Crude oil prices rose more than 2% on Monday while most Oklahoma energy stocks recorded losses for the day. The crude price gains came as new supply cuts in OPEC+ production are expected when the member countries meet early next week. West Texas Intermediate crude finished up $1.71 or 2.3% at $77.60 a barrel on …
The Halliburton Company declared a 2023 fourth quarter dividend of 16 cents a share on Monday. According to the announcement, the dividend will be payable on Dec. 27, 2023 to shareholders of record at the close of business on Dec. 7, 2023. The 16 cents is the same amount of the three previous quarterly …
A legal challenge was filed Monday by the state public employees association to the implementation of Oklahoma’s Energy Discrimination Act of 2022, an act that prohibits financial institutions from discriminating against the oil and gas industry. A lawsuit was filed in Oklahoma County District Court by Don Keenan, a retired state worker and former …
AAA estimates that more than 480,000 Oklahomans will be among the 55.4 million Americans who will travel 50 miles or more away from home over the long 2023 Thanksgiving holiday weekend, an increase of 1.1% compared to the 2022 Oklahoma Thanksgiving travel volume. 2023 Projected Thanksgiving Holiday Travelers – Oklahoma NUMBER OF TRAVELERS Total …
Oklahoma U.S. Sen. James Lankford and two other senators want to do more to enhance the country’s ability to produce minerals used in critical technologies and at the same time thwart the supply chain control wielded by Communist China. Lankford joined Senate Select Committee on Intelligence Chairman Mark Warner (D-VA) and Vice Chairman Marco …
For the 2023-2024 school year, Oklahoma Gas & Electric (OG&E) will donate $30,000 in Positive Teacher Grants to fund teacher projects through DonorsChoose, benefiting schools where most students come from low-income households. Engaging activities and hands-on learning increase students’ academic achievement and understanding of concepts taught in the classroom, but additional funding for teaching …
The Biden administration is moving ahead with the next step in its plans to close the western slope of the Rockies in Colorado to oil and gas exploration. The U.S. Forest Service proposes making 224,704 acres of National Forest Service and Bureau of Land Management lands be “withdrawn from all forms of entry, appropriation …
More than 200 workers employed by Cooks Venture, Inc. in Oklahoma and Arkansas are losing their jobs this week as the company couldn’t obtain adequate financing for its operations. The company notified Oklahoma’s Office of Workforce Development, explaining its meat operations in Jay were closing immediately. The shutdown also applied to the company’s hatchery …
** The Hill reports many major U.S. corporations are lobbying against policies that would mitigate climate change despite having promised to cut their own emissions, according to a new report. A report from the group InfluenceMap found 58 percent of companies set concrete climate targets that were contradicted by their own lobbying. ** A federal judge …
On this week’s podcast of Mitchell Talks Energy with Jerry Bohnen, the two hold a discussion about the Oklahoma Attorney General’s subpoena of the Corporation Commission. What might have sparked the attorney general to do what he did and what could it mean for his investigation into alleged market manipulation of natural gas …
