A new government report shows crude stocks declined across the U.S. by nearly 4 million barrels in the past week and also took a dip at the Cushing Hub in Oklahoma. The U.S. Energy Information Administration reported the U.S. crude oil supplies fell 3.7 million barrels, from 436.1 million barrels the week of May …
Rep. Ken Luttrell, R-Ponca City, vice chair of the Oklahoma House Energy Committee, recently served as chairman of the 2025 Federal Energy and Environmental Matters Conference, hosted by the Center for Legislative Energy and Environmental Research. The event took place June 5-7 in Washington, D.C. As chairman, Luttrell led discussions on pressing energy and environmental …
After getting a U.S. Supreme Court ruling that overturned a government agency’s rejection of the proposed 88-mile Uinta Railroad designed to carry oil from Utah and across Colorado and into Oklahoma and points beyond, the developers now are asking for $2.4 billion in federal bonds. The funding would go toward the total cost of …
One thing leaps out when you take a look at the leadership of Mach Natural Resources, an energy firm headquartered in Oklahoma City. The eight leaders share extensive experience with the firm formerly known as Chesapeake Energy, SandRidge Energy and Tapstone. Seven executive officers worked for SandRidge Energy while four others were employed at …
** U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China’s export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences. ** A new lawsuit filed against Subaru and Toyota claims that the two automakers’ jointly developed electric …
When it comes to the election of Oklahoma Corporation Commissioners or the legislators who propose the bills affecting utilities, roads and other energy-related matters, it’s campaign donations and money that helps put them in office. But changes have been made about the rules and regulations controlling the contributions as well as what lobbyists spend …
A few weeks after the Oklahoma Supreme Court consolidated several of the legal challenges filed by three Republican Representatives against Corporation Commissioner Todd Hiett, another lawsuit has been added to the fray. Reps. Tom Gann, Kevin West and Rick West revealed in a recent case filed with the Supreme Court they are not letting …
Crude oil prices experienced a small slide on Tuesday as investors and analysts awaited the outcome of ongoing trade talks between the U.S. and China. Prices for the most part held close to their seven-week high while the talks in London continued for a second day. They settled Monday at their highest since April….Brent …
Just as we’ve been reporting to you about declining rig counts across the U.S. and in Oklahoma, now comes a prediction from the U.S. Energy Information Administration of falling oil prices and lower rig counts. It means more stacked oil drilling rigs and oil prices of $60 or lower. The EIA came out …
Another rate hike for customers of Oklahoma Natural Gas Co. hangs in the balance as the utility takes its $41 million increase request before Oklahoma Corporation Commissioners and one of their Administrative Law Judges on Thursday. ONG is asking regulators to approve an increase of $41,504,750 which would amount to another $3.24 a …
