Plans by OPEC+ to move ahead with output increases in April along with tit-for-tat tariffs between the U.S., Canada and Mexico sent crude oil prices falling again on Tuesday. Both Brent and WTI settled close to multi-month lows. West Texas Intermediate crude fell 11 cents or 0.2% to close at $68.26 after previously dropping …
(Courtesy KFOR TV News) By Tuesday afternoon, some 7,800 customers of Oklahoma Gas and Electric remained without electric power following severe weather Monday night and Tuesday morning in southern Oklahoma. Several hours later, OGE said 57% of those who lost power had it restored. The utility said as of Tuesday night, about …
A bill targeting solar farm operations that go out of business and at the same time protecting the landowners not only won support Monday in the Oklahoma House of Representatives. It was unanimous support as the House voted 94-0 in support of House Bill 1373, by Rep. Brad Boles, R-Marlow. His bill, formally called …
As a New Hampshire company moves forward with possible construction of a bioprocessing plant near Miami in northeastern Oklahoma using poultry litter, it’s similar to other efforts by firms in other states. Here’s what happened when a company announced plans to build a manure digester to create Renewal Natural Gas at a site in …
A House Committee approved a bill this week calling for the installation of meters on water wells in the state of Oklahoma. Rep. Carl Newton (R-Cherokee) proposed HB1807 “to encourage groundwater conservation,” as worries grow about the falling levels of the Ogallala Aquifer due to irrigation wells on farms. But he also emphasized during …
ONEOK, Inc. has set its annual meeting date for May 21 of this year. The Tulsa-based company announced it will be “a virtual meeting only” and will begin at 9 a.m. Central Time. The meeting wil be accessible through a live webcast. The record day for determining shareholder entitled to receive notice of the …
When crude oil prices fell nearly 2% on Monday, the price of natural gas jumped close to 8% and observers suggest it’s a sign of things to come. If anything, don’t expect them to fall. At the close of stocks Monday natural gas prices gained 7.51% on a 29 cent increase to $4.12 per …
Oklahoma U.S. Sen. James Lankford says it’s time to remove new energy taxes on Oklahoma energy companies that were put in place by former President Joe Biden. Writing in a letter to constituents, the Republican Senator said it’s time the tax laws were “eliminated.” The 2017 Trump tax cuts will expire in December if …
Oklahoma gasoline prices took a dip in the past week settling to a new statewide average of $2.69 a gallon, based on reports from AAA. The state average fell 7 cents in the past week but is still a penny higher than one month earlier. Central Oklahoma appears to have the lowest averages including …
Complying with a four-month old state law regarding exempted public meetings, Oklahoma Corporation Commissioners have filed notices of two more instances where commissioners gathered in recent days. Both meetings involved Commissioners Kim David and Brian Bingman as they attended last week’s national summit in Washington, D.C. of the National Association of Regulatory Utility Commissioners. …
