April 6, 2026 archive

Iran says no to ceasefire causing spike in oil prices

Iran has reportedly rejected a new ceasefire proposal with the U.S. even after President Trump said he would target power plants and bridges Tuesday night—-and as a result, crude oil prices rose on Monday after jumping to session highs. West Texas Intermediate, still higher than Brent because U.S. crude has become prized oil supply in …

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House committee to review drone bill

When a state House committee meets this coming week, one of the measures to be considered is to make the Oklahoma Department of Aerospace and Aeronautics a clearinghouse for drones. SB1531 by Sen.. John Haste, R-Broken Arrow and Rep. Nicole Miller, would govern unmanned aircraft systems (UAS) and advanced air mobility (AAM). It will be …

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Oklahoma sees increased oil and gas tax revenue

  State Treasurer Todd Russ released the March 2026 State Tax Revenue Report, showing total monthly revenue of $1.4 billion, a 7.2% increase from March 2025. Revenues from oil and gas production also increased for the month but were still lower than a year ago. Revenues also rose 18.7% from February, reflecting broad-based gains across …

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Energy briefs

** Israeli warplanes struck two of Iran’s petrochemical facilities responsible for 85% of exports and had “taken them out of use.” The IDF struck the South Pars petrochemical facility near Asaluyeh in southern Iran, the largest such facility in Iran, Defense Minister Israel Katz confirmed on Monday afternoon. ** Treasury Secretary Scott Bessent told Fox Business Network’s “Mornings with …

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Five want to be state’s next Corporation Commissioner

  Five candidates indicate they want to be the next Oklahoma Corporation Commissioner, one to replace term-limited Commissioner Todd Hiett. The list was all that remained after three days of filing last week. The makeup is two Republicans and three Democrats.  Rep. Brad Boles was among the first day candidates to file with the Oklahoma …

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Expand Energy names new CFO

As Expand Energy Corporation prepares to move its headquarters from Oklahoma City to Houston, the company announced the naming of a new Chief Financial Officer. The appointment of Marcel Teunissen was effective on Monday, April 6, according to the announcement made in Spring, Texas, a suburb of Houston. “Marcel brings a rare blend of financial …

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Water permitting bill to go before House Committee

A water permitting bill that has already been passed in the Oklahoma Senate will go before the House Energy Committee this week. The measure, SB259, deals with water and water rights and creates procedures for permitting, monitoring and reporting of groundwater use. The authors are Sen. Brent Howard, R-Altus and Rep. Carl Newton, R-Cherokee. It will …

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How much Middle East oil is imported by the US

The Middle East Gulf was source for 8% of 2025 U.S. crude oil imports In 2025, the United States imported an average of 490,000 barrels per day (b/d) of crude oil from the Middle East Gulf region—Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE), according to a new report from …

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Water at center of arguments against Buc-ee’s in Colorado

Buc-ee’s Colorado Expansion Raises Water Use Concerns As the popular travel stop chain Buc-ee’s expands throughout the U.S., but not so far in Oklahoma, it is facing growing scrutiny over water usage tied to a proposed Travel Center near Colorado Springs, Colorado. Proposed Wells Would Draw From Limited Aquifer The proposed Buc-ee’s Travel Center would …

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