The senior vice president and chief financial officer at Williams says he’s retiring for good this time. John Chandler announced his intention to retire from the Tulsa company at the end of March 2022. Chandler has been the CFO since September 2017 and oversees all financial aspects of the company. He previously was the …
After 7 days of losses, crude oil jumped 5% on Monday
It took a week before crude oil prices finally managed a rebound on Monday, rising more than 5% thanks to a weaker dollar. In the states, West Texas Intermediate crude for October delivery jumped $3.50 or 5.6% to finish the day at $65.64 a barrel. Global benchmark Brent crude shot up $3.57 or 5.5% …
Michelin honored for Murray State College educational efforts
The efforts by Michelin to develop a stronger higher education learning environment in Oklahoma have been honored by the Oklahoma State Regents for Higher Education. Michelin’s collaboration with Murray State College was recently honored with a Regents’ Business Partnership Excellence Award reported the Ardmoreite. Michelin developed the cooperative effort with its local tire manufacturing …
Decline reported in associated gas produced in 5 major shale plays
The U.S. Energy Information Administration reports the annual production of natural gas from oil wells declined in the Anadarko Basin and four other major crude oil producing regions last year. It was the first such drop since 2016. The EIA reported the share of associated gas in the Anadarko, Permian, Bakken, Eagle Ford and …
Petroleum storage tank meeting scheduled by OCC
Staff at the Oklahoma Corporation Commission’s Petroleum Storage Tank Division move ahead with discussions on rule changes. The division plans another informal discussion with industry representatives on Thursday, Aug. 26 at 10 a.m. It will be an in-person meeting in Commission Courtroom 301 at the Jim Thorpe Office building in the state capitol complex. …
Gasoline prices at the pump fall with sliding oil prices
The nearly $5 a barrel slide in crude oil prices over the past week, until prices rebounded on Monday, led to a fall in nationwide gasoline prices. Oklahoma prices slipped one cent in the past week to settle at $2.86 per gallon regular gasoline. Prices at the pump were their lowest in three months …
Water safe to drink now at 2 Oklahoma sites
Boil orders issued by the Oklahoma Department of Environmental Quality for two water supplies in the state were lifted on Monday. The Oklahoma Department of Environmental Quality (DEQ) has announced that the boil order for the Osage Co. RWD #21 water system, located in Osage County has been lifted. The water is now safe …
Sierra Club’s widespread cultural problems
Published reports suggest that working at certain offices of the Sierra Club might have been pure hell. At least that’s what a consulting firm indicated after investigating and find widespread cultural problems at the environmental group that has state offices throughout the country, including Oklahoma. While the organization presented an image of caring about …
North Dakota oil industry struggles to bring workers back
North Dakota is the nation’s number 2 oil-producing state but its June production numbers were pretty flat. Crude oil production grew only slightly according to a report in the Williston Herald. Click here for Williston Herald
Rep. Mullin sees Port of Muskogee progress firsthand
Oklahoma U.S. Rep. Markwayne Mullin spent his House recess meeting with various groups and also getting an update on work on the Port of Muskogee. In a letter to constituents, the Republican Congressman said he met with Port officials to see up close the progress made since the 2019 flood. “This port is vital …
