Williams announced that Micheal Dunn, executive vice president and chief operating officer, will retire, effective May 2, 2025. “During his tenure, Micheal transformed our organization from operating as distinct business units into one cohesive, best in class operating company. He has brought strong operational discipline and an unwavering commitment to safety across the entire …
March 13, 2025 archive
Crude oil tumbled Thursday and OK energy stocks did too
After a 2% gain on Wednesday, crude oil prices dropped more than 1% on Thursday. Analysts attributed the fall to a number of things including the risk that tariff wars between the U.S. and China, Mexico and Canada might harm global crude demand. Plus there is the uncertainty over the U.S. proposal for a …
State Forestry Service says Friday winds could produce a “Firestorm”
The Oklahoma Forestry Service is taking no chances and expanding its wildfire fighting operations to western Oklahoma as the threat grows of extreme wildfire conditions on Friday. “Friday will bring a statewide threat for High Significant Wildfire potential meaning that fires exceeding 5,000 acres are increasingly likely given fire weather and wildland fuels forecasts. …
Unit Corporation’s new financial report shows decline in net income
A new report from Tulsa’s Unit Corporation shows the company ended the fourth quarter with a dramatic drop in net income and experienced the same results for the full year. Unit stated in its report that net income for the three months ended Dec. 31, 2024 was $10.7 million or $1.07 per share compared …
AARP speaks out against latest OGE rate hike approval
The Oklahoma Corporation Commission’s decision to finalize a nearly $127 million rate hike by Oklahoma Gas and Electric drew the ire of the AARP. “This order will make final OG&E’s saddling residential customers with a historic $126.6 million rate increase and raise utility bills more than $9 a month, an amount many customers simply …
New Mexico legislators struggle with oil and gas bills
While Oklahoma legislators wrestle with wind farm setbacks and anti-eminent domain bills, in New Mexico, it’s a story of legislators attempting to create more restrictions on the state’s oil and gas industry. And at the same time, not kill the goose that laid the golden egg. Click here for Capital and Main
Expansion of oil project in Utah announced
Construction has started on a rail-loading terminal in Utah’s Uinta Basin that could mean wax crude oil shipments for Oklahoma’s Cushing Hub and eventually on to Gulf Coast refineries. The transportation by rail has resulted in the Supreme Court considering challenges by Colorado to stop the shipments. A news release …
Windy weather forces rescheduling of Broadband project
Mother Nature and the possible stormy winds she will bring to Oklahoma on Friday have forced a rescheduling of the latest Oklahoma Broadband Office expansion project. The office announced the official launch of projects in Lindsay planned for Friday was reset to Friday, March 28. Expected high winds were blamed for the new …
Oil tank finder system announced by Corporation Commission
The Oklahoma Corporation Commission’s Petroleum Storage Tank Division has published a new tool to its web page to help environmental firms and the public locate both above and below ground tanks across the state. The OCC PST Data Finder is an interactive Geographic Information System (GIS) App that maps active, inactive and temporarily closed …
ONG wants authority to increase rates
Oklahoma Natural Gas Co. is in the hunt for higher rates. The utility recently filed a request with the Oklahoma Corporation Commission for approval of what is called a Performance Based Rate change, one totaling $41,504,750 and would mean a few more dollars a month for ratepayers. If approved, it would mean an increase …
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