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” …
** At least two members of Congress are vying to become the top Republican on the House Energy and Commerce Committee. Reps. Brett Guthrie (R-Ky.) and Bob Latta (R-Ohio) are interested in replacing outgoing chair Cathy McMorris Rodgers (R-Wash.), who will retire from the House next year. ** The American Petroleum Institute filed a legal challenge …
Following a net loss in the third quarter, Oklahoma City’s Mammoth Energy Services, Inc. plans to release its fourth quarter earnings report on the first day of March and investors will be anxious to see whether financial improvements were made. Mammoth will ldisclose the 2023 fourth quarter and full-year financial results before the …
Five U.S. Senators, described as “progressive” accused energy companies of deceiving the public with “green” gas and overcharging customers for projects that won’t help the climate. One of them is Sen. Elizabeth Warren, a Democrat from Massachusetts and a former Oklahoman. She and four others wrote a letter to federal regulators asking the Federal …
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 …
