Monday turned out to be an up day for crude futures and for energy stocks in Oklahoma and those with ties to the state. West Texas Intermediate December contracts finished up 12 cents for a change of 0.29% to settle at $41.46 per barrel. Brent crude, considered the global benchmark finished up $1.04 fat …
(photo courtesy of KOCO TV) “A vaccine is on its way but we need to buckle down until then.” Gov. Kevin Stitt. Nov. 16, 2020. Oklahoma Gov. Kevin Stitt on Monday announced new restrictions in wake of increased cases of COVID-19 in the state including some aimed at bars and restaurants. He also ordered …
A partnership between the Oklahoma Department of Transportation (ODOT), the Oklahoma Highway Safety Office and the people of Oklahoma Oil & Natural Gas has garnered national recognition. Supported by the people of Oklahoma Oil & Natural Gas, the Energize for Safety Coalition fostered a collaborative effort to create the State Highway 33 Safety Corridor …
Oklahoma Gov. Kevin Stitt has asked FEMA to issue a Major Disaster Declaration for 13 counties hit with an estimated $27 million in damages and costs due to the October ice storm. The ice storm left hundreds of thousands without electrical power and some customers didn’t get it restored for two weeks after the …
A new national survey claims most Americans won’t travel this holiday season. I know, I know. If the political polls couldn’t get things right in the presidential and congressional elections, why should we believe the survey taken by the American Hotel and Lodging Association. But here goes. It says 72% of us are unlikely …
When it comes to growth in wind power, Oklahoma and Texas could be on their way to creating a record-breaking year across the U.S. A report by Renewables Now indicated Texas still had the most wind turbine capacity of all states with 29.1 GW in place as of August this year. The state is …
“When you dig deeply into the House and Senate results, this election was actually an overwhelming victory for U.S. energy leadership and the millions of jobs and economic benefits our industry provides.” As the old saying goes, “when life gives you lemons, make lemonade.” And that’s apparently what the leader of the American …
Key Energy Services reported an adjusted nearly $4 million or 28 cent a share loss in its third quarter, an improvement over the previous quarter. But the adjusted loss totaled more than $10 million. The Houston-based company, one with a major field office in El Reno, Oklahoma reported the net loss of $3.9 million compared …
The Environmental Protection Agency’s rollback of leak detection and repair requirements for the oil and gas industry took effect on Monday But the rollbacks were also met by a legal move from environmental groups seeking a federal court order to block some of them. Led by the Environmental Defense Fund, 10 other health and …
Two nominations to the Federal Energy Regulatory Commission could be decided in part this week when they go before the U.S. Senate Energy and Natural Resources Committee. It could determine whether Republicans maintain control of FERC. The vote comes after the Trump administration removed Neil Chatterjee as chair of FERC and replaced him with …
