Rising crude oil prices that came about following the production cut decision by OPEC+ has resulted in more crude oil being transported out of the Cushing hub in Oklahoma. The U.S. Energy Information Administration reported Wednesday that Cushing’s total amount in storage had slipped 1 million barrels in the week’s period from March 24 …
West Texas Intermediate crude oil pricing has been added to mix of crude oil grades that make up Dated Brent prices. The announcement, according to the U.S. Energy Information Administration came this week. Declining production of the five North Sea crude oil grades in the Dated Brent benchmark has prompted the price reporting agency …
In a split decision, the Oklahoma Supreme Court ruled against the Oklahoma Corporation Commission in a case involving OG&E’s power into the service territory of CKenergy Electric Cooperative, Inc. The ruling came on a 5-3 decision with one justice disqualifying himself over the 2018 decision of the Corporation Commission to stop OG&E from extending …
Oklahoma Congressman Kevin Hern made another call this week for the Biden administration to remove burdensome roadblocks to expand America’s energy independence. In a column released by Rep. Hern, he said the permitting process is the first step. “In order to compete with a fast-paced world, we cannot let pointless bureaucracy slow us down,” …
Ovintiv’s latest STACK well was reported this week. The Denver company reported the Mueggenborg 17808 2h-25x was completed in October of last year with production of 500 barrels of oil a day and 3,707 Mcf of natural gas from the Mississippian formation. It was the second well drilled on the same pad. Located four …
What was billed as North America’s largest carbon capture facility was unveiled this week in Denver, Colorado. Global Thermostat said the shed-size machine located in Brighton draws carbon dioxide out of ambient air for reuse in industrial products reported The Colorado Sun. The company says the facility has the potential to be a global …
Utah US. Sen. Mitt Romney is pretty blunt about the plans of Senate Democrats who want to replace car lanes with bike lanes. “The height of stupidity,” is what Romney said about the plan to incentivize e-bike purchases according to The Hill. “I’m not going to spend money on buying e-bikes for people like …
The city of Las Cruces, New Mexico will be the first in the nation to receive part of the first $196 million in federal government grants to repair and replace aging and leaking natural gas pipelines in the country. The Transportation Department and its Pipelines and Hazardous Materials Safety Administration announced Las Cruces will …
With more than 80,000 electric vehicles on the roads in Texas, state legislators figure it is time to create standards for the charging stations that provide the power for the EVs. A bill has already been filed to create the standards and is being reviewed by a Texas Senate Committee. An official with the …
** Oil and gas companies operating in Colorado begin donating to Democratic state lawmakers — the majority in the legislature — in a bid to influence fossil fuel-related bills. ** Advocates push back against Montana legislation that would require nonprofits to pay business taxes when suing the state on environmental or natural resource grounds, saying it would quash …