Crude oil prices dropped more than a dollar a barrel in trading on Friday and Oklahoma energy stocks fell as well, some as much as 6% for the day. The dollar strengthened and oil traders booked profits according to Reuters. West Texas Intermediate crude fell $1.47 or 1.9% per barrel to $75.42 on the New …
Stop oil and gas production as some environmentalists and many in the Biden administration want? The following is a list of the products that the nation would lose…products that all Americans cannot do without. More than 6,000 manufactured items come from oil and gas. Stop all oil and gas production and you wouldn’t have …
Shaky ground in the Permian Basin. Those earthquakes linked to oil and gas exploration are getting more and more attention from not just residents and the oil and gas industry, but scientists too. Just as they did in Oklahoma several years ago. Click here for Carlsbad Current-Argus.
The EPA’s $3 million settlement and fines against Callon Permian LLC for emissions from tanks, flares and other equipment in the Permian Basin is a done deal. The Environmental Protection Agency formally issued a Consent Agreement and Final Order against the Texas energy company after the EPA identified the violations by using a helicopter …
The requests of more than two dozen oil refineries to be exempt from US biofuel-blending requirements were rejected Friday by the Biden administration. It’s unknown who were the 15 unidentified small refineries that lost a decision by the Environmental Protection Agency. The refineries wanted the waivers from requirements to blend renewable fuels into gasoline …
A fight is in the making over the U.S. Fish and Wildlife Service decision to declare the Dunes Sagebrush Lizard an endangered species in the Permian Basin. The Service wants to shut down production in nine counties of the Basin and boy, has it angered Texas Congressman August Pfluger, State Sen. Kevin Sparks, the …
Now some second thoughts are being raised in Panasonic’s decision to build its $4 billion electric vehicle battery plant in Kansas rather than Oklahoma. Remember the race between the two states several months ago and how disappointed Oklahoma leaders were when the company announced its decision to go with the incentives offered by …
Although it is projected that Texas’ power market will double by 2035 largely due to renewable generation, it is likely that wind and solar generation will be increasingly curtailed without upgrades to the state’s transmission system. This forboding outcome is according to a recent analysis by the U.S. Energy Information Administration. The analysis explains that …
Tulsa-based Williams plans to announce its second quarter 2023 financial results after the market closes on Wednesday, Aug. 2, 2023. The company’s second quarter 2023 earnings conference call and webcast with analysts and investors is scheduled for Thursday, Aug. 3, 2023, at 8:30 a.m. Central Time. To register for the conference call, click here. …
Texas-based Energy Transfer LP recently announced that it plans to release its second quarter earnings for 2023 on Wednesday, August 2, 2023, after the market closes. The company will also conduct a conference call on Wednesday, August 2, 2023 at 3:30 p.m. Central Time to discuss quarterly results and provide a company update. The conference …
