A few things resulted in gains on Tuesday in crude oil prices—the Middle East conflict, the war in Ukraine and the U.S. Fed is waiting longer to cut rates as inflation stays elevated. But Oklahoma energy stocks went the opposite direction—down. As a result, West Texas Intermediate crude rose 95 cents or 1.24% and …
Kansas Attorney General Kris Kobach wants to bar foreign nationals from owning 10 acres or more of land in his state, but he’s run into some power opponents…namely the Kansas Farm Bureau, Livestock Association, Agribusiness Retailers Association, Corn Growing Association and Soybean Association. Kobach came up with Senate Bill 446 over concerns about foreign …
Oklahoma Corporation Commissioners will hold a special meeting Thursday at 10 a.m. to handle more rulemaking for some of its divisions. But it will also consider an unopposed settlement agreement posed by the Attorney General’s Office regarding a request by Arkansas Oklahoma Gas or AOG. AOG has proposed a $690,000 plan to retain its customers …
Voters in Oklahoma will be able to watch live coverage Thursday when the House Utilities Committee handles a measure focusing on electric service companies offering service outside their own service territories. Introduced by Rep. Trey Caldwell of Lawton, it is called the Retail Electric Supplier Certified Territory Act. His bill would require a retail …
More than 3,400 customers of Oklahoma’s Electric Cooperatives remained without power Tuesday morning as a result of the weekend snow storm. The OEC indicated the total was 3,413 customers ranging in counties from the Panhandle to the southwest. Caddo County, home to Anadarko, was hardest hit and as of Tuesday, still had 1,780 customers …
An unplanned outage of a refinery in Indiana is sending gasoline prices higher in the upper Midwest. The U.S. Energy Information Administration explained the BP-owned and operated refinery in Whiting, Indiana is the largest in the Midwest and has been offline since a power outage on Feb. 1. As a result, the EIA said …
The Oklahoma Corporation Commission (OCC) Transportation Division has downsized its motor vehicle fleet to the benefit of 16 other law enforcement agencies, departments and offices. The decision to downsize was made before the Governor’s executive order to reduce the state’s fleet inventory issued in May 2023. Changes related to vehicle …
A growing list of critics of the Biden freeze of LNG ports and shipments includes Tm Tarpley, president of the Energy Workforce & Technology Council. Writing in the Washington Examiner, Tarpley made it clear what he thinks of the President’s move. “It has become increasingly clear this decision was a purely political calculation. The …
Chesapeake Energy Corporation just assured its growing stake in the world’s natural gas industry by signing an agreement that put the Oklahoma City energy company into the LNG export industry. Chesapeake announced Tuesday its subsidiairies, Delfin LNG LLC and Gunvor Group Ltd reached a deal that includes executed Sales and Purchase Agreements for …
In opposing President Biden’s freeze on LNG shipments and projects, Congressman Tom Cole tells the President we all want an energy future that makes us safer and stronger, but “ceding American leadership to our adversaries won’t get us there.” Writing in a column to his constituents, the Republican Representative said Biden’s “Green New Deal” …
