Sunday , May 5 2024

Energy News

Dazzled by the eclipse!!!

  From one of the U.S. to the other…millions were dazzled by the total solar eclipse on Monday. They oohed and awed as the moon first was a blip on the edge of the sun, then slowly moved across the view until an hour later, it blotted out the sun, …

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Crude oil prices slip as Israeli peace talks resume with Hamas

The increased talks for peace in Gaza led crude oil prices to a fall on Monday as Israel reduced the number of troops it had in the fighting with Hamas. US benchmark, West Texas Intermediate crude finished down 48 cents or 0.6% at $86.43 a barrel on the New York …

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Grassley—new EPA EV requirements will harm biofuel industry

  A stark warning is issued by Iowa U.S. Sen. Chuk Grassley who claims the EPA’s new rules requiring the sale of more electric vehicles across the nation,will possibly put 58,000 ethanol industry jobs at risk. The new rules issued by the Environmental Protection Agency require nearly two-thirds of vehicles …

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House committee to review bill targeting wind farm lights at night

  Other states have already implemented required aircraft safety light programs for wind farm operations. Oklahoma might soon be joining the movement. Oklahoma is considering the same move in SB1913 which applies to what is called light-mitigating technology. It is simply aircraft detection systems which allow wind farm lights to …

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Gallup finds growing number of Americans don’t want an EV

  While there has been a slight increase in the number of drivers in the U.S. who switched to an electric vehicle in the past year, at the same time, the number of people who don’t want one has increased. Gallup reported ownership grew from 4% a year ago to …

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Corporation Commission race draws five candidates

  Former State Senate President Brian Bingman has some company in his attempt to win election to the Oklahoma Corporation Commission and succeed Commissioner Bob Anthony who is term-limited. He previously was the only announced candidate and already had endorsements from Gov. Kevin Stitt and Lt. Gov. Matt Pinnell. By …

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Crude oil prices made more gains on Friday to settle at $91 a barrel

Crude oil prices finished the week with a more than $1 a barrel gain as investors wondered whether the fighting in Gaza and unrest throughout the Middle East might result in tighter supplies. World prices reached $91. Global benchmark Brent crude finished up 51 cents or 0.57% at $91.17 a …

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Oil and gas rig count holds steady in Oklahoma

(REUTERS/Nick Oxford)   Oklahoma’s oil and gas rig count held steady over the past week while the nationwide numbers declined by one, leaving 620 active drilling rigs across the U.S. reported Baker Hughes Co. on Friday. Oklahoma’s count totaled 44 rigs, same as a week ago but 14 lower than …

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Attorney General’s EPA lawsuit prompts SEC to delay start of methane emissions rule

  The lawsuit led by Oklahoma Attorney General Gentner Drummond in a challenge of the EPA’s new methane emissions limits prompted the SEC this week to delay implementaton of its final rule on climate requirements of the oil and gas industry. The Securities and Exchange Commission announced it will hold …

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US Strategic Petroleum Reserve sits at about half of what it was two years ago

  Oklahoma’s U.S. House and Senate members who unloaded heavy criticism on President Biden for his 2022 use of the nation’s Strategic Petroleum Reserve to lower gasoline prices no doubt had more criticism over the administration’s latest delay in refiling the Reserve. After announcing in March it intended to acquire …

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