Thursday , March 28 2024

Tag Archives: #OklahomaEnergy

Food Bank in OKC goes solar power

  The Oklahoma City-based Regional Food Bank recently finished construction of a $1.6 million project to get some of its electricity from solar power. Bank officials estimate it will result in millions of dollars in utility costs, equating to millions of meals, reported KOCO TV News. Click here for KOCO …

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Natural gas prices went into the minus column at one trading hub

  Just how much have natural gas prices fallen? According to a weekly update from the U.S. Energy Information Administration, the price at the Waha Hub in West Texas dropped 22 cents this week. It fell from 43 cents MMBtu last Wednesday to 21 cents per MMBtu as of Wednesday …

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Little change in Thursday’s crude oil prices but natural gas dropped again

  Thursday’s trading brought little price changes for crude oil but natural gas took another big drop. Crude prices stayed mostly the same as new economic data from China was being studied by investors. West Texas Intermediate crude fell 20 cents a barrel and closed at $78.93 on the New …

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Corporation Commissioner says House Bill slams lid shut on openness of agency

  Oklahoma Corporation Commissioner Bob Anthony came out this week blasting House Bill 2367 saying Oklahoma needs more transparency and not less in its handling of state business. In an opinion piece, the Commissioner also said the Corporation Commission should fall under more scrutiny for its actions, as displayed for how …

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Xcel Energy admits its operations might have caused wildfires in Texas

  A major utility company, Xcel Energy, now admits its operations might have been involved in starting the wildfires in Texas that eventually burned more than 1.3 million acres of land in the Panhandle and in Western Oklahoma. “Xcel Energy has been cooperating with the investigations into the wildfires and …

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Williams gets nearly $1 million grant to study carbon storage in Wyoming

    Tulsa’s Williams Cos. recently received a $975,000 grant to study carbon capture and storage efforts in Wyoming. The Wyoming Energy Authority, funded by the office of Governor Mark Gordon, awarded Williams the grant to study development of a saline CO2 storage hub near Williams’ Echo Springs gas plant in …

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Crude recorded gains on Wednesday but natural gas made another drop

Crude oil recorded another gain on Wednesday but natural gas prices in the U.S. slid again. Crude managed a nearly 1% increase on a smaller-than-expected increase in U.S. crude inventories, including those at Oklahoma’s Cushing Hub. A big withdrawal of distillate and gasoline stocks also played a role in sending …

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Slow increase in crude stocks at Cushing and the US

  The slow buildup in crude oil stocks across the U.S. and at the Cushing Hub in Oklahoma continued again in the past week. Cushing added 700,000 barrels in the period from February 23 to March 1 when it hit 31.7 million barrels stored in its huge tanks. Earlier in …

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Oklahoma City’s LSB Industries endured tough financial 4Q and year

  Oklahoma City’s LSB Industries released its fourth quarter and full year 2023 financial results this week showing a drop in sales and a $5 million quarterly loss, prompting leadership to delay a planned expansion of one of its fertilizer and ammonia plants in Arkansas. It proved to be a …

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More government transparency in Oklahoma? Or less?

While one Oklahoma House bill proposes what appears to be fewer opportunities for the public to see how a state agency handles state business, another has won full support in the House in the context of making government more transparent. HB3937, by Rep. Melissa Provenzano, D-Tulsa would require public bodies …

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