The day before President Trump’s August 1 tariff deadline, crude oil prices fell by 1%. It seems the uncertainty of some countries who have not negotiated a trade deal with the U.S. affected investors. The White House intended Thursday to reach out to those countries. So far, two-thirds of the nation’s top 18 …
July 2025 archive
ConocoPhillips layoffs following Marathon Oil merger—are they coming to Oklahoma?
Three months after ConocoPhillips confirmed it planned employee layoffs following the company’s $23 billion buyout of rival Marathon Oil, there are fears the cuts will perhaps soon trickle down to the firm’s former headquarters in Bartlesville, Oklahoma. Rumors, and that’s all they are for now, suggested some of the 1,300 ConocoPhillips employees in …
Regulators urged to maintain current proration formula for certain gas wells
Oklahoma Corporation Commissioners will hold an August 20 hearing into their annual decision regarding the statewide proration formula for unallocated gas wells for the period of October 1, 2025 through September 30, 2026. The agency’s Oil & Gas Conservation Division has recommended the formula should be set at the greater of 75% of thewellhead calculated …
Kansas Attorney General wants Justice Department investigation of Chinese energy group
Kansas Attorney General Kris Kobach says it’s time the Justice Department began an investigation of a Chinese energy organization he contends is carrying out “environmental lawfare,” or the filing of environmental lawsuits and court actions. He wrote US Attorney General Pam Bondi this week asking her to begin a probe of The Energy …
Aluminum manufacturers—energy hogs?
The description of one publication is that the proposed $4 billion aluminum smeltering plant at Oklahoma’s Port of Inola would be an “energy hog.” It’s how Canary Media described the plant because of the amount of electricity needed in order for it to manufature an estimated 600,000 tons of aluminum a year. The …
Energy briefs
** The U.S. Department of Energy (DOE) has issued an emergency order under Section 202(c) of the Federal Power Act to address potential reliability concerns in the Mid-Atlantic power grid. The order was requested by PJM Interconnection (PJM) to allow the Wagner Generating Station in Maryland to operate beyond its normal limits if necessary. ** A Senate committee …
New runway at OKC’s Wiley Post Airport
A new runway at Wiley Post Airport is officially open, and Rep. Marilyn Stark, R-Bethany, is celebrating what this means for northwest Oklahoma City. “Wiley Post Airport is a key piece of our district’s infrastructure, contributing to economic vitality, job growth and community access,” Rep. Stark said. “This runway expansion represents more than asphalt, it’s …
Williams Cos.faces competition over proposed pipeline
The demand for more electricity in the U.S. has Oklahoma’s Williams Companies at odds with another energy giant in a bid to see who might win approval for a natural gas pipeline in southern Virginia and North Carolina. It’s described as a “high-stakes squabble” reported E&E News. Williams and Mountain Valley Pipeline have …
New Tulsa legislator successful in interim study on data centers and their impacts in Oklahoma
Only weeks after being sworn in as the new Oklahoma House District 71 Representative, Amanda Clinton (D-Tulsa) is following through on key priorities she outlined during her campaign. One of them, an interim study on the impact of data centers on the power grid and water supplies, was recently approved by House Speaker …
LSB recorded stronger sales but revenue affected by higher natural gas prices
Oklahoma City-based LSB Industries,Inc. reported improved net sales in the second quarter of the year, showing $151.3 million in net sales compared to $140.1 million in the second quarter of 2024. But higher natural gas prices also affected its earnings. LSB’s adjusted EBITDA of $38.3 million was down from the $41.9 million recorded …
