Taking a drive this weekend? You’ll find gasoline prices down just a little, but the AAA warns, prices are likely to increase in the coming weeks because of what it described as “potential storm activity.” Oklahoma’s average price this week was $3.55 going into the weekend, down 6 cents from a week ago. Nationally, …
The abandoned Armour & Co. meatpacking plant in Fort Worth will soon be home to U.S. Energy Development Corporation. The Arlington, Texas company plans to relocate there and lease out the remaining office space once renovations are complete. US Energy bought the 51,000-square-foot building one year ago this month. Click here for Fort Worth …
Devon Energy, a leading oil and gas producer in the U.S., awarded 10 college scholarships to children of first responders in Oklahoma for the 2023-2024 school year, through its national partnership with First Responders Children’s Foundation (FRCF). The nonprofit organization is dedicated to serving the children of U.S. first responders. Across its asset areas, Devon’s …
The city of McLoud is giving serious thought to taking Oklahoma Gas and Electric Company to court over power pole and power line maintenance issues. The leaders of the city located just east of Oklahoma City, contend OG&E is not properly maintaining the lines and poles and as a result, they are becoming dangerous …
Thursday produced a volatile trading day for crude oil prices as they finallly closed slightly higher because of more demand worries and a strong dollar. Oklahoma energy stocks closed with moderate losses for most firms. West Texas Intermediate crude finished up 16 cents or 0.2% to close at $79.05 a barrel on the New York …
Tulsa’s AAON, a leader in HVAC manufacturing, announced a milestone achievement in its sustainability journey by activating 432 solar panels on the roof of its Exploration Center and adjacent NAIC lab (Norman Asbjornson Innovation Center). Public Service Company of Oklahoma gave the green light to activate the solar panels that generate about 240kW of solar …
As much as Democratic leaders in New Mexico dislike the oil and gas industry, they just love the amount of revenue it creates for the state. How about $3.5 billion “more” for next year’s budget? Thanks to growing production in the Permian Basin, New Mexico is flooded with revenue. The Albuquerque Journal reports that …
The Oklahoma Department of Environmental Quality is planning its first meeting for the Oklahoma Climate Polluton Reduction Grant program. It will be held Wednesday, August 30 at 1 p.m. at the DEQ headquarters in downtown Oklahoma City, 707 N. Robinson. Information will be presented about the Oklahoma grant from the Environmental Protection Agency, the …
The Oklahoma Energy Resources Board announce dthe appointment of Justin Byrne to its board of directors. Byrne serves as Senior Vice President, General Counsel, and Secretary at Canvas Energy, where he directs the company’s legal and land administration matters and provides commercial and executive leadership. “The OERB sets a national example of the …
The heat wave that has grasped the Southwest and the Midwest this summer finally prompted the Electric Reliability Council of Texas to urge residents to conserve electricity as they attempt to keep cool. ERCOT, the firm that operates the grid for more than 26 million customers on Thursday said it expects a “reserve capacity …
