All it took was a decision by the Federal Reserve to raise interest rates by three-quarters of a point and oil prices took about the same kind of fall in Wednesday’s trading. The 1% slide left prices at a near two-week low and also didn’t do much to boost …
Read More »Iowa county might delay more solar energy projects for a year
The second most-populated county in Iowa is considering a year-long delay of allowing any more large solar energy projects. Cedar Rapids is the county seat where county supervisors are being urged to adopt a 12-month moratorium reported The Gazette. Click here for The Gazette
Read More »Mum at OKC city hall over lawsuit against Corporation Commission
Oklahoma City leaders are not making public comments about the city’s lawsuit challenging Oklahoma Corporation Commissioners over a franchise fee decision linked to the controversial billions of dollars in bonds allowed for utilities from the 2021 Winter Storm Uri. The office of Mayor David Holt did not respond to …
Read More »Oil and gas production means big cash for New Mexico
$2 billion. It’s how much revenue the oil and gas industry brought into New Mexico in the past year. That’s just in oil and gas royalties according to a report by the Hobbs News-Sun. Click here for News-Sun
Read More »Permits to drill for September 20, 2022
Canadian County LONE WOLF 23_26-12N-8W #4MHX, September 20 2022 14 12N 8W SESESESE API: 01725862 Lat: 35.50870252738256, Long: -98.00876031221564 PALOMA OPERATING CO INC MU, DR, 22000 ft, MISSISSIPPIAN(9800) Dewey County HARRY BUTLER 7/12 PB #1HS, September 20 2022 08 17N 16W SWSWSWSW API: 04323764 Lat: 35.95732295711696, Long: -98.93766870355908 MEWBOURNE OIL COMPANY MU, …
Read More »Completion reports for September 20, 2022
completions: none were processed today
Read More »Crude prices fell and OK energy stocks recorded a weak day in trading
While investors anticipate a big jump in central bank interest-rates as an attempt to correct inflation and recession, crude oil prices fell on Monday. Oklahoma energy stocks also recorded a weak day in trading. West Texas Intermediate crude for October delivery dropped $1.28 to finish the day at $84.45 …
Read More »Crude oil prices made moderate gains in Monday’s trading
Monday’s trading brought a slight gain for crude oil prices, mostly built on worries about tight oil supplies. It also resulted in losses or weak gains for most Oklahoma energy stocks. West Texas Intermediate crude for October delivery gained 62 cents or 0,7% to finish at $85.73 a barrel …
Read More »Transportation officials defend bond firm’s history of millions in penalties
The Oklahoma Department of Transportation has defended the history of $15 million in penalties and fines for its major bond provider by suggesting it was common for such firms to be involved in litigation. ODOT, also speaking for the Oklahoma Turnpike Authority in answering questions presented by OK …
Read More »Oklahoma City water/sewage projects on list for ARPA funds
Water and sewage projects in Oklahoma City, including relocation of a water transmission main that supplies drinking water near Tinker Air Force Base, are among recommendations to receive American Rescue Plan Act (ARPA) funds by the Oklahoma House and Senate Joint Committee on Pandemic Relief Funding. The committee proposes spending …
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