Devon Energy only grew stronger in the fourth quarter of 2023 with record-settling oil volumes and net earnings of $1.2 billion or $1.81 per share. The Oklahoma City company released its earnings report following the close of markets on Tuesday showing adjusted core earnings of $902 million or $1.41 a share. It had operating …
Crude oil prices recorded a jump of a dollar a barrel in Tuesday’s trading and it came as OPEC+ reportedlly is thinking of extending its voluntary oil output cuts into the second quarter of the year. West Texas Intermediate crude rose $1.29 or 1.7% to settle at $78.87 a barrel on the New York …
One of the writers who helped bring you energy news here at OK Energy Today over the past several years was Alisha Davidson. She substituted for me whenever I took time off and proved to be a most capable and reliable writer, eager to provide information for our readers. Friendly too and she became …
The latest energy funding from the Biden administration’s Environmental Protection Agency includes more than $1 billion in a third and final wave for cleanup projects at more than 100 Superfund sites across the country. One of the projects is a mining site in southeast Kansas and adjacent to the Tar Creek Superfund site in …
Four Oklahoma farms are among an estimated 400 across the nation set to receive part of the USDA’s $144 million Rural Energy for America Program. The program was announced Monday by Agriculture Secretary Tom Vilsack who said the project, with the cooperative of the Energy Department, will help small and medium-sized farms save money …
Strong winds of 40mph to 50mph on Tuesday in Oklahoma left firefighters hoping for relief from the growing number of wildfires in the state. The Oklahoma Forestry Services put it this way—-“Verry-high fire danger” will be present with “extreme fire risk in far western Oklahoma.” The “verry” was not a typo. It’s how the …
While the recent spike in the nation’s gasoline prices might have taken a brief rest, prices are still much higher than a month ago. The U.S. average is $3.27 per gallon while Oklahoma’s average is $2.87. The Oklahoma average price is up four weeks from a week ago and 20 cents higher than a …
From the Arkansas Business Morning Roundup comes the story of Family Dollar in West Memphis being fined nearly $42 million by the Justice Department over its “rodent-infested warehouse.” The $41.7 million fine, described as the largest-ever monetary criminal penalty in a food safety case, came after the firm pleaded guilty in court. Arkansas Business …
Two men are lucky to be alive after this week’s collapse of a workover unit at an oil well site in Long Beach, California. While news accounts described it as an “oil derrick” that collapsed, the picture shows it was more of a pulling unit. The unit collapsed without warning while one of the …
The U.S. Energy Information Administration has lost a court fight with bitcoin miners in Texas who fought the EIA’s effort to collect data on their energy use. A federal court in Waco ruled against the EIA, declaring the attempt by the government was likely “an abuse of discretion.” In a lawsuit filed against the …
