Williams announced it has priced a public offering of $1.5 billion in senior notes. The Tulsa-based pipeline firm said it intends to use the net proceeds of the offering to repay its near-term debt maturities and for other general corporate purposes. The offering includes $750 million of the company’s 4.625% Senior Notes due …
New Mexico legislators were told in a recent report the state could face upwards of $1.6 billion in costs in identifying and plugging an thousands of abandoned wells in the state. The 47-page report by the Legislative Finance Committee said the range of cost would be between $700 million and $1.6 billion and take …
** Federal regulators have issued a handful of gas-related orders that clear the path for new pipeline and energy infrastructure in the Midwest and along the Gulf Coast. The decisions from the Federal Energy Regulatory Commission come as the agency has taken steps to remove barriers to building gas pipelines, including granting a one-year waiver to a FERC rule …
Remember when President Biden took oil out of the nation’s Strategic Petroleum Reserve to lower the country’s gasoline prices? Oklahoma’s congressional delegation squawked about it at the time and charged Biden did it only for political purposes. But now the Trump administration is in no hurry to refill the Reserve even though President Trump had …
Just as we highlighted the number of Oklahoma counties with $3 gasoline, crude oil prices gained again on Thursday and experts credited increased summer driving behind the growth. The higher demand prompted by more drivers on the road overrode concerns about supply risks in the Middle East as Iran and Israel continue their …
The last time AAA reported on gasoline prices across the country, it was headlined “Gas Prices on Cruise Control to begin June.” But judging by the latest prices in Oklahoma, it would appear the cruise control might be coming off. The latest AAA report showed Oklahoma’s average price for gasoline was $2.81 per …
Oklahoma experienced another loss before the State Supreme Court in its fight to defend the two-year old Energy Discrimination Elimination Act. The Court rejected the Attorney General’s bid to stop former legislator Collin Walke from continuing the fight after his client, Don Keenan, 81, died in April. It also proved to be a discussion …
Most major oil and gas companies are getting ready for the release of their second quarter earnings report. One such firm is ConocoPhillips and it plans a release of the report before the market opens on August 7. Later in the day at 11 a.m. central time, the firm’s executive leadership will hold …
The same week we reported on the status of a lawsuit before the Oklahoma Supreme Court regarding the state’s Energy Discrimination Elimination Act, Treasurer Todd Russ was featured by the Wall Street Journal for his role in changing ESG practices of banks and investment firms. The WSJ article focused on how major U.S. banks are …
We’ve reported time and time again how rising electric rates aren’t just faced by Oklahomans, but millions of Americans. Just as Oklahoma consumers have complained about rate hike requests constantly being made by Oklahoma Gas and Electric, Public Service Company of Oklahoma and other utilities, so too are ratepayers of utilities in other …
