Crude oil prices in the U.S. dropped below $90 a barrel in Monday’s trading after Russia relaxed its fuel ban and investors eyed elevated interest rates that might affect demand. At the same time, Oklahoma energy stocks scored moderate gains on the day. West Texas Intermediate crude, considered the U.S. benchmark, fell 35 cents and …
A construction crew hit a buried 16-inch oil pipeline Monday morning in northwest Oklahoma City sending a geyser of oil spewing into the air. No injuries were reported when the oil spill was created near NW 178th street and Portland Avenue, reported News 9 TV. Click here for News 9
While gasoline prices took a slight drop in the past week, motorists in some Oklahoma counties have seen just the opposite. Coal County in the southeast has the highest average price at $4.26 a gallon of regular gasoline, reported AAA. Crude oil prices in the U.S. are holding at more than $90 a barrel …
An estimated $25 million has been awarded Oklahoma Indian tribes by the U.S. Department of Interior for cleanup and plugging of abandoned oil and gas wells. The Interior Department indicated the funding for the Osage Nation, the Muscogee (Creek) Nation, the Kiowa Indian Tribe of Oklahoma and the Chickasaw Nation was part of nearly …
Oklahoma Corporation Commissioners will meet Tuesday afternoon at the state capitol for what appears to be a routine business session. Issues at hand include the 24-hour signing agenda and one of the items is a request from EPIC Charter schools for funding from the Oklahoma Universal Service Fund. Empire District Electric Company of Kansas …
It wasn’t an OG&E bill that arrived in the Monday morning mail this week, but a notice to customers that they will be facing another jump in their bills because of a rate hike sought by the utility. In essence, get ready for another $2.21 per month to be added to an average residential …
Bartlesville will be the site of a li-ion battery processing plant to be built by Blue Whale Materials, a sustainable li-ion battery recycling company. It will be Blue Whale’s first such processing operation and is part of the company’s effort to advance the domestic li-ion battery supply chain. Blue Whale’s commercial facility will be situated …
At least two presidential hopefuls, North Dakota Gov. Doug Burgum and former U.S. Ambassador to the U.N., Nikki Haley, were on hand Monday for an energy gathering in Oklahoma City’s Hamm Institute for American Energy. Founded by Continental Resources leader Harold Hamm, the Institute was the site of the American Energy Security Summit featuring …
The challenging winter storms of the past few years, notably Winter Storm Uri of 2021, certainly have the attention of the Federal Energy Regulatory Commission. It delved into the disastrous and deadly events of of Winter Storm Uri that pounded Oklahoma, Texas, Kansas and other states. As a result, FERC issued a report that …
Southern Arkansas is about to get a major plant to convert natural gas into high-grade diesel, naphtha and jet fuel. GTL Americas in Little Rock recently announced that South Korean conglomberate hyundai ENG America and Houston’s S&B Engineers and Constructors will be design and planning partners for the plant near Pine Bluff. Once completed, …
