Crude oi prices in the U.S. slipped in Monday’s trading while overseas, they went up 31 cents a barrel. Oklahoma energy stocks recorded ups and downs. What happened? Investors who cashed in on a seven-week high retreated as news spread about a possible recovery of China’s demand for oil imports. West Texas Intermediate crude …
January 2023 archive
Legislator wants end to non-disclosure agreements in government contracts
Rep. Tom Gann, R-Inola, this week filed a bill to prohibit the abuse of non-disclosure agreements, providing greater transparency in government. House Bill 1378 would require businesses of any kind seeking state or local incentives to fully disclose who they are and what they do and also would prevent government officials from entering …
Snowfall in most of Oklahoma?
Snow is expected to return to Oklahoma on Tuesday and some places of the state could get up to 5 and 6 inches of snowfall. Here are the important weather maps to consider. Heavier snowfall is expected in the eastern part of the state. For drivers heading west on Interstate 40 into the Texas …
Oklahoma regulators consider rule changes
Oklahoma Corporation Commissioners plan some rulemaking changes this week in a Wednesday meeting. The agenda for the Jan. 25 meeting includes discussion and possible votes on changes of rules for the Gas 7 Hazardous Liquid Pipeline Safety program and the Motor Carriers, Private Carriers and Transportation Network Companies. The Commission also scheduled an industry …
Oklahoma Governor wants internet expansion in the state
Gov. Kevin Stitt is intent on changing Oklahoma’s status as one of the least internet connected states in the nation. The Oklahoman reported the governor discussed his internet expansion plans at a recent gathering of state and federal telecommunications officials in Oklahoma City. Click here for The Oklahoman
Oklahoma gasoline prices climb higher again
Gasoline prices in Oklahoma soared higher in the past week, increasing as much as 14 cents a gallon and reaching a new statewide average of $3.08 a gallon. Milder weather in much of the nation is credited with resulting in more demand for gasoline, thus increasing the price at the pump. The American Automobile …
Energy story headlines
** US climate envoy John Kerry bluntly summed up in one word what the planet needs to avoid a global warming catastrophe at the World Economic Forum this week: money. ** One of the country’s first offshore wind projects comes to life off the coast of Massachusetts where the wind will be used as an emissions-free …
Keystone Pipeline spill cleanup at 85% in Kansas
Keystone Pipeline operator TC Energy reports it has cleaned up more than 85% of the 14,000 barrel leak of crude oil into a northern Kansas Creek. At the same time, the Washington County, Kansas, newspaper reported that the Keystone pipeline is by far the county’s biggest source of tax revenue. KCUR Radio reported nearly …
Alliance Resources announces new funding agreement
Tulsa’s major coal company, Alliance Coal, LLC made recent changes for new credit of $425 million. The company announced it entered into a credit agreement with various financial institutions including PNC Bank, National Association as administrative agency. The agreement not only provides for a $425 million revolving credit facility, but a sublimit of $15 …
Oil and gas group in Texas fights possible ban of gas stoves
The Texas Oil and Gas Association recently launched a petition drive against any proposed ban of gas stoves. This is what its alert stated: “The U.S. Consumer Product Safety Commission is considering a ban on natural gas stoves, a decision that would affect a wide range of Americans as over 40% of households use …
