Federal energy regulators approved a two-year extension for Tulsa-based Williams Companies and its Transcontinental Gas Pipe Line Company, LLC to finish and make operational its $1 billion expansion of the line’s infrastructure. The Federal Energy Regulatory Commission issued the approval despite opposition of the extension of the 10,000 mile interstate transmission system that transports …
Texas’s Oil and Gas industry defends its billions in subsidies against a green energy push
The legislature in Texas is in the midst of a great debate over subsidies for energy—those for oil and gas and those for the renewables such as wind and solar. The oil and gas industry has received subsidies for decades and now some of its leaders are making the claim that wind and solar …
200 electric car charging ports to be installed across Austin
Austin, Texas is expanding the number of electric car charging ports to accommodate the growing number of EV drivers in the city. The city announced more than 200 charging ports will be installed to help the city meet its goal of becoming carbon neutral. KVUE TV reported that by the end of 2022, nearly …
Energy news in brief
** The Colonial Pipeline confirms it paid $4.4 million to hackers after a ransomware attack on its computer systems. ** U.S. lawmakers plan to introduce a bill that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry. ** Houston’s Ranger Energy Services announced …
Crude oil prices tumbled for a 3rd day
Crude oil prices dropped again in Thursday’s trading for a third straight day, tumbling nearly $5 a barrel since the beginning of the week. Why the continuing fall? Analysts say it’s because of the growing concern about inflation and what the government is doing or not doing about it. West Texas Intermediate crude for …
OGE shareholders updated at annual meeting
OGE Energy Corp. held its 2021 Annual Meeting of Shareholders on Thursday in a virtual gathering where board members were elected and shareholders were told the company is as strong as ever. “Our company is strong,” said Sean Trauschke, Chairman, President and CEO. “While the coronavirus and extreme weather have presented challenges, it is …
Nation’s rig count plummets
The U.S. dropped 21 active rigs in the last week for a count of 517 rigs as of May 19, according to Enverus Rig Analytics. The drop in rig numbers included Oklahoma’s Anadarko Basin. The Austin, Texas-based company that computes rig counts stated that the count is flat on the month but still up …
Arkansas nuclear power plant nears 50 years of use
While many in the U.S. are in a mad rush for the development of more renewable energy, a nuclear power plant in Arkansas approaches nearly half a century of use. Unit 1 of Arkansas Nuclear One near Lake Dardanelle turns 47 on Friday. Arkansas Business reported the unit came online May 21, 1974 just …
Lankford says Biden just committed another huge mistake
There’s a reason Vladimir Putin is smiling. Oklahoma U.S. Sen. James Lankford says that’s because President Biden made him and the Kremlin very happy by lifting sanctions on the Russian Nord Stream 2 pipeline. Lankford called it “another huge mistake” by Biden after he first blocked the Keystone Pipeline from Canada to the U.S. …
Photos show I-40 bridge crack in 2016
The crack in the I-40 bridge over the Mississippi River that forced Arkansas authorities to close the structure this month actually started developing nearly five years ago. New photographic evidence came to light this week as pictures taken by a kayaker in 2016 revealed the crack at that time. The Commercial Appeal newspaper said …
