Monday , May 13 2024

Energy News

Crude prices up after surprise drawdown in oil stocks in US

A surprise drawdown in U.S. crude oil storage, including at the Cushing Hub in Oklahoma, sparked a 1% gain in crude oil prices. There was also a slump in the nation’s crude output and combined with a weaker dollar, prices made the increase. US benchmark, West Texas Intermediate rose 72 …

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Governor wants to expand artificial intelligence in Oklahoma

  Oklahoma Gov. Kevin Stitt says “Oklahoma truly could be the AI capital of the nation.” He’s released the recommendations of his AI Task Force and wants artificial intellilgence to become a mainstay for the Oklahoma economy. The Task Force suggests the implementation of AI could make the state government …

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Williams hires Biden nominee to be chief Capitol Hill lobbyist

Donald Cravins, Jr. (Photo: Business Wire)   Williams Cos. announced this week it managed to grabbed a long-time government offiial and hired him to be Head of Government Affairs and Outreach in Washington, D.C. where he will be the company’s chief lobbyist on Capitol Hill. Donald “Don” R. Cravins, Jr., …

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Water shortages developing in Oklahoma small towns

  A report by KOCO TV News indicated that several towns across Oklahoma are dealing with water shortages. The Oklahoma Rural Water Association indicated at least five towns in the state reported the need to save water in the past few days. Lawrence Wortham, mayor of Perry said the city …

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Crude oil prices slipped in Tuesday’s trading

Tuesday’s slight drop in crude oil prices came as a result of increased crude output in the US while supplies increased in Libya and Norway. North Dakota, whose oil production had plummeted 700,000 barrels a day because of recent frigid and nasty winter weather saw a return in output but …

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Corporation Commissioners to meet Wednesday

  The next meeting of State Regulators will again focus mostly on rulemaking changes. In the Wednesday afternoon meeting that starts at 1:30, Corporation Commissioners will consider rule changes dealing with rules of practice, oil and gas conservation, fuel inspection, underground and above ground oil storage tanks, and Corrective Action …

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Next generation pipelines bill filed in House

  Some members of the House Science committee chaired by Oklahoma Rep. Frank Lucas are calling for improvements in oil and natural gas pipelines across the U.S. The maze of lines buried across the country is the focus of modernization efforts by Science, Space and Technology Committee members Rep. Randy …

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Lankford pushes bill to keep US from depending on China for critical minerals

  Senator James Lankford joined five other U.S. Senators this week in filing a bill to prevent the U.S. from being dependent on Communist China for critical minerals. Together with  Sens. (R-OK), John Cornyn (R-TX), Mark Warner (D-VA), Todd Young (R-IN), Angus King (I-ME), and John Hickenlooper (D-CO), they introduced the …

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BlackRock also maintains ownership of ONE Gas shares

  BlackRock Inc., the firm banned by the state of Oklahoma from handling any state investments because of its ESG policies remains a big investor in another Oklahoma energy firm. A filing with the Securities and Exchange Commission by ONE Gas showed BlackRock is the owner of 14.5% of the …

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NuEnergen announces partnership to automate energy curtailment for the Southwest Power Pool

  Demand response services provider and energy management consultant NuEnergen, based in New York, announced a partnership to bring automated demand response to users of the Southwest Power Pool through a collaboration with OBM Foreman, an industry leading miner management and curtailment software provider. This integration allows for rapid response …

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