Oil futures declined on Thursday, with prices for the global Brent crude benchmark marking their lowest settlement since July as concerns remained over the outlook for demand. Oil prices saw even steeper losses early Thursday as the U.S. stock market sold off sharply on the heels of a tech selloff. West Texas Intermediate crude for October …
The U.S. Department of Energy won’t conduct a new sitewide environmental review of Los Alamos National Laboratory as it gears up to produce 30 nuclear warhead triggers by 2026, a decision that has irked critics who say the agency is pushing through plans without assessing possible problems at the site. The National Nuclear Security …
The Oklahoma City Branch of the Federal Reserve of Kansas City has released its latest issue of the quarterly publication the Oklahoma Economist. In 1920, the still-new state of Oklahoma was recovering from a global pandemic-the “Spanish flu”-and was suffering from a sharp downturn in commodity prices, both similar to situations today, according to …
The Sierra Club takes issue with the Consumer Energy Alliance which announced this week the savings of billions of dollars for Oklahomans through the use of natural gas. Rebecca Kling, Associate Press Secretary of the Sierra Club’s Beyond Coal Campaign says the Alliance is not a “neutral voice” because it is funded by fossil …
The Environmental Protection Agency is creating a new office in Lakewood, Coloroado to focus on cleaning up abandoned hardrock mining sites west of the Mississippi River, including the Bonita Peak Mining District where the Gold King Mine disaster originated in 2015. The Colorado Sun reported that the Office of Mountains, Deserts and Plains will be located in …
The tense differences between Oklahoma Corporation Commissioner Bob Anthony and the two remaining commissioners, Todd Hiett and Dana Murphy became more evident Thursday during their regular meeting. At one point during a discussion of Anthony’s effort to have the regulators vote in a reaffirmation of a statutory ban of accepting a bribe, Commissioner Murphy …
** The sight of a huge oil tanker that has taken on water and is leaning to one side off a remote stretch of Venezuela’s coast has triggered international calls for action. After years of neglect, the FSO Nabarima, a rusting hulk full of thick crude, is in a dangerous state of disrepair. ** Marathon Petroleum has announced …
Energy remains an issue in this year’s presidential campaign. Whether it’s President Trump’s efforts to reopen drilling on some national lands or Joe Biden’s one-time pledge to ban fracking. Axios.com’s Amy Harder reported Thursday the natural gas issue is one that is plaguing Biden. Joe Biden has the most aggressive climate-change plan in presidential election …
How the move will affect its flights in Oklahoma City and Tulsa is unclear, but United Airlines is furloughing more than 16,000 workers, just weeks after American Airlines announced intentions to furlough or layoff 19,000 workers because of COVID-19 and what it did to the airline industry. Furlough notices went out Wednesday to 16,370 United …
Denver-based Ovintiv Inc announced its Canadian subsidiary has ended its joint venture with PetroChina Canada Ltd., bringing an end to their 8-year partnership. Ovintiv and PCC have been in a productive joint venture in the Duvernay since 2012. Prior to this week’s agreement, the parties each held an approximate 50% interest across the entire asset with …
