Described as the “premiere utility event in DC,” thousands of utility representatives, regulators including Oklahoma’s three Corporation Commissioners and a flood of lobbyists will be in the nation’s capitol in the coming week. It is the annual Winter policy summit of the National Association of Regulatory Utility Commissioners and it will be held Sunday, …
** A group of truck drivers who support former President Trump have announced they will not be driving to New York City as a means of expressing their disappointment with the civil fraud judgment that fined Trump more than $350 million last week. ** Federal regulators deny proposed pumped hydropower storage projects’ permits on the Navajo Nation and establish …
Mulready: Earthquake Insurance – What You Need To Know By Oklahoma Insurance Commissioner Glen Mulready The Oklahoma Insurance Department (OID) kicked off February with a post on X, formerly known as Twitter, announcing our Earthquake Awareness Month social media campaign. Ironically enough, a 5.1 magnitude quake struck near Prague, Oklahoma, about eight and a half hours later. I can …
Six years after the derailment of a BNSF crude oil train spilled 160,000 tar sand oil near the town of Doon, Iowa, a lawsuit has been settled over the matter. Landowners filed suit against BNSF asking for actual and punitive damages. They blamed the railway for the accident but an investigation by the National …
Still awaiting shareholder approval of its recently-announced merger with Oklahoma City’s Chesapeake Energy, Houston’s Southwestern Energy company plans to release its fourth quarter earnings report this week. The release will be on February 22 after the market close, according to Southwestern. It will be available on the company website, www.swn.com. Due to the pending merger …
W Just a political move to garner support leading up to the Presidential election. It’s how geopolitical observer Peter Zeihan looks at President Biden’s freeze or moratorium on building any new ports to allow overseas shipments of LNG. It’s certainly a hot-button issue in Oklahoma and other oil producing states as Representatives and Senators …
Oklahoma City’s Mach Natural Resources LP recently announced the declaraton of a quarterly cash distribution. The energy firm said the board of directors of its general partner approved the fourth quarter 2023 distribution of 95 cents a common unit. It will be paid March 14, 2024 to common unitholders of record as of the …
When it comes to state of the state addresses by Governors, Oklahoma Gov. Kevin Stitt’s recent address and his remarks about energy were calm compared to the defiant address given by Wyoming Gov. Mark Gordon who vowed to continue standing up to the President’s green energy policies and what they’re doing to …
Maybe it was the recent letter sent by nearly 4,900 car dealers, including 96 in Oklahoma who complained the Biden administration’s big push for electric vehicles was too much. They said it was time to tap the brakes on the push. Maybe the White House heard. Because there is a report that the Biden …
The International Energy Agency report about slowing demand for crude oil wasn’t enough to offset growing concerns about the Middle East and the fighting there. As a result, crude oil prices on Friday rose. West Texas Intermediate crude finished up $1.16 or 1.49% per barrel at $79.19 on the New York Mercantile Exchange. The March …
