Williams employees will be volunteering in communities across the United States as part of the company’s second annual Volunteer Week, April 16 – 22. With 116 projects scheduled in 19 states, about 1,100 employees will assist teachers in elementary classrooms, collect electronics for recycling and help stock food pantries among dozens of other volunteer …
Quick energy reads
** The Biden administration’s plan to stifle auto pollution and spur electric vehicles is expected to shrink US oil demand by an estimated 17 billion barrels through 2055. ** The Texas Senate passed a bill that will cap how much bitcoin (BTC) miners can participate in demand response programs, under which they get paid to …
ConocoPhillips leader predicts more shale deals
ConocoPhillips Chief Executive Officer Ryan Lance expects there will be more shale mergers in the industry, along with acquisitions, but don’t expects his company to be leading the way. It’s what he said in an interview this week on Bloomberg TV. Click here for Bloomberg
Oil and gas spills increased in 2022 in New Mexico
A new report says of the three states, Colorado, Wyoming and New Mexico, the most oil and gas spills in 2022 occurred in New Mexico. The Center for Western Priorities released its annual Spills Tracker report showing New Mexico had 1,455 spills las year, which was 16% more than the 1,398 reported in …
Crude oil prices gain 2% for a second straight day
While crude oil prices rose 2% in Wednesday’s trading in response to growing optimism the Federal Reserve will stop its interest rate hikes, Oklahoma energy stocks had a moderate day in trading. West Texas Intermediate crude in the U.S. closed up $1.73 or 2.1% to finish at $83.26 on the New York Mercantile Exchange, the …
Expanded WOTUS order put on hold by Federal Judge
For now, the Biden administration’s enforcement of a new WOTUS rule is on hold. A North Dakota U.S. District Court Judge granted a preliminary injunction, prohibiting the enforcement, implementation or application of the administration’s revised “Waters of the United States” rule. Oklahoma and 23 other states filed a challenge earlier in the year against …
Scam Alert!
The Oklahoma Corporation Commission warned Wednesday of a scam being operated against consumers. “The Oklahoma Corporation Commission (OCC) has been notified of false calls being made to Oklahomans saying there has been a recall on a “defective” electric or gas meter and demanding payment to complete the recall,” stated the Commission in its …
Colorado wants to ban oil and gas drilling? Wyoming says the drillers are welcome
A move by environmentalists in Colorado to eliminate all new permitting of oil and gas drilling in the state by 2030 is not only being called “ignorant” but welcomed by residents and legislators in Wyoming. “It sends a message to the oil and gas companies that here in Wyoming, we’re open for business,” said …
Summit Utilities announces lower gas bills for Arkansas customers
Summit Utilities announced this week that its Arkansas customers will see lower natural gas bills in the coming weeks. The company explained that natural gas costs are dropping and effective April 1, the new cost of gas rate for its 425,000 residential customers will drop about 43% from the winter rate. It will amount …
Occidental to build large carbon-capture plant in Texas
Occidental Petroleum unveiled plans this week to build the first of its kind and scale in the world—a carbon capture plant in Midland, Texas. The plant is scheduled to open in 2024. Occidental is using the European company called Climeworks which intends to use large fans to suck in air, scrub the carbon and …