Large fire at Oklahoma gas plant forces major evacuations
A large fire Saturday afternoon engulfed a natural gas plant in...
A large fire Saturday afternoon engulfed a natural gas plant in the small northern Oklahoma town of Medford. Video posted to social media showed heavy flames and smoke billowing hundreds of feet into the air. The fire occurred at a "natural gas liquids fractionation facility" operated by ONEOK, a company spokesperson confirmed in a statement to CBS News. ONEOK said it was "unaware of any injuries." All residents within a two-mile radius of the plant were asked to immediately evacuate, the Grant County Sheriff's Office reported. The number of people being evacuated was unclear, although Medford has a population of about 930 people, according to the latest U.S. Census data.
Michael and Brittany Stone captured this video of an explosion in Medford, Oklahoma, near the Kansas border. This gas plant fire caused evacuations and road closures #KWCH12pic.twitter.com/V8Cy8FbYfM
Germany is rationing hot water and turning off the lights to reduce natural gas consumption
Last year, Germany relied on Russia for ...
Last year, Germany relied on Russia for 55% of its natural gas imports. Germany has since been able to reduce that number to 35%, but with Russia seemingly prepared to further cut gas shipments to Europe, German officials are having to make some difficult choices.
This week, a city official in Hamburg—Germany’s second-largest city—warned that “warm water could only be made available at certain times of the day in an emergency,” forecasting the possibility of a severe natural gas shortage. And on Friday, residents in the eastern German state of Saxony were told by their housing association that they could take hot showers only between 4 a.m. and 8 a.m., 11 a.m. and 1 p.m., and 5 p.m. and 9 p.m. each day, the Financial Times reported.
It isn’t just hot water that’s being rationed. In addition to shorter shower times, officials are asking city councils nationwide to turn off traffic lights at night, stop illuminating historic buildings, and go easy on using air conditioners in a bid to conserve electricity, according to the FT.
U.S. drillers add oil and gas rigs for fourth week in five
U.S. energy firms this week added oil and natural gas rigs for the fourth time in five weeks amid high...
U.S. energy firms this week added oil and natural gas rigs for the fourth time in five weeks amid high crude prices although the growth in rigs has been small and crude production has been slow to recover to pre-pandemic levels.
The total oil and gas rig count, an early indicator of future output, rose two to 752 in the week to July 8. U.S. oil rigs rose two to 597 this week, their highest since March 2020, while gas rigs were unchanged at 153.
Benchmark U.S. crude oil for August delivery rose $2.06 to $104.79 a barrel Friday. Brent crude for September delivery rose $2.37 to $107.02 a barrel.
Wholesale gasoline for August delivery rose 3 cents to $3.45 a gallon. August heating oil was unchanged at $3.67 a gallon. August natural gas fell 27 cents to $6.03 per 1,000 cubic feet.
Gasoline Prices See The Largest Drop In Nearly 15 Years
While gasoline prices are still $1.50 higher per gallon than they were this time last year, they fell...
While gasoline prices are still $1.50 higher per gallon than they were this time last year, they fell sharply overnight in what was the largest one-day drop in nearly 15 years, according to AAA data.
The current price for a gallon of gasoline in the United States is averaging $4.721 on Friday, down from $4.752 per gallon on Thursday—a 3.1-cent drop. The weekly change is even more significant at 12.1 cents.
According to Gas Buddy’s Patrick De Haan, more than 5,800 gas stations across the country are offering gasoline at $3.99 per gallon or less.