Oil prices continued to rise on Monday and posted a seventh-straight consecutive gain, according to Bloomberg MarketWatch. August West Texas Intermediate crude rose $1.03, or 2.2%, to settle at $47.07 a barrel on the New York Mercantile Exchange. September Brent crude, the global benchmark, tacked on 91 cents, or 1.9%, to end trading at $49.68 a …
July 4, 2017 archive
Mullin Breaks Pledge—-Will Seek a 4th Term Saying He Wants to Make a Difference
U.S. Rep. Markwayne Mullin announced July 4 he will forego his pledge to serve only six years in the U.S. House and seek a 4th term. The Republican who serves on the House Energy and Commerce Committee and three of its subcommittees and is a deputy Republican whip admits he made a mistake six years …
Pawnee Nation Fights Government in Earthquake Lawsuit
The Pawnee Nation is standing up to the U.S. Interior Department and hopes the U.S. District Court in Tulsa will allow the tribe’s lawsuit filed last year over oilfield jurisdiction and earthquakes will be allowed to move forward. In a recent filing, the Nation said the Interior Department was wrong to attempt to …
Lankford Targets “Social Cost” of Climate Change Rules
Oklahoma U.S. Sen. James Lankford and West Virginia Rep. Evan Jenkins have introduced what they call the Transparency and Honesty in Energy Regulations Act. It is a bill to prohibit the federal government from using the flawed social cost of carbon, social cost of methane, social cost of nitrous oxide or the social cost of …
Oil and Gas Group Hires First Field Representative
The first field representative for the Oklahoma Oil and Gas Association has been hired. He is Bray Haven whose responsibilities will be to focus on relations between the oil and gas industry and community leaders, especially in those areas where there is active development. And his main geographic area of emphasis will be covering the …
New CEO Named at Tulsa Pipeline Inspection Company
Sand Springs-based Frontier Integrity Solutions, an oil and gas pipeline inspection company has announced the naming of Keyth Pengal as CEO. He and oil and gas industry veteran Bill Boyer have been added immediately to the company’s Board of Directors. Pengal has more than 25 years of operating experience and most recently was a Managing …
White Star Sells Field Office Site in Stillwater
Oklahoma City-based White Star Petroleum LLC has announced the $5.2 million sale of an office building, equipment yard and parking lot in Stillwater. The sale was to J and R Investments. The 17-acre site is northwest of the campus of Oklahoma State University. White Star, formerly known as American Energy Partners, will stay the tenant …
Oklahoma’s Economy is Finally Improving
Oklahoma’s economy is finally growing stronger along with those in 8 other mid-western states according to Creighton University’s Mid-America Business Conditions Index. Economist Ernie Goss says the findings for June 2017 were among the best he’s found since 2011 in his monthly surveys of supply managers. “The overall index over the past several months indicates …
Oilfield Trucks Increase Highway Dangers and Damage in Kingfisher County
With Kingfisher County one of the hotbeds of oil and gas activity due to its position in the STACK, increased truck traffic is being targeted by county officials. The traffic is not only tearing up roads but turning deadly. Worried about the damage to highways and traffic dangers because of the increase in trucks, sheriff …