Oklahoma Corporation Commissioner Todd Hiett experienced yet another setback at the hands of the Oklahoma Supreme Court when it ruled Monday against Hiett’s move to stop fellow Commissioner Bob Anthony from reviewing actions of the commission that involved Hiett. All nine justices concurred in the court’s decision. https://www.oscn.net/dockets/GetDocument.aspx?ct=appellate&bc=1059562330&cn=PR-122441&fmt=pdf “Commissioner Anthony independently launched his own …
Crude oil prices had a mixed response Monday to the growing conflict in the Middle East with Brent crude falling and West Texas Intermediate climbing. What worries investors and analysts is that Israel’s attacks on the Hezbollah might result in a curtailment of Iranian crude oil and as a result prices inched upward. There’s …
Reps. Tom Gann, R-Inola, Kevin West, R-Moore, and Rick West, R-Heavener, issued statements Monday regarding Oklahoma Corporation Commissioner Todd Hiett’s response brief to the writ of prohibition they filed against Hiett. “Todd Hiett’s response brief is most notable for what it doesn’t say. He doesn’t deny any of the criminal conduct allegations that have been …
Gasoline prices in Oklahoma made a slight gain over the past week, climbing 3 cents to a new statewide average of $2.78 per gallon, according to AAA. But the state is still among the nation’s top ten states with the lowest averages. The organization reported the national average of $3.21 per gallon, a penny …
More Oklahoma electric crews have been sent to the southeastern U.S. to help as millions remain without power and the death toll from Hurricane Helene is more than 100. The latest assistance is from Canadian Valley Electric Cooperative which dispatched a team to Georgia early Monday morning. The crew members will help Jefferson …
** The death toll is up to 102 people in six states since Hurricane Helene made landfall in Florida as a Category 4 storm. It tore through the Southeast and left millions without power and communications. ** Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control …
The increasing demand for electricity in Texas sparked approval recently of a plan to expand the state’s portion of the Permian Basin. The Permian Basin Reliability plant won approval by the Public Utility Commission of Texas. It came after energy companies and the financial information company S&P Global warned the Texas Commission of …
More money was paid last year by U.S. oil and gas companies to foreign governments than they paid in the U.S.—eight times more, according to filings now required with the Securities and Exchange Commission. The total was more than $42 billion paid by Exxon Mobil, Chevron Corp, and ConocoPhillips to foreign governments. The …
A forestry bill opposed by the Biden-Harris administration won approval last week in the U.S. House and had the support of all five Oklahomans in the House. Arkansas GOP Congressman Bruce Westerman introduced the bill that won support on a vote of 268-151. It also had the support of 55 Democrats in the House. Reps. …
Of the nation’s various oil and gas plays, the Permian Basin remained strongest in the past week, based on the number of active rigs as reported by Baker Hughes Co. The Permian Basin count declined one rig to 306 rigs active in west Texas and southeast New Mexico. The Eagle Ford of south Texas …
