Following a 6% gain in prices last week, crude oil futures took a break on Monday and had little change while Oklahoma energy stocks recorded gains for the day. Concerns about interest rates and global demand were blamed for the stall in prices. West Texas Intermediate crude gained 8 cents or 0.1% to close at …
A new report shows the government anticipates increased new well oil and gas production in most of the shale plays in the U.S. The Anadarko, the Bakken, Eagle Ford, Niobrara and the Permian Basin will see gains in both oil production and gas production from February to March. The U.S. Energy Information Administration reported …
Several energy-related bills will be heard in committee this week at the Oklahoma State Capitol. They will be heard before the House Energy and Natural Resources Committee chaired by Rep. Brad Boles of Marlow. When: Wednesday, February 14, 2024 3:00 PM Where: Room 206 Agenda: 1. Welcome and Introductions 2. HB3193 – Water and water rights; …
Coming this week, the fourth quarter earnings report from The Williams Companies, Inc. Investment companies have raised the same question OK Energy Today brought up last month in announcing the Feb. 14 release of the earnings report—can the fourth quarter be as strong as the third quarter? The results will be released before the …
The Oklahoma Broadband Governing Board will meet at 10:00 a.m. on Tuesday, February 13, in the First Floor Conference Room, Suite 105, of the Harvey Parkway Building, 301 Northwest 63rd Street, Oklahoma City, OK 73116. 1. Call to Order, Welcome, and Determination of a Quorum 2. Compliance with Open Meeting Act 3. Office Policy regarding Comments …
Some legal observers contend a Tulsa federal judge’s ruling in December to force Enel Green Power to tear down the 84 wind turbines it built more than a decade ago on Osage Nation land is a sign of the ability of Indian tribes to wage their fights in court. This week, another tribal energy …
Democrats in New Mexico who are critical of the oil and gas industry have passed legislation to force companies to pay higher royalty rates on state land leasses. A bill to do such won approval over the weekend on a 39-28 vote as one sponsor said the state has a duty to maximize profits …
The fracking fight in Colorado promises to heat up again this year as the state’s Democratic senators proclaim they plan to introduce a bill to ban new oil and gas drilling in the state by 2030. They further want to force companies to pay more to seal or plug old wells, adding to the …
While the Biden administration faces growing criticism from Republican and Democrat critics over its moratorium on some LNG shipments to Europe, some believe there won’t be a solution before the Presidential election in November. Further, one professor of Global Energy says the freeze on new LNG export approvals also will not stop a massive …
** Permian rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a merger that would create an oil and gas company that could be valued at more than $50 billion, the Wall Street Journal reported on Sunday. ** California’s plan to lower electricity rates and relieve the burden on low-income households, in particular, …
