Talk about cool weather! Check out the early-morning temperatures Monday in southeast Oklahoma….the low to mid-40s. And it wasn’t far from hitting the 30s. Guess what’s returning? The heat. The Oklahoma Mesonet also depicted the lack of rainfall in the state.
September 9, 2024 archive
Tropical storm raises concerns about Gulf oil production—crude prices are up
The possibility that a hurricane might hit Louisiana this week sent crude oil prices up about 1% on Monday. Investors and others expressed concerns that the storm could cause a disruption in production as well as refining along the U.S. Gulf Coast. The U.S. benchmark, West Texas Intermediate crude rose $1.04 or 1.5% …
Empire Petroleum names new Chief Accounting Officer
Empire Petroleum announced the appointing of Matthew E. Watson to be the firm’s Chief Accounting Officer. He is a Certified Public Accountant with over 20 years of accounting and financial reporting experience in the oil and gas industry. He also served as Executive Vice President of Accounting and Finance of Command Energy, LLC, an …
ONG’s voluntary fixed-price plan enrollment is underway
Oklahoma Natural Gas announced the start of enrollment for its customers in a program that locks the cost of natural gas on their monthly bills for the next 12 months. The enrollment period for ONG’s more than 918,000 residential, commercial and industrial customers in Oklahoma, will end Oct. 15. Under the program, Oklahoma Natural Gas …
Gasoline prices keep falling at the pumps in Oklahoma—among lowest in the nation
With the Labor Day weekend behind us, gasoline prices in Oklahoma fell, no, they plunged, in some cases by 15 cents in the past week. The fall left Oklahoma among the lowest in the nation. AAA reports the state average fell 10 cents from $2.90 a week ago to $2.80 per gallon this …
Why are $100,000 EV pickup trucks manufactured when EV sales are slumping?
While EV sales across the U.S. have slumped in recent months, Tesla, GM, Rivian and Ford are out with—-wait for it—-$100,000 electric pickup trucks. We doubt if your typical Oklahoma farmer or rancher will be filling the dash with pliers, discarded washers and bolts and other things that slide all over, or even …
State to launch broadband project into northeast rural Oklahoma
The latest launching of an Oklahoma Broadband Office projet to expand broadband service into rural areas of the state will take place Tuesday morning in northeast Oklahoma. The Office will officially launch a broadband expansion project with ecoLINK fiber services to improve access to high-speed internet service in Creek County. The project will significantly …
Electric rate hikes won’t end in 2024
You are not alone in wondering when electric rate hikes will come to an end—if they ever will. A new report from the U.S. Energy Information Administration put it this way in its headline: “Trend toward electric utility rate increases in regulated markets continues in 2024.” Yes, that includes Oklahoma as state regulators consider …
New solar power leader is Texas
Texas is now the nation’s leader in solar produced electricity. It passed California as the state with the most power-generating capacity from solar projects. Texas is now the nation’s leader in both wind and solar power. Click here for Axios
Energy briefs
** Boeing said it has reached a tentative agreement with a union representing more than 32,000 workers in the U.S. Pacific Northwest, in a deal that could help avert a possible crippling strike as early as Sept. 13. ** Cape Hatteras National Seashore officials expanded a beach closure this week as a precautionary measure against …