Wednesday , May 1 2024

OK Energy News

Gasoline tax jumped in Colorado to pay for highway projects

  It was no April Fool’s joke that Colorado began collecting a 2-cent-a-gallon fee on gasoline purchases to help fund the state’s transportation project backlog. Colorado’s average price of gasoline, according to AAA, is $3.46 a gallon but in some counties, it’s up to $4 a gallon. The tax took …

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“Endangered” declaration for bat could stop wind projects in Wyoming

  The Fish and Wildlife Service’s decision to list the long-eared bat as “endangered” not only was opposed by Oklahoma U.S. Sen. Markwayne Mullin, but now has caught the attention of others a few states away. In declaring his opposition to the move, Sen. Mullin stated the decision would have …

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Mitchell Talks Energy—tense politics at the Corporation Commission and more

  When Scott Mitchell talks energy, you just never know where the discussion will go. In the latest edition of “Mitchell Talks Energy,” he and OK Energy Today’s Jerry Bohnen delve into the latest debate at the Oklahoma Corporation Commission and how the political differences among the 3 commissioners are …

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Crude oil made slight gains on Thursday while OK energy stocks recorded losses

  Crude oil prices on Thursday made only slight gains for the day but for the third week in a row, they recorded gains. Oklahoma energy stocks had losses in the day’s trading. Markets didn’t express a lot of optimism and analysts continued to worry about more OPEC+ production cuts …

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Whistleblower retaliation by Commerce Department probed by Lucas and others on House Committee

  Reports of retaliation by the Commerce Department against whistleblowers are being investigated by Rep. Frank Lucas and others on the House Science, Space, and Technology Committee. Together with Ranking Member Zoe Lofgren of California, Lucas and California Republican Congressman Jay Obernolte sent a letter to the Inspector General at …

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Canoo leadership vows to start EV production in Oklahoma this year

  Despite quarterly losses totaling into the tens of millions of dollars and delays in promised manufacturing in Oklahoma, Canoo CEO Tony Aquila made assurances this week that the jobs will be coming yet this year in the state. In Tulsa this week, he explained why Canoo has decided to …

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New Mexico’s U.S. Representatives couldn’t bring themselves to vote for Lower Energy Costs Act

  We know that all Oklahoma members of the U.S. House voted for the recently-approved Lower Energy Costs Act but what about those from another oil-producing state—-New Mexico? All three New Mexico Representatives are Democrats and they voted against the Republican-sponsored measure that is designed to speed up oil and …

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Quick reads of other energy developments

** Sen. Tim Scott (R-SC) is asking the Biden administration to delay new energy standards for mobile homes set to go into effect at the end of next month. In a new letter to Energy Secretary Jennifer Granholm given exclusively to Yahoo Finance, Scott said “this costly and misguided regulation” will squeeze low-income …

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Permits to drill for April 5, 2023

Kingfisher County LINCOLN NORTH UNIT #94-4HO, March 31 2023 05 17N 5W SWSWSESW API: 07326995 Lat: 35.9712347679977, Long: -97.76043190286596 BCE-MACH III LLC HH, AM, 11698 ft, OSWEGO(6190) Kingfisher County LINCOLN NORTH UNIT #94-3HO, March 31 2023 05 17N 5W SWSWSESW API: 07326996 Lat: 35.971234765234854, Long: -97.76036093760379 BCE-MACH III LLC HH, AM, 11690 …

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Completion reports for April 5, 2023

STEPHENS COUNTY Continental Resources Inc All Zones Producing: Oil 309 Gas 303 Water 5437 Flow 26 1N 4W Leon 3-26-23-14xhm, September 18, 2022 HH, OIL, TD: 20240 ft Lat: 34.52202, Long: -97.58204 API: 35137276700001 TEXAS COUNTY Merit Energy Company Chase(2600): Water 37 23 4N 12E Rainman 23 #3, August 30, 2022 SH, GAS, TD: 3150 ft Lat: 36.79455, …

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