Wednesday brought another day of tumbling crude oil prices as they slipped 2% while investors gained a little more confidence that supplies won’t be disrupted by the fighting in Israel and Gaza. Plus, OPEC producer Saudi Arabia’s pledge to stablize the market eased some of the worries. West Texas Intermediate, the U.S. benchmark, dropped $2.48 …
The Oklahoma Broadband Governing Board has elected Dr. Jim Meek to serve as its chair and Amanda Mullins as its vice chair. The board selected Meek and Mullins by unanimous votes at its regular monthly meeting on Tuesday, October 10. The pair will lead the nine-member board as it oversees expansion of reliable and affordable high-speed internet service throughout the state. Meek, of Okmulgee, is an appointee …
Nearly six months after Pansonic Holdings Corporation reportedly stated it considered construction of a new battery factory in Oklahoma, there has been no public movement or discussion on the topic. Kyodo News reported in April of this year that Panasonic, the company that chose Kansas for the site of a $4 billion battery plant following …
The deadly and brutal attack by Hamas terrorists on Israel last weekend had Phillips 66 CEO Mark Lashier doing some quick defense of his company’s ties to Qatar. The Bartlesville Examiner-Enterprise reported Lashier made his comments as guest speeaker at the Bartlesville Regional Chamber of Commerce forum. “I’m not an expert on politics, but …
Wyoming legislators are considering legislation to stand up in defiance of the Biden administration’s proposed plan to put 3.6 million acres of land in the state off-limits. The Bureau of Land Management plan resulted in sizzling opposition among legislators who have drawn up their response in the form of legislation that would prohibit state …
A Louisiana federal judge has ruled in support of Devon Energy in a lawsuit against Texas Pacific Oil Company. The case involved settlement by Devon of a separate lawsuit of which TP Oil was not a party but was a beneficiary. The original suit was filed by Wichita Partnership, Ltd. against Apache Corporation and …
** The White House is standing by President Biden’s statement earlier this year that climate change poses the largest threat to humanity, even as thousands of people have been killed or wounded after a radical Iran-backed terrorist group unleashed violence across Israel over the weekend. ** Navigator CO2 Ventures announced Tuesday that it is putting on hold …
The nation’s Strategic Petroleum Reserve, the one drained by President Biden in an effort last year to lower nationwide gasoline prices, is in an even brighter spotlight because of the attack by Hamas on Israel and the declared war. Crude oil prices surged on Monday, then lowered slightly on Tuesday. Both Brent crude, the …
A challenge by Oklahoma and eleven other Republican-led states to the Biden administration’s use of estimates for the social cost of greenhouse gas emissions in the issuance of regulations was rejected by the U.S. Supreme Court. The Court turned away the appeal and did so without explanation or any published dissent. As a result, …
Just as we reported how Oklahoma, Arkansas and Louisiana leaders awaited an announcement about the government’s $7 billion in funding for proposed hydrogen hubs, a report indicated the President might reveal the choices this week. Bloomberg indicated the announcement might come on Friday when President Biden is scheduled to travel to Pennsylvania where the …
