The world awaits the impact the U.S. and Israeli attack on Iran will have on crude oil prices. Some contend prices could soar $10 to $20 a barrel and if that’s true, it means the global cost of oil would approach the low 90s. The strikes were intended to destroy Iran’s nuclear program and …
Category: Oil & Gas
Energy briefs
** Just like Oklahoma did last fall, Wyoming is cracking down on illegal truck drivers. The Laramie County Sheriff’s Office caught 32 illegal immigrant truck drivers this week during a three-day crackdown called “Truck Around and Find Out.” They made 177 stops overall and wrote 51 tickets. ** Average daily crude oil production in the United States …
Steady oilfield activity continues in Oklahoma and the U.S.
Another strong week of oil and gas drilling in Oklahoma was reported in the latest Baker Hughes Rig Count released Friday. Oklahoma’s count was unchanged with a total of 45 rigs. It compares to 49 rigs reported a year ago by Baker Hughes. The U.S. count was 550 with a drop of one rig compared …
Lesser prairie-chicken no longer protected as endangered species
Administration reverses Obama and Biden protective orders For years, the oil and gas industry and farm groups in Oklahoma were among those who fought the government’s designation of the lesser prairie-chicken as an endangered species. The fight has ended with the Trump administration’s recent announcement that the U.S. Fish and Wildlife Service plans to publish …
Greenpeace to be ordered to pay $345 million to Energy Transfer over 2016 protests
The announcement wasn’t good for environmental group Greenpeace over its pipeline protests dating back to 2016 bin North Dakota. A judge in Bismarck has said he plans to order Greenpeace to pay damages expected to total $345 million in the lawsuit won by the owners of the Dakota Access oil pipeline. The Associated Press …
Most 2025 Gas Pipelines Link South Central to Supply
U.S. Natural Gas Pipeline Capacity Increased by 6.3 Bcf/d in 2025 Natural gas pipeline projects completed in the United States in 2025 increased capacity by approximately 6.3 billion cubic feet per day (Bcf/d), according to the U.S. Energy Information Administration’s Natural Gas Pipeline Projects Tracker. A substantial portion, 85%, or 5.3 Bcf/d, of this new …
U.S. Power Grid to Add Record 86 GW of Capacity in 2026
U.S. Power Grid to Add 86 GW of New Generating Capacity in 2026 U.S. power plant developers and operators plan to add 86 gigawatts (GW) of new utility-scale electric generating capacity to the U.S. power grid in 2026 in the latest Preliminary Monthly Electric Generator Inventory report from the U.S. Energy Information Administration, a record …
Major rival emerges for Stillwater rare earth magnet firm
Rare Earth Magnet Manufacturing Expands as MP Materials Announces Texas Campus A month after Stillwater-based USA Rare Earth, LLC announced a major move in its production of rare earth magnets, the firm apparently has some major competition making its own significant announcement. MP Materials Corp. announced it has selected a 120-acre site in Northlake, Texas, …
US and Iran stalemate sent oil prices climbing on Friday
After U.S. and Iran’s nuclear talks ended in a stalemate raising more fears there will be an armed exchange in the Middle East, crude oil prices rose nearly 3% on Friday. Investors are worried any armed launch by the U.S. will disrupting oil supplies out of the region. President Donald Trump told reporters on Friday …
Slight gain in crude oil prices following end of latest US and Iran nuclear talks
The end of a third round of nuclear talks between the U.S. and Iran sent crude oil prices rising ever so slightly on Thursday. It was described as “choppy” trading by Reuters. Brent crude futures expiring in April finished up 0.6% to $71.14 per barrel. West Texas Intermediate crude settled at $65.60 a barrel after …