May 10, 2024 archive

Crude oil traders wonder if prices will rebound after Friday’s $1 drop

Not only did crude oil prices take a dollar-a-barrel slide in Friday’s trading but Oklahoma energy stocks recorded losses for the day. It came after U.S. central bank leaders indicated higher-for-longer interest rates, an action that could slow demand from the world’s leading crude consumers. West Texa Intermediate crude dropped $1 or 1.3% to settle …

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Attorney General sacks State Treasurer’s legal counsel in energy discrimination lawsuit

Oklahoma Attorney General Gentner Drummond obviously didn’t like the ruling by an Oklahoma County District Court judge regarding the lawsuit filed against the state treasurer over enforcement of the state’s energy discrimination elimination Act. He fired the hand-picked attorneys who represented Treasurer Todd Russ in the lawsuit filed by state retiree Don Keenan who challenged …

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