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Author Archives: Ross Torgerson

Bill to prohibit local fracking bans clears Senate panel

Senate Energy Committee

OKLAHOMA CITY — A Senate panel has approved a bill that would limit cities and towns from passing local ordinances restricting oil and gas drilling and exploration. The Senate Energy Committee voted 10-1 on Wednesday to advance the bill by Senate President Pro Tem Brian Bingman. The measure now heads to the full Senate. The bill is among several filed ...

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Here’s why Obama is approving Arctic drilling again

WASHINGTON – For a leader who has made fighting climate change a priority, President Barack Obama’s decision to approve Royal Dutch Shell’s return to oil and gas exploration off Alaska was seen by many environmentalists as a contradiction. On Tuesday, his administration upheld a 2008 Arctic lease sale, clearing an important hurdle for Shell. The Interior Department will now consider ...

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Upgrades to begin on Water Reclamation Facility in May

The Alamogordo City Commission approved $3,317,300 for phase two of the upgrade to the Water Reclamation Facility, which includes new sludge beds and an electrical power transmitter. The Water Reclamation Facility, also known as the wastewater treatment plant, produces gray water. “The water we produce from the wastewater treatment plant is water that we use for the irrigation of the ...

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US stocks ease for a second day; price of crude oil soars

NEW YORK — U.S. stocks are closing modestly lower, continuing a downward trajectory from the day before. The Dow Jones industrial average fell 77 points, or 0.4 percent, to 17,698 Wednesday. The Dow slumped 200 points on Tuesday. The Standard & Poor’s 500 index lost eight points, or 0.4 percent, to 2,059. The Nasdaq composite declined 20 points, also 0.4 ...

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Frank’s International to cut 600 jobs

Frank's International

As the calendar turns over to a new month, the storylines remain the same. Houston-based Frank’s International NV (NYSE: FI) announced on Wednesday in a statement that the company plans to cut up to 600 jobs, or 13 percent of its workforce, the Houston Business Journal reports. Frank’s International is an oilfield services company that specializes in casings, tubular services ...

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Trican lays off 137 employees

Trican

Trican Well Service recently laid off 137 employees based in Odessa, according to a notice filed with state regulators, representing another sign the strain of low prices on workers in the oil patch. The effective layoff date for the employees was March 20, according to a letter sent to the Texas Workforce Commission that was released to the Odessa American ...

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US offer for climate treaty: Up to 28 percent emissions cut

WASHINGTON — In a highly anticipated announcement, the United States will offer a roughly 28 percent emissions cut as its contribution to a major global climate treaty nearing the final stages of negotiation, according to people briefed on the White House’s plans. The U.S. plans to announce its commitment Tuesday, the informal deadline for nations to submit their contributions to ...

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BNSF railroad adds new safety rules for crude oil trains

OMAHA, Neb. — BNSF has started taking additional safety measures for crude oil shipments because of four recent high-profile derailments in the U.S. and Canada, the railroad said Monday. Under the changes, BNSF is slowing down crude oil trains to 35 mph in cities with more than 100,000 people and increasing track inspections near waterways. The Fort Worth, Texas, based ...

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