BNSF Breaks Ground on North Texas Logistics Center in Gunter It’s a new dawn for transportation through Grayson County as Burlington Northern Santa Fe Railway (BNSF) broke ground Thursday for a North Texas logistics center in Gunter. “It’s an exciting time to have a facility of this size in our area,” said Grayson County Judge …
Crude oil prices were back up again at mid-week and the upward spiral happened after both Israel and Iran threatened more attacks on petroleum operations. International prices rose to nearly $110 a barrel. Bunker busting bombs were dropped on missile sites along the Strait of Hormuz where oil tankers have been stalled. AAA reported that …
As Devon Energy prepares to hold an approaching annual meeting of stockholders where they will vote on the merger with Coterra Energy, the Oklahoma City company also released its earnings report this week covering the fourth quarter and all of 2025. Devon recorded operations generated $1.5 billion of operating cash flow and $702 million …
Days after Empire Petroleum Corporation announced plans in its year-end financial update to take advantage of the higher oil prices, the Tulsa energy company made another big announcement….it has elected to participate in a new oil and natural gas development program in Louisiana. Empire called the move a “meaningful addition to the Company’s ongoing development …
Motorists who rely on gasoline or electric vehicles might be totally unaware of the price of diesel fuel and how it’s soared since the war against Iran and the shutdown of the Strait of Hormuz where 20% of the world’s oil supply passes. But they might soon be paying close attention. Diesel fuel now averages …
A bill to expand the NOAA radio network across the nation won support this week in a U.S. House committee. The vote was in the House Committee on Science, Space, and Technology which passed H.R. 7813, the NOAA Weather Radio Modernization Act, at a full committee markup. The bipartisan legislation directs the National Oceanic …
https://www.facebook.com/reel/1913711342579525 The impact of the war against Iran on prices we pay at home. It’s a key discussion on the latest edition of Scott Mitchell Talks Energy with Jerry Bohnen as they delve into rising crude oil prices, prices at the pumps and more. Plus, a dropout of a Corporation Commission candidate and a data …
A nearly 4,000-acre wildfire is still burning near Altus in the southwest part of the state of Oklahoma. The Oklahoma Forestry Service reports the Salt Fork Fire in Jackson County is about 80% contained. It reported the swatch of destruction at 3,656 acres as of Wednesday morning. The fire was still burning near the small …
Stardust Power Narrows Losses, Advances Muskogee Lithium Refinery Lithium mining operator Stardust Power Inc. reported its losses in 2025 were less than the previous year and it is making permitting progress to advance toward construction and commissioning of its Muskogee lithium refining project. The developer of battery-grade lithium carbonate released its fourth quarter and year-ended …
Strait of Hormuz tensions and global oil supply risks The U.S. used 5,000-pound deep penetrator bombs to attack Iranian missile sites in the Strait of Hormuz. At present, following Iranian threats to target ships, many vessels are avoiding the Strait of Hormuz, a critical artery for the global energy market, through which about 20% of …