Crude oil prices finished down on Thursday—so did most Oklahoma energy stocks. And for the first time in weeks, world oil prices dropped below $90 a barrel. Inflation predictions played a role in things as analysts believe it will not bring lower U.S. interest rates. Plus, there’s the matter of whether Iran will respond …
A day after the Oklahoma Attorney General sued two natural gas suppliers and accused them of illegally hiking natural gas prices during the 2021 winter storm, a spokesman for Oklahoma Gas and Electric defended his utility and said it was a “victim” of the alleged market manipulation. Bill Hume, Senior Counsel for OG&E rose …
A report by the personal-finance website WalletHub contends Oklahoma ranks 41st on a list of 2024’s Greenest States. WalletHub compared the 50 states in terms of 25 key metrics that speak to the current health of the environment and residents’ environmental-friendliness. The data set ranges from green buildings per capita to the share of …
At least two of Oklahoma’s three Corporation Commissioners hope the state attorney general’s lawsuits filed against energy suppliers accused of market manipulation during the 2021 winter storm lead to more legal actions to help ratepayers. “I am thankful the AG says he “will pursue additional litigation against other … bad actors [who] reaped billions …
The Oklahoma Water Resources Board announced the third in a series of stakeholder input meetings, at locations across the state, focused on the 2025 update of Oklahoma’s Comprehensive Water Plan (OCWP). While anyone may attend, we request participation from local officials, water utility suppliers, regulated industry, commercial agricultural producers, economic development entities, and representing organizations. …
Arkansas legislators who are worried about the noise and demand for electricity in cyrpto mining launched a series of bills this week to focus on their concerns. The bills came as a result of complaints from rural Arkansas communities faced with the loud noise, high water and electricity use from the digital assets …
More than 3,000 acres of land in the Permian Basin ar being removed from the government’s planned oil and gas lease auction scheduled in June because they sit in what experts say are sensitive geological areas near two national parks. The Bureau of Land Management contends oil and gas drilling and production in the …
A change in some of the leadership at Oklahoma City’s March Natural Resources. The company announced in an SEC filing that Daniel T. Reineke, Jr., Executive Vice President of Business Development plans to resign effective April 19. ” Mr. Reineke’s resignation was not a result of any disagreements with the Partnership or the General …
As part of its commitment to supporting diverse communities, Devon Energy awarded Diversity, Equity and Inclusion Grants to sixteen local nonprofits. “In supporting these organizations, we hope to foster projects that promote access and resources for all Oklahomans,” said Marla Freeman, Devon community relations supervisor. “We feel honored to be a part of their …
A proposed deepwater oil port off the coast of Texas won approval this week from the U.S. Maritime Administration. Houston’s Enterprise Products Partners intends to construct the Sea Port Oil Terminal, making it the fourth in the nation to load supertankers and improve record oil exports to markets in Asia and Europe. As Bloomberg …
