ONEOK, Inc. is going after more investors at a New York investment conference. The company will take part in the Bernstein Strategic Decisions Conference May 31 and June 1. Management will take part in a fireside chat session at 1:30 p.m. Central Daylight time on Wednesday, May 31. A link to the live webcast, …
May 2023 archive
Crude oil prices take another big drop and OK energy stocks fell as well
Not only did crude oil prices fall more than 4% in Tuesday’s trading after the long Memorial Day Holiday weekend, but Oklahoma energy stocks fell as much. Growing doubts whether Congress will pass the U.S. debt ceiling package were one of the causes while there were concerns over messages from major producers regarding the …
Biden-McCarthy deal opposed by Congressman Brecheen
Count Oklahoma Congressman Josh Brecheen among the hard-right Republicans who are in open revolt over Speaker Kevin McCarthy’s deal with President Biden to raise the government debt ceiling and set federal spending limits. It’s a deal that included approval of the long-delayed $6.6 billion Mountain Valley natural gas pipeline in West Virginia. But if …
Senator concerned about lack of broadband download speed
A report by the Kansas Reflector indicated U.S. Sen. Jerry Moran is not happy with the state’s performance of its existing broadband system. Kansas was ranked last on average internet download speed in a report by Broadbandnow Research. At least Kansas was ranked 30 best overall out of the states. Oklahoma might have a …
Summer’s here and AAA says so is the 100 deadliest days of the year
The unofficial start to summer has arrived ― the season for backyard barbecues, road trips, ball games and basking in the sun. But AAA Oklahoma reminds that the period between Memorial Day and Labor Day is also a season of increased risk on the roadways, making those summer days the 100 Deadliest Days of the year. …
Sen. Mullin says Biden’s green energy policies are hurting nation’s power grids
Oklahoma U.S. Sen. Markwayne Mullin is making his repeated case that the nation is suffering from President Biden’s rush to green energy policies and the climate hysteria of Democrats is getting ahead of operational reality. In his latest opinion piece, entitled “Sounding the alarm on grid reliability, again,” the Republican Senator said the Biden …
Price manipulation lawsuit over 2021 winter storm moved to federal court
An examination of the price manipulation lawsuit filed by Kansas Attorney General Kris Kobach against Macquarie Energy over the February 2021 Winter Storm Uri shows Oklahoma had a role in what led to historic natural gas prices. Kobach filed suit against the Houston company, alleging the company intentionally carried out certain gas trade steps …
Headlines of other energy stories
** A new reactor at a nuclear power plant in Georgia has reached its full power output for the first time and is scheduled to enter commercial operation within the next month. Georgia Power Co. announced Monday that Unit 3 at Plant Vogtle, southeast of Augusta, has reached its full output of 1,100 megawatts of electricity. ** Anti-pipeline activists gear …
Completion reports for May 29, 2023
completions: none were processed today
Permits to drill for May 29, 2023
permits: none were processed today