June 1, 2024 archive

Oilfield supply firm reaches out to US Senator Mullin

  Representatives of Oklahoma City-based M-5 Energy Suppliers recently paid a visit to Oklahoma U.S. Sen. Markwayne Mullin in Washington, D.C. The senator made reference to the visit in a recent newsletter. “The Biden administration certainly has not made it easy on them, and I am very appreciative of the work that they do,” said …

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Scott Mitchell and Jerry Bohnen talk energy and the latest Oklahoma Corporation Commission political fight

Yet ANOTHER intriguing story emanating from the Winter Storm 2021. This time it’s allegations pitting Commissioner Bob Anthony and former legislator Mike Reynolds on one side and OCC Director of Administration Brandy Wreath on the other regarding the natural gas hikes during that costly storm. Of course, it is the main topic of discussion on …

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Two men who tried to cheat Continental Resources get federal prison time

  The two men who tried to cheat millions out of Continental Resources oil and gas company face years in federal prison. One of them, Blaine Dyer, 42, was sentenced recently by U.S. District Court Judge Jodi Dishman to serve five years in prison and to forfeit $1,661,263.42 of the proceeds from his scheme. Dyer …

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Crude oil starts new week after losses last week

    While crude oil prices dropped in Friday’s trading, Oklahoma energy stocks made gains for the day. Crude fell and it led to a weekly drop as well. Investors were hesitant because of the OPEC+ meetings that started Sunday. West Texas Intermediate crude fell 92 cents or 1.2% to $76.99 a barrel on the …

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EPA’s emission rule challenged by Oklahoma Attorney General and others

  Oklahoma Attorney General Gentner Drummond is taking on the EPA in another fight and this time he has the support of the Oklahoma Department of Environmental Quality. The Attorney General led a 26-state coalition opposed to the Environmental Protection Agency’s new rules to reduce methane emissions, rules that specifically target the oil and gas …

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