eventually extinguished. It happened as workers were doing routine maintenance and a seal failed on the 75,000 barrel-a-day Ultraformer 3. Click here for …
Attorney General pledges to fight EPA over proposed power plant rules
If the Biden administration’s Environmental Protection Agency moves ahead with its already controversial power plant rules that would create severe restrictions on carbon pollution, it can expect a fight from Oklahoma Attorney General Gentner Drummond. It is what he pledged in a statement offered to OK Energy Today. “We will vigorously oppose this federal …
Crude oil prices finally rose while Oklahoma energy stocks made strong gains
Crude oil prices turned things around in Monday’s trading, rising a dollar a barrel while Oklahoma energy stocks saw some major gains with the exception of ONEOK which plummeted 9% following word of its nearly $19 billion acquisition of Magellan Midstream. West Texas Intermediate crude rose $1.07 or 1.5% to close at $71.11 a barrel …
Some parts of Oklahoma remain dry
Boom or bust—that’s how State Climatologist Gary McManus with the Oklahoma Mesonet describes the recent rainfall…or lack of it in the state. After a weekend of heavy rainfall, at least in central Oklahoma, McManus described the past week as a “big bust” in northwest Oklahoma, the Panhandle, the southwest, south central and east central. …
Special collection event breaks historical records in Oklahoma City
Oklahoma City’s annual special collection of old tires, computers, ammunition and medication turned out to be a record event. The 46th Storm Water Quality Special Collection Event was held April 1. Environmental Protection Superintendent Derek Johnson said, “This annual event is very popular with our residents and provides a convenient and responsible disposal option for …
AAA predicts 7% increase in Memorial Day holiday travel
AAA projects 42.3 million Americans will travel 50 miles or more from home this Memorial Day weekend*, a 7% increase over 2022. This year, 2.7 million more people will travel for the unofficial start of summer compared to last year, a sign of what’s to come in the months ahead. “This is expected to …