Not only did crude oil prices rebound more than 1% on Thursday, but nearly every Oklahoma energy stock gained too and 5% and 6% jumps were common. The reason for the oil jump was U.S. retail data prompted a sell-off in the dollar. Plus, investors took stock in the International Energy Agency forecast that there …
Airports in Tulsa and Stillwater are among those nationally that are receiving nearly $1 billion from the Biden administration to upgrade terminal facilities. Transportation Secretary Pete Buttigieg announced the $970 million in grants Thursday for 144 airports in 44 states and three territories. The Tulsa International Airport will receive a $12,500,000 grant to help fund …
A $100 million bitcoin mining facility is going up in eastern Oklahoma. The 200 MW project at the Port of Muskogee Industrial Park is an operational data center to be built by Polaris Technologies, Inc. The firm called it “Project Bifrost” and described it as “One of the Biggest Mining sites in the world.” …
President Biden faces even more pressure from a growing number of groups to overturn his freeze on LNG ports and shipments. Among the latest–the Energy Workforce & Technology Council, the IPAA, the US Oil and Gas Association, Western Energy Alliance, the National Stripper Well Association, the Texas Alliance of Energy Producers, Gulf Energy Alliance, …
** The FBI began tracking Native American opponents of the Keystone XL pipeline as early as 2012 as part of a sweeping law enforcement strategy to counter civil disobedience aimed at fossil fuels. ** A federal trial begins this week in North Dakota to determine whether the U.S. government will reimburse the state for emergency response costs related to …
Just how much influence do environmental activist groups carry with the Biden White House? Are they in essence writing some of the controversial new rules? It’s a question Oklahoma Congressman Frank Lucas wants answered in his capacity as chairman of the House Committee on Science, Space and Technology. California Republican Rep. Jay Obernolte, chair …
The government reported this week the oil and gas industry lost 3,741 jobs in the month of January. The figures from the Bureau of Labor Statistics showed that job availability, compared to December, decreased by 0.6% across the sector. The Energy Workforce & Technology Council analyzed the preliminary data and showed Oklahoma with nearly …
The City of Stillwater is the latest to join the movement toward LED street lights. Fox 25 News in Oklahoma City reported this week that Stillwater Electric Utility started installation in recent days. Loren Smith, director of Electric Utility, told Fox25 that great stides are being made by the city to become more …
Residents in Lubbock, Texas might be thinking of that old adage “Be careful what you wish for.” For nearly a quarter of a century, they sought an open energy or electricity marketplace after being served only by Lubbock Power & Light. They finally got it, and the electric market is open….really open. Open so …
Alpine Silica Holding, a frac sand supplier which started sand mining operations in Oklahoma six years ago, plans to go public. Alpine’s parent company, ProFrac Holding Corp filed paperwork this week. Alpine is ProFrac’s proppant production segment and has existing operations throughout Louisiana and Texas. Alpine Silica, ProFrac’s proppant production segment and wholly owned …
