November 3, 2021 archive

Oklahoma’s Harold Hamm among world’s richest oil men

  This week’s  Bloomberg Billionaires Index showed how energy billionaires are becoming richer with many, including Oklahoman Harold Hamm of Continental Resources seeing large jumps in their wealth. Hamm ranked 137th on the entire Bloomberg list but when compared to other oil & gas billionaires, he was ranked 3rd richest oilman in the world. The top honor …

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Diamondback Energy pledges to hold costs down for another year

    Shale driller Diamondback Energy Inc. says it is preparing for a 10% jump in costs next year amid supply-chain snarls hitting the oil industry. The Permian Basin-focused driller, headquartered in Midland, Texas but with offices also in Oklahoma City, made a pledge this week to hold output steady through at least the end …

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St. Louis beer maker worried gas pipeline might be closed

  A polka-beer drinking song says “In Heaven, there is no beer—that’s why, we drink it here.” But a court battle over a natural gas pipeline in Missouri has some wondering if there’ll be no beer here. Spire’s natural gas pipeline battle in St. Louis finally got the attention of major businesses including the well-known …

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