Oklahoma oilman Harold Hamm joined two other business leaders on Friday in siding with the state in its fight against drug maker Johnson and Johnson’s appeal of being blamed for the state’s opioid crisis. Hamm, founder and owner of Continental Resources joined Oklahoma business leaders Bob Howard and Gene Rainbolt in a friend-of-the court …
Residents of Wichita are still talking about the weekend earthquakes that rumbled across their city—six or seven in one day. At least six were recorded and the largest measured 3.7 magnitude with an epicenter near the suburb of Bel Aire. It was the strongest to rattle the city in several years. Five other quakes …
The recent efforts of the Seminole Nation to take advantage of a U.S. Supreme Court decision to tax the oil and gas industry within its sovereign confines has angered some in the industry. Not to mention Attorney General Mike Hunter who in essence sent a “cease and desist” letter to tribal leaders to …
Not just Oklahoma motorists are facing growing gasoline prices but across the rest of the U.S. too. Auto club AAA reports the national average over the weekend was $2.21 per gallon for regular unleaded, up 5 cents from a week ago and a dime more than one month earlier. In Oklahoma, the average reached …
Recent increased crude oil prices might offer a glimmer of hope for some energy companies hoping to avoid bankruptcy. Ever since the COVID-19 pandemic struck the world, at least three major oil and gas operations in Oklahoma marched to bankruptcy court. Chesapeake Energy’s Chapter 11 filing in June of this year was the largest …
Regulators in Colorado reversed plans this week to force the shutdown of three coal-fired power plants in the state. The Air Quality Control Commission was unanimous in its decision reversing one made last week to require the Craig Station, the Platte River Power Authority’s Rawhide plant and the Ray Nix plant in Colorado Springs …
The U.S. oil and gas rig numbers increased by 8 in the past week to reach 346 according to the latest report from Baker Hughes Co. Oklahoma’s count remained unchanged at 14 rigs, still far below the 51 rigs reported one year ago. Nationally, the increased count included five more oil rigs to reach …
** A British man has been sentenced to two and a half years in prison by a Florida federal judge after he was convicted of attempting to smuggle an engine to Iran. The engine could be used to provide energy Iranian oil fields. ** Exxon Mobil Corporation is expected to invest more than $240 million in the …
