Thursday’s trading saw crude oil prices in the U.S. rise again while global oil prices slipped largely because of a weak U.S. dollar. But the day’s trading also brought a dramatic loss for ONE Gas Inc. and others. West Texas Intermediate crude for January delivery went up 67 cents to close at $81.22 a …
December 2022 archive
Keep Oklahoma Beautiful honors for Galvanic Energy
Oklahoma City-based Galvanic Energy, a company hoping to tap the EV battery industry with development of lithium production, was named the Vanguard Award winner by Keep Oklahoma Beautiful. The award was given to Galvanic Energy for its focus on environmental stewardship as it works to develop domestic resources in support of American battery manufacturing required …
New airport terminal dedicated at Weatherford
The Weatherford Stafford Airport had a recent unveiling of a new terminal building. The $1.6 million project took 11 months to build and replaces the former terminal that was part of the Stafford Air and Space Museum and is nearly three times larger than the previous terminal. U.S. Sen. Jim Inhofe was the keynote …
Coterra Energy enters plea in Pennsylvania water contamination case
Coterra Energy Inc., a Houston, Texas company with extensive drilling operations in Oklahoma, pleaded no contest this week to criminal charges of contaminating drinking water in a rural Pennsylvania town. The firm agreed to pay millions for a new water supply. The alleged contamination happened more than a decade ago and the plea made …
Biden’s Energy Department nominees run into blunt opposition
A Biden Energy Department nominee got blunt criticism and opposition this week from one U.S. Senator who stated the following during a Senate confirmation hearing. “—a former CEO who got fired for his poor investment strategy. “He’s an activist who’s called for bullying other companies that do not subscribe to his self-described ‘green dream.’ …
Enverus reports drop in nation’s rig count
A new rig report from Enverus Foundations indicated a drop in the number of oil and gas rigs actively seeking new energy in the U.S. Enverus reported the nation’s rig count dropped by 14 for the week ended Nov. 30. The total of 873 active rigs is down 2% from a month ago, but …
ONE Gas suffers 18% loss in Thursday’s trading after issuing optimistic 5-year forecast
One day after ONE Gas, Inc., parent company of Oklahoma Natural gas, Kansas Gas Service and Texas Gas Service, issued its 2023 financial guidance, the Tulsa-based firm suffered a major loss in Thursday’s trading. Shares plunged nearly 18% and closed down $15.34 each or 17.64% to $71.61. The dramatic drop came a day after …
Dallas to ban gasoline lawnmowers? Could be
Critics of the liberal-bent environmental leaders in California often advise Californians who are moving to Texas—don’t bring your liberal attitudes with you. But now Dallas might do what some California cities have done—ban the use of gasoline-powered lawnmowers and leaf blowers. The Dallas Morning News reported that Dallas officials, citing health, noise and environmental …
Rep. Mullin says Biden’s Chevron decision overlooks energy security
Oklahoma Congressman Markwayne Mullin attacked President Biden’s approval for Chevron to begin oil production in Venezuela, saying the President failed to understand that American energy independence brings global stabilization. In his latest “Mullin’ It Over” column, the Republican Representative suggested the President forgot that Venezuelan President Maduro has strong ties to Russia’s Vladimir Putin …
Enviros sue government in New Mexico over minnow
The tiny Rio Grande silvery minnow became the focal point of a federal lawsuit filed Wednesday in New Mexico against the U.S. government. Environmental groups, led by WildEarth Guardians, accused the Bureau of Reclamation and the Fish and Wildlife Service of not doing enough to protect the minnow reported the Albuquerque Journal. Click here …