When the State Supreme Court takes arguments of three legislators next month against Oklahoma Corporation Commissioner Todd Hiett, they’ll hear from one of the state’s most prominent attorneys, Stephen Jones. Jones, whose law practice is based in Enid, became nationally known in 1995 as he represented Oklahoma City bomber Tim McVey in his federal …
October 25, 2024 archive
Judge extends her ruling that Oklahoma’s anti-ESG Act is unconstitutional
The Oklahoma County District Judge who earlier suspended enforcement of Oklahoma’s anti-ESG act following a lawsuit by a state retiree granted summary judgment in the case on Friday. Judge Sheila Stinson also added three more violations of the state Constitution in her ruling against the Energy Discrimination Elimination Act of 2022, an act …
Crude oil prices were up on Friday but OK energy stocks had losses
Crude oil prices finished the week higher and also resulted in a 4% gain for the week. Observers explained it was due to investors considering what’s happened in the Middle East where Israel is still fighting in Gaza and Lebanon and considering a retalitatory attack on Iran. West Texas Intermediate crude, the US standard gained …
Nation’s rig count held steady while Oklahoma saw an increase
The U.S. held steady over the past week on the number of oil and gas rigs actively pursuing new sources of energy. Baker Hughes Co. on Friday, in its weekly rig report, indicated the nation’s count of 585 was unchanged from a week earlier. There was a drop of two oil rigs to …
Summit Utilities worker’s nonprofit in Ada gives gack to disabled community
For Wade Brown, a service technician with Summit Utilities in Ada, Oklahoma, a personal tragedy was the catalyst that led him to find a new way to serve his community in honor of his late son, Sam. A lifelong hunter, Wade started hunting for the first time at the age of eight. When his son …
Google makes another step toward more renewable power for its operations
Google, with one of the largest data centers in the world located in northeast Oklahoma, recently made a power contract with a 350-megawatt solar project north of Austin, Texas. Google LLC reached the agreement with Engie North America, part of French utility Engie SA and the Chillingham solar project is anticipated to go online …
Groups want PFAS banned from fracking in New Mexico
Advocacy groups in New Mexico want Gov. Michelle Lujan-Grisham to ban “forever” chemicals from the fracking process in the state. They recently delivered a petition to the governor requesting such a ban on the use of PFAS chemicals in oil and gas extraction. Oklahoma energy companies with exploration operations in the Permian Basin section …
Nine Energy Service receives stock exchange warning
A sign of economic challenge—the New York Stock Exchange warned Houston’s Nine Energy Service, Inc. it is not in compliance with listing standards. Delisting from the exchange is a possibility if the company doesn’t correct things. Nine Energy, with operations in Oklahoma’s SCOOP and STACK plays, revealed the NYSE notified the firm that its …
Winter natural gas bills to be stable and lower this year predicts American Gas Association
Natural gas customers should expect this winter’s heating bills to remain stable and relatively low, according to experts from the American Gas Association who presented AGA’s annual Winter Heating Outlook. Natural gas storage levels remain near historic highs, providing significant cushion to maintain a reliable supply of natural gas throughout the winter. AGA analysis finds …
Pipeline execs express doubt about more oil pipelines in the Permian
For those who think there might be more pipelines built to carry crude oil out of the Permian Basin of West Texas, top executives of two major pipeline operations are pouring cold water on those beliefs. It’s what came out of a recent Houston energy conference where Enterprise Products Partners co-CEO Jim Teague revealed …
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