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. …
Two Texas congressmen want a faster decision from Environmental Protection Agency Administrator Lee Zeldin in giving the Texas Railroad Commission the authority over carbon capture wells in the state. Reps. Dan Crenshaw and August Pfluger, in a letter to Zeldin, urged him to expedite the Railroad Commission’s application for primary enforcement responsibility of …
** Ontario Premier Doug Ford said on Monday that he would block energy exports to the United States “with a smile” if U.S. President Donald Trump moved ahead with plans for a 25 percent tariff on Canadian goods. ** In response to the likelihood of the current Trump administration increasing tariffs across the board, the Solar Energy Industries Association …
Layoffs are coming at Lyondell Basell Industries’ Houston refinery and they will total more than 300 workers. The total of 345 workers represents 86% of the workforce at the refinery according to Reuters. Click here for Reuters
Crude oil prices on Monday hit their lowest closes since early December, falling nearly 2% to a 12-week low and the drop dragged Oklahoma energy stocks down too, some as much as 11%. The drop in prices came after it was reported OPEC+ will move ahead with a planned oil output increase in April. …
The latest launching of broadband expansion projects in Oklahoma will involve AT&T Oklahoma and according to the Oklahoma Broadband Office will improve access in five counties. The counties are Alfalfa, Bryan, Latimer,Marshall and Wagoner and are in different areas of the state. The Broadband Office plans a launch ceremony Friday, March 7 at 11 am. …
A bill intended to enhance Oklahoma’s aerospace industry and move the state closer to becoming more attractive to companies developing systems in the space industry development won approval Monday in a state Senate Committee. Senate Bill 912, authored by Sen. Paul Rosino of Oklahoma City, won approval on a 10-o vote in the Senate …
The Oklahoma Department of Environmental Quality is processing the application of a New Hampshire company to build a bioprocessing plant to produce renewable natural gas from poultry litter. Argo Development Partners recently applied for a permit to construct what would be the first such plant in the state. The company is seeking a permit to …
Mach Natural Resources LP recently announced the successful closing of a senior secured reserve-based revolving credit facility with a syndicate of ten banks, including Truist Bank as administrative agent and collateral agent. The New Credit Facility has an initial borrowing base of $750 million. Mach used borrowings under the New Credit Facility—along with …
