While the Energy Information Administration reported last week large gains to liquid petroleum stockpiles in the U.S., one energy analyzing firm in Houston says the levels are still weaker than last year’s level. Stratas Advisors, based in Houston indicated the crude stocks moved up by 6.81 million barrels while most analysts expected a decline of …
In a water ruling against an environmental group challenging actions of the U.S. Army Corps of Engineers, a New Mexico federal judge resorted to quoting the bible. The ruling against the WildEarth Guardians, a group based in Santa Fe, U.S. District Judge Robert C. Brack began his ruling with the quote: And Elijah the Tishbite, …
Two railroad workers exposed to chemicals in a 2007 Burlington Northern Santa Fe train incident near Ottawa, Kansas have won their case with the U.S. 10th Circuit Court of Appeals in Denver. The Appeals court reversed a lower court ruling against Larry D. Lincoln and Brad C. Mosbrucker who were partially and permanently disabled after …
In nearly 15 months, the massive amount of oil stored at the Cushing hub has plummeted an estimated 60 percent, easing a bottleneck that in 2017 slowed the transportation of Midwest oil to terminals on the Gulf Coast. As Jack Money at the Oklahoman reported, expansion efforts have eased the storage problem at Cushing, going …
Drivers for utility companies, oil and gas firms and electric cooperatives might find something new in the state as they travel state highways—-more cable barriers instead of the concrete barriers. As the Journal Record reported recently, the Oklahoma Department of Transportation is in the process of possibly replacing guard rails with cable barriers on some …
The Oklahoma Corporation Commission indicates the well that blew up last January killing 5 men near Quinton has been completed. Spokesman Matt Skinner told the Tulsa World the well is one step from being put into production. The cause of the deadly explosion and fire remains under investigation and just last week, the U.S. Chemical …
Oklahoma’s energy industry through its growing employment helped push the state’s jobless rate to 3.8 percent, the lowest such rate since August 2008. The Oklahoma Employment Security Commission reports the state added 3,548 to its labor force last month and 27,148 over the past year. Energy falls under the Commission’s Mining and Logging sector …
As the head of the Association of Oklahoma General Contractors, Bobby Stem says the recent record rains and flooding that washed out a bridge in the city of Norman should be a warning…the state cannot let up on its continued improvement of roads and bridges. Record rainfall totalling at least 5 inches in south Oklahoma …
Oklahoma Gas and Electric announced it has completed the issuance of $400 million in Senior Notes. The 3.80% notes were series due August 15, 2028. In a filing with the Securities Exchange Commission, the announcement was made by OGE Energy Corp., the parent company of OGE. “OGE Energy Corp. (the “Company”) is the parent company …
The number of oil and gas rigs working in Oklahoma grew by one in the past week to reach 140 while nationally, the count was unchanged at 1,057. Nationally, the number of oil rigs remained at 869 while the number of gas rigs was also unchanged at 186. Still, the national count is 111 higher …