A record-breaking amount of scholarship dollars will be awarded to students at state universities studying petroleum-related fields. With a steadfast dedication to supporting the next generation of leaders, the people of Oklahoma Oil and Natural Gas are announcing $539,500 in scholarship funds will be awarded to 97 students for the 2024-2025 academic year. The …
May 2024 archive
Meterologists honored by legislature
For their life-saving warnings on KTEN TV in Ada when tornadoes devastated Marietta and Sulphur in late April, the station meteorologists were honored by the Oklahoma legislature. Ada Sen. Greg McCortney led a Senate Resolution that credited the team with saving the lives of residents. “These individuals are true heroes, and our communities …
From one deadly storm to another for OGE crews
A hundred Oklahoma Gas and Electric workers returned home from nearly a week helping with power restoration following a deadly storm in Houston, Texas, just in time for deadly weather in Oklahoma. It was Friday when the line workers and staff arrived in Oklahoma and Arkansas after restoring electricity to thousands of customers in …
Colorado launches geothermal energy development
The governor of Colorado wants the state to do more toward development of geothermal energy. That’s why Gov. Jared Polis recently announced the award of $7.7 million to 35 different projects through Colorado’s Geothermal Energy Grant Program. The goal of the program is to advance the deployment of zero-emissions efforts in the state. “We’re …
Energy briefs
** The federal government agreed to a $15 million fine for Norfolk Southern over last year’s disastrous derailment in East Palestine, Ohio, and the railroad promised to pay more than $500 million to complete the efforts to improve safety that it announced after the crash and address community health concerns. ** Tesla has left out its goal of delivering …
Pause to remember on Memorial Day—we are
A note from the editor. In respect for Memorial Day, OK Energy Today will be taking a break on Monday from our usual publication. We will return with more energy news on Tuesday.
Anxiety over high interest rates leads to 4 straight days of crude oil price declines
Make it four consecutive days of losses for crude oil prices as they dropped nearly 1% on word U.S. interest rates will be around longer than many hoped. Oklahoma energy stocks recorded drops as well. Prices fell to multi-month lows as analysts and investors fear the continued high interest rates will result in lower …
FERC’s punt of ROFR issue
While Oklahoma’s ROFR or Right of First Refusual bill stirred up a political hornet’s nest early in the legislative session, it now rests quietly in the abyss of legislative committees, hidden there because it possibly threatened the futures of some legislators. In recent weeks however, ROFR rose again but not in the legislature. …
Drummond and other GOP attorneys general set up red state climate change battle against blue states
Oklahoma Attorney General Gentner Drummond was among 19 attorneys general who responded this week to climate lawsuits brought by the states of California, Connecticut, Minnesota, New Jersey and Rhode Island against the oil and gas industry. The Republican attorneys general went to the U.S. Supreme Court and in a motion filed Wednesday, made the argument that …
Lukewarm manufacturing activity reported by Kansas City Federal Reserve Bank
A survey of manufacturers in Oklahoma and other states that make up the area covered by the Federal Reserve Bank of Kansas City shows activity is “essentially unchanged in May.” “Things are slowing down a little more than we would like,” is the response from one manager to the May Manufacturing Survey released by …
