Friday saw crude oil prices gain 2% as the International Energy Agency described the market as “tighter.” Plus, trading was affected by tariffs and possible more sanctions against Russia. According to the IEA, demand is supported by peak summer refinery runs to meet travel and power generation. West Texas Intermediate crude finished up $1.88 …
Scott Mitchell talks energy with Jerry Bohnen as they discussed what Oklahoma U.S. Sen. James Lankford revealed about President Trump’s One Big Beautiful Bill and its impact on Oklahoma’s energy industries. Lankford was interviewed by Bohnen about the OBBB. Read more
The tariffs President Trump threatened this week on Brazil and also on on copper, semiconductors and pharmaceuticals sent crude oil prices falling 2% on Thursday. The White House also sent tariffs letters to the Philippines, Iraq and others and the result was a decline in oil prices. Global benchmark Brent crude dropped $1.55 or …
Oklahoma U.S. Sen. James Lankford says the minute President Trump signed the One Big Beautiful Bill into law last week, Oklahoma oil and gas exploration companies received immediate relief. In an interview with OK Energy Today, the Republican Senator explained the OBBB immediately eliminated a tax created by Democrats on oil and gas, the …
** U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects. ** Colorado regulators hold off on enforcing a rule banning government entities from using small gas-powered lawn equipment that went into effect last …
One thing the popular TV series “Landman” did was raise awareness of the oil and gas industry, albeit in a dramatic presentation. Okay, maybe an “overdramatic” presentation? Makes for good TV right? But in reality, it’s not close. Forbes magazine recently focused on what real “landmen” or “women” do and quickly learned the TV …
Mach Natural Resources LP announced it has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy, LLC, and another to acquire entities owning oil and gas assets managed by IKAV Energy Inc. The combined consideration for both transactions is approximately $1.3 billion, subject to customary …
A federal judge’s decision to award North Dakota $28 million in damages for the executive branch’s response to the Dakota Access Pipeline protests is being appealed by the U.S. Justice Department. North Dakota sued the government in 2019 claiming that the Army Corps of Engineers had unlawfully allowed protesters of the Dakota Access Pipeline to …
Another state responds to growing electricity demand in the wake of the national growth of data centers. The Public Utilities Commission of Ohio recently issued a ruling to address the power needs of the state’s growing data center industry and at the same time, protect AEP Ohio’s other customers. The ruling puts 85% …
Another utility rate hike is in the works in Kansas after the Corporation Commission approved this week $1.8 billion in two new natural gas plants and a new solar plant proposed by Evergy Kansas. The utility plans to build a new gas plant in Viola, located in Sumner County and a McNew gas …
