The government’s forecast of less U.S. oil production this year and next sent crude oil prices climbing to a two-week high on Tuesday. It also resulted in some rather dramatic gains for some Oklahoma energy stocks. The forecast came from the U.S. Energy Information Administration. Along with renewed Houthi attacks on Red Sea …
Just as we reported Oklahoma Energy and Environment Secretary Jeff Starling intended to be a candidate for attorney general, he took the formal step in recent days. Starling filed his official candidacy for the Republican nomination with the Oklahoma Ethics Commission on July 1. He became the second candidate for the nomination. The other …
Oil and gas exploration firms held on as long as they could before Oklahoma saw any reduction in its weekly rig counts. As we reported this week, the state’s rig numbers fell by 3, based on the Rig Count supplied by Baker Hughes Co. It left 43 others still drilling for more oil and …
Just as we have noted and reported, America’s quest for more energy is rapidly growing. And it’s growing so fast, the U.S. Energy Department, in a new report, is warning of growing prospects of brownouts and blackouts in the coming few years. “This report affirms what we already know: The United States cannot afford …
** A U.S. Energy Department report warns the risk of blackouts could surge by the end of the decade amid growing power demand and calls for keeping gas and coal power plants online — though the GOP budget bill will stymie clean power development that could help meet that demand. ** In a televised cabinet …
The Department of the Interior is proposing critical updates to Bureau of Land Management oil and gas regulations that would make it easier for operators to combine production from multiple leases—a practice known as commingling. This will implement the One Big Beautiful Bill’s directive to the Secretary of the Interior to approve onshore commingling …
The record number of Americans traveling over the Fourth of July weekend offset any concerns about the weekend decision by OPEC+ to increase its August oil production and as a result, crude oil prices on Monday jumped 2% in trading. The Holiday travel meant a greater demand for gasoline and prompted traders and investors …
Even with the Biden administration in place in 2024 and despite its anti-fossil fuel policies, the U.S. imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985. It’s what the U.S. Energy Information Administration reports this week, noting the decline in imports’ …
The demand for energy is booming across the nation and Oklahoma’s recent announcements of data centers is just an example of what is happening in the electrical-power generation industry. Some data center projects are also including their own power supply projects, such as the recently-announced project in Chickasha where the developer intends to build …
Williams former CEO and President Alan Armstrong must have finally gotten the “red carpet treatment” from the state of New York. The Tulsa company, in the past few days, submitted an application for approval of the natural gas pipeline extension project the state rejected a few years ago because of opposition to natural …
