A bigger than expected slip in U.S. crude oil stockpiles offered some support to prices Wednesday but they still fell nearly 2% because investors remain anxious to learn whether OPEC+ will continue with production cuts. The drop came one day after Brent made its biggest gain in two weeks, rising by 2.5% reported Reuters. Oklahoma …
The nation’s total of crude oil stocks took a plunge of 5 million barrels in the most reporting period, according to the U.S. Energy Information Administration. The EIA showed the nation’s amount of crude oil from from 428.4 million barrels the week of Nov. 22 to 423.4 million barrels in the most recent …
Oklahoma Corporation Commissioner Bob Anthony is taking issue again for the corporation commission’s one-page so-called “audit” of ONG’s $1.4 billion of 2021 Winter Storm bonds. In a release and filing this week, the Commissioner, whose term will end in mid-January 2025, noted that on the Tuesday before Thanksgiving, OCC’s chair Kim David, sent …
A lot of water customers in Guthrie were pretty shocked recently when their water bills soared by hundreds of dollars even though their usage did not increase. KOCO TV reported it resulted in the city finally admitting there was a malfunction of meter readings and as a result, estimates were made of water usage for …
Newsweek is out with its America’s Most Reliable Companies 2025 rankings and sorry, but no Oklahoma companies made the list of 300. Arkansas-based J.B. Hunt Transport Services Inc. , one of the largest supply chain solutions providers in North America, ws ranked 190 on the list recognizing the company’s integrity, commitment to service …
A new survey shows gas utility customers aren’t happy with the service they’re getting, not just in Oklahoma but across the U.S. The J.D. Power 2024 Gas Utility Residential customer Satisfaction Study showed the customer satisfaction with billing and payment and customer care “significantly” dropped in the past year. Gas customers in Oklahoma who …
A newly-elected State Representative who believes he unseated a veteran legislator largely because of an anti-wind industry sentiment in Lincoln County says he intends to file anti-wind legislation. The promise was made by Rep. Jim Shaw, of Chandler, who beat incumbent Rep. Kevin Wallace of Wellston and became the sitting legislator in House …
Coterra Energy Inc., an energy firm with oil and gas exploration in the Anadarko Basin, the Permian Basin and Marcellus Shale, announced this week the pricing of a $1.5 billion in senior unsecured notes. The breakdown of the total includes $750 million of senior unsecured notes due 2035 with an interest rate of …
Utilities in Oklahoma and other states have long been hesitant to fully endorse switching from power poles to buried power lines. They contend, that even thought buried lines are more reliable and less affected by severe weather, it is too costly. The very subject is being studied by the University of Houston as …
Politics can be a rough and tumble business—just ask Ken McQueen who was sacked this week as Oklahoma Secretary of Energy and Environment. He was fired by Gov. Stitt after the governor learned Tuesday that McQueen had joined Attorney General Gentner Drummond in appearing at a Tulsa federal court hearing in the nearly …
