The 4% climb in crude oil prices on Wednesday was nothing compared to the stunning gains recorded by some Oklahoma energy stocks after President Trump implemented a pause in the tariffs he announced last week for most countries other than China. How about a 25% upward bounce for Empire Petroleum? Twenty-one percent for Vital …
U.S. crude oil stocks in storage increased in the most recent reporting period and the gain was also recorded at the Cushing Hub in northern Oklahoma. The U.S. Energy Information Administration reported the nation’s total crude oil in storage increased by 2.5 million barrels at the end of the week on April 4 of …
An Oklahoma Senate bill calling for a one-quarter mile setback for wind turbines from property lines and homes won approval Wednesday in the Oklahoma House Energy Committee. It also had some opposition. But SB2 still faces a road of compromise between the House and Senate, reported Rep. Brad Boles during the meeting. “It’s not …
More than 2,000 coal mine workers and those associated with the industry across Oklahoma could be directly affected by President Trump’s signing of an executive order on Tuesday to boost coal production across the nation. “We are bringing back an industry that was abandoned,” signalling his intent to revive coal mining jobs, which have …
Data source: U.S. Energy Information Administration, Annual Coal Report Data values: Table ES-1, Coal Production The same day President Trump signed an executive order to increase U.S. coal production, the government issued a report showing America’s coal production had tumbled over the past two decades. The report was from the U.S. Energy Information Administration. In 2023, the United …
As Oklahoma legislators create more restrictive regulations on wind and solar development, Texas legislators are considering regulations giving the state greater industry oversight. According to the Texas Tribune, Senate Bill 819, by state Sen. Lois Kolkhorst, R-Brenham, would implement new administrative rules, impose fees and require the Texas Public Utility Commission to approve wind …
A bill to regulate wind energy development in Arkansas won approval this week in the Arkansas state Senate. Senate Bill 437 would create the Arkansas Wind Energy Development Act and what are described as significant restrictions for wind turbines. However, it also includes exemptions for areas “below 300 feet in elevation” which would exempt …
Stardust Power Inc., the Connecticut company developing a lithium refinery in Muskogee has named a Senior Advisor to help with guiding the company through its critical next stages including fundraising. The firm named Carlos Urquiaga who will report directly to Stardust Power founder and CEO Roshan Pujari. He is said to be a highly …
Oklahoma Congresswoman Stephanie Bice tells voters she is all about “Restoring and protecting American energy dominance.” It’s what she declared in a recent flyer sent to constituents in her U.S. House District. She’s promoting the cutting of permitting red tape, the clearing the way for American energy infrastructure, the reversing of failed green New …
** The Keystone oil pipeline ruptured Tuesday morning in North Dakota, with the spill confined to an agricultural field. An employee working at the site near Fort Ransom heard a “mechanical bang” and shut down the pipeline within about two minutes, said Bill Suess, spill investigation program manager with the North Dakota Department of Environmental Quality. …
