Crude oil prices fell on Friday and Oklahoma energy stocks also had a weak day in trading. The fall in prices meant they wrapped up the week with a flat to lower finish, thanks to reports a strong Russian oil supply offset U.S. economic data that was better-than-expected. West Texas Intermediate crude dropped 1.6% …
Billionaire Bill Gates wants to stop cows from farting
Maybe Bill Gates got his advice from AOC, the congresswoman who blamed part of climate change on farting cattle. Gates is now investing money in an Australian climate tech company focused on livestock methane emissions reports Popular Mechanics. Click here for Popular Mechanics
Freeport LNG gets approval to restart operations
Federal regulators have given approval for Freeport LNG to restart its idled LNG export plant in Texas but it still might be March before production is underway. The LNG company’s plant has been barred from resuming production following a pipeline explosion in June of 2022 reported Reuters. Click here for Reuters
Crude oil made gains in Thursday’s trading but OK energy stocks had a weak day
Thursday’s trading resulted in a nearly 2% gain for crude oil prices after top oil importer China reopened its economy. Oklahoma energy stocks had another weak day. West Texas Intermediate crude went up 86 cents or 1.1% and settled at $81.01 per barrel on the New York Mercantile Exchange. Global benchmark Brent crude rose …
Oil and gas rig numbers declined in the past week reports Enverus
A report issued Thursday by the Enverus Foundation showed a drop in the number of oil and gas rigs in the Anadarko Basin and across the U.S. The U.S. rig count reached 872 during the week ended Jan. 25, falling by six from the previous week, according to Enverus Foundations data. The count …
Treasurer implements new trading platform for state office
Oklahoma State Treasurer Todd Russ’ office recently completed a transition from a 17-year-old proprietary bond trading platform to the Bloomberg Trading Terminal, the most up to date investment platform. “I am excited to have my office completely transitioned from an antiquated trading platform to Bloomberg. This important step allows our investments to compete in …
OGE honored for storm relief efforts
Edison Electric Institute (EEI) awarded Oklahoma Gas and Electric Company (OG&E), a subsidiary of OGE Energy Corp (NYSE: OGE), two Emergency Response Awards recognizing the electric company’s restoration efforts following a tornado in Seminole, Okla., last May and Hurricane Ian in Florida in September. EEI’s Emergency Response Awards recognize companies for outstanding recovery and …
Broken Arrow pothole caused a dozen blowouts
A pothole on the Broken Arrow Expressway left nearly a dozen motorists with flattened tires. News on 6 reported the dangerous pothole was located near the Utica exit and left drivers frustrated—to say the least. Click here for News on 6
Boulder might be next Colorado city to adopt natural gas ban
It’s no surprise that Boulder, Colorado might join the natural gas ban movement, considering how the city is reported to be one of the most liberal in the state. After all, it’s the home to the University of Colorado. Boulder’s mayor Aaron Brockett wants to ban gas in new buildings, joining the state’s first …
Oklahomans in Congress were not among those getting the most oil and gas money
Which members of Congress received the most political contributions from the oil and gas industry? They were not Oklahomans according to a report by E&E News. They were Representatives from Texas, Louisiana, California, Washington and New Mexico and most were Republicans. Click here to read E&E News
