Crude oil traders have hopes of higher prices as the U.S. trading week opens Monday following a $2 a barrel drop in Friday’s trading. It was the lowest level for oil since the middle of June, thanks to a strengthened dollar and a possible ceasefire in Gaza. West Texas Intermediate crude futures fell $2.69 or …
A $124 million grant from the Federal government will allow Oklahoma to replace a bridge built in 1947 spanning Lake Texoma. The Department of Transportation announced the funding from the Federal Highway Administration’s Bridge Investment Program will allow replace of the historic US-70 Roosevelt Bridge that connects Kingston and Durrant in southeastern Oklahoma. …
ONEOK, Inc. announced plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver area to meet growing demand and increase connectivity with Denver International Airport (DIA). The project includes construction of a new 230-mile, 16-inch diameter pipeline from Scott City, Kansas, to DIA and the addition or …
The EPA wrapped up its cleanup work in the past week at the site of a 2,500 barrel oil spill into creeks at Smackover in Arkansas. The June 15 oil spill came from an 8-inch transfer pipeline and flowed into the Homes and Smackover creeks. The Martin Operating Partner Facility operated the lilne and …
In accepting the Republican Presidential nomination Thursday night, former President Donald Trump vowed that on his first day returning to the White House, he will do away with the Biden administration’s EV mandate. He further said his administration will have an energy campaign of “Drill Baby, Drill.” But some oil and gas leaders across …
While waiting for final FTC approval of its merger with Chesapeake Energy, Southwestern Energy plans a second quarter release of its earnings report on August 1. Investors await news whether the firm’s $4 billion debt grew in the past quarter. The company does not intend to hold a cconference call or webcast to discuss …
Oklahoma U.S. Sen. Markwayne Mullin might consider it a “badge of Honor,” that he is cited by one group as among the 123 elected officials in Congress who are called “climate deniers.” Others might call it a mark against him. The Center for American Progress classified the Republican Senator among those who don’t support …
As the nation’s latest Baker Hughes report released on Friday showed a slight rebound in the number of active oil and gas rigs, it also revealed another drop in Oklahoma’s list of rigs still in the patch. Oklahoma’s count fell one in the past week, leaving 33 active rigs in the various plays. A …
Oklahoma’s controversial anti-ESG law, formally called the Energy Discrimination Elimination Act, was permanently ordered on hold Friday by an Oklahoma County District Judge. Judge Sheila Stinson, upon hearing arguments for nearly one hour issued her permanent injunction against enforcement of the Act by State Treasurer Todd Russ. Attorneys representing the Attorney General Gentner …
** Debris from a broken offshore wind turbine has for days been washing up on the Nantucket shore, prompting beach closures and frustrating locals at the peak of the summer season. The massive turbine blade – as long as a football field – was part of the Vineyard Wind farm off the coast of Massachusetts and its islands, Martha’s Vineyard …
