October 30, 2023 archive

Winter forecast—higher fuel oil costs but lower propane expenditures

It wasn’t too many years ago when propane prices in Oklahoma and the Midwest were sky high during the winter, but this winter, Oklahomans who use propane for home heating will find a welcome scenario. A winter forecast from the U.S. Energy Information Administration predicts customers who use propane for home heating will see lower …

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Energy updates

** The Scheduled Special Meeting of the Oklahoma Space Industry Development Authority (OSIDA) scheduled for November 1st, 2023 has been cancelled. ** Cheniere Energy Partners, L.P.declared a cash distribution of $1.03 per common unit to unitholders of record as of November 6, 2023, comprised of a base amount equal to $0.775 and a variable amount …

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Chevron’s acquisition of Hess could mean oil production competition for Continental Resources

  Oklahoma City’s Continental Resources could see some increased competition in its oil and gas exploration in the Bakken shale play in North Dakota, thanks to last week’s announced deal by Chevron to buy Hess. Hess is one o f the largest operators in the Bakken play and the multi-billion dollar deal could mean an …

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