Crude oil futures finished down on Monday with word that OPEC+ might increase its output in August. Plus, investors didn’t have as many concerns about Middle East risks as things have quieted down somewhat between Israel and Iran. The 12-days of exchanging bombs and missiles initially sent crude oil prices to more than $80 …
Only Oklahoma’s Granite Wash oil and gas play saw a decline in rig activity over the past week, according to the recent Baker Hughes Rig count. The play’s rig activity fell by one and left 12 other rigs still seeking new sources of oil and gas. The state’s overall rig count fell by …
Nine Energy Service,Inc., the Texas-based company with operations in Oklahoma’s STACK and SCOOP plays plans a release of its second quarter earnings in early August. The company will release the financial and operating results for the quarter ended June 30 before it holds a conference call Wednesday, August 6 at 9 a.m. central …
The potential impact on energy of a One Big Beautiful bill. It was one of the topics in our latest Scott Mitchell talks energy with Jerry Bohnen. Will subsidies for renewable energy be eliminated as Republicans want in Congress?
The apparent heat and the demand for electricity to power air conditioners prompted the Southwest Power Pool to issue a Resource Advisory effective July 1, from noon until an anticipated end of 9 p.m. central time. The advisory covers the entire 14-states that make up the SPP. Why the advisory? The SPP indicated it …
Oklahoma Corporation Commissioners will meet Tuesday afternoon to handle some routine business matters. Among them, is the Commission’s Public Utility Division’s initiation of a review of the fuel adjustment costs of Public Service Company of Oklahoma during the 2024 calendar year. It will include what the PUD calls a “prudence review of the fuel …
Kansas utility Evergy and the BNSF Railway are in a fight over what the utility contends was the failure of the railway to deliver coal to its power plants in Kansas and Missouri three years ago. Their fight has end up before the Surface Transportation Board where Evergy is seeking more than $22.2 million …
July 1 starts the beginning of a new era at Williams, the big pipeline company headquartered in Tulsa. It’s when 14-year President and CEO Alan Armstrong steps aside to become the executive chairman of the Williams Board of Directors and Chad Zamarin, the executive vice president of Corporate Strategic Development replaces him. …
A fight over a utility’s use of eminent domain to grab farmland in Nebraska is growing larger. It pits the Nebraska Public Power District against some eastern Nebraska farmers over the district’s proposed transmission line meant to help a crypto-mining operation. Sound familiar? It’s similar to a recent case where some farmers near Enid …
A major announcement this week by California-based Brimstone company to produce smelter grade alumina will have a key player in the process—Oklahoma City-based Dolese Bros., the state’s largest producer of crushed stone and a leading concrete producer. Dolese will provide the rock from a southwest Oklahoma site to Brimstone in a move the California …
