The Red Sea attacks by Yemini Houthi on martime ships resulted in a pause on BP shipments of oil, resulting in a gain in crude oil prices Monday. At the same time, most Oklahoma energy stocks also saw increases in the value of their shares. What resulted was a gain of $1.04 or 1.46% to …
December 18, 2023 archive
American Airlines to add 300 jobs in Tulsa thanks to Commerce Department funding
(Stephen Pingry, Tulsa World Archive)il Print Copy article link Save The Oklahoma Commerce Department recently awarded $22 million to American Airlines in Tulsa where 300 jobs will be added to the major aircraft center. “We graciously thank Gov. (Kevin) Stitt, Lt. Gov. (Matt) Pinnell and the state of Oklahoma Department of Commerce for recognizing the …
Northwest Oklahoma could have a White Christmas—maybe
If Oklahoma Climatologist Gary McManus is correct, there is a remote chance of a White Christmas for parts of Oklahoma…mostly in the northwest. In his Monday prognostication, he explained chances will increase because of the latest storm slipping down from the north. “It is a lovely southern track storm though, ain’t it? It’ll pound California …
Rural electric cooperative volunteers return from good-will mission to Central America
Volunteers from several Oklahoma Electric cooperatives as well as others in Colorado and Arkansas have just returned from a 14-day goodwill mission to bring electricity to farming villages in Guatemala. It was in the mountainous region of Alta Verapaz of Guatelama where people got electricity for the first time. The volunteers took part in …
Brace yourself for increased Christmas travel on the roads and airports
Yes, it’s about here—Christmas Holiday travel time, when airports are jammed with package-laden travelers and highways are filled with drivers trying to get to their destinations. If you think it’ll be elbow-to-elbow at airports and on the highways, you’re right because of increased travel. AAA projects 115.2 million travelers will be on the road …
Oklahoma well operator targeted by House Democrats in climate probe
Democrats on the House Energy and Commerce Committee have targeted another oil and gas company over environmental and climate claims and it could involve wells in Oklahoma. They put Diversified Energy Co., the owner of more than 1,500 oil and gas wells in Oklahoma and Texas and also the largest owner of wells in …
Mild weather leads to lower natural gas production and prices
Just two years ago, natural gas prices hit historic highs in Oklahoma, leading to extensive long-term payments for customers of major utilities. This year is a different story as natural gas supplies have fallen, according to the U.S. Energy Department’s weekly inventory release. The past week was the sixth consecutive loss week over week …
Quick energy reads
** Oil and gas should not be demonised in the medium-term, Elon Musk, the founder of electric car maker Tesla, said on Saturday, but he also said it was important to reduce carbon emissions to preserve the planet. ** Asset manager BlackRock Inc has bowed out of talks to acquire Exxon Mobil Corp ‘s majority …
DEQ pushes more federal funding for climate pollution reduction
The Oklahoma Department of Environmental Quality is taking advantage of another new EPA round of funding to reduce climate pollution and a deadline is approaching in a few weeks. The DEQ stated the EPA recently announced funding opportunities for the Climate Pollution Reduction Grants and those interested in Oklahoma should be prepared to present …
Attorney General quiet about market manipulation probe
More than three weeks after thousands of email communications were surrendered to Oklahoma Attorney General Gentner Drummond in a probe of alleged market manipulation in natural gas prices during the 2021 winter storm Uri, little is known about the progress of reviewing them. “Regarding the subpoenas, I can only say that the documents were …
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