Tuesday , May 14 2024

Energy News

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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Mitchell talks energy with Jerry Bohnen

Back for 2024—-Scott Mitchell talks energy with Jerry Bohnen of OK Energy Today. Yes, we offer our insight into the politics of rate hikes and what utilities might want from state legislators as they prepare to start their 2024 Legislative session. The post Mitchell talks energy with Jerry Bohnen first …

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Crude oil recorded gains on Monday

Monday’s trading resulted in a 3% gain for U.S. crude futures and 2% overseas,largelly because of anticipated tightening of oil supplies because of the fighting in the Middle East and Ukraine along with extreme cold weather in North America. Benchmark U.S. crude oil for February delivery rose $1.78 to $75.19 …

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Peter Zeihan on Texas electric grid beating the cold weather odds

    World observer Peter Zeihan recently paid attention to the frigid weather that gripped the Midwest. For a while, many speculated that the electric grid in Texas (ERCOT) might not withstand last week’s cold spell. But it did and also caught the eye of Zeihan. “Governor Abbot introduced a …

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