Republicans in the U.S. House have filed a bill to fund the refilling of the Strategic Petroleum Reserve which was drastically lowered in the Biden administration. The bill is named the Budget Reconciliation Bill and includes the funding to start the refilling of the SPR which was one of the key promises made by …
Crude prices recorded gains on Monday after the U.S. and China trade talks gave strong suggestions of progress. Oklahoma energy stocks followed suit with several firms making 5% and 6% gains for the day. Investors feel optimistic that the world’s two largest crude users might be close to a resolution in their trade …
Oklahoma Corporation Commissioners await word from Gov. Kevin Stitt whether he will go ahead and let a controversial energy bill become law or veto the measure some contend will lead to higher electrical rates while opponents argue otherwise. Commissioners are hoping he vetoes SB998, the measure that includes a CWIP or “construction while in …
In a meeting scheduled for Thursday at the state capitol, the Oklahoma Senate Energy Committee will consider votes to confirm appointments to several energy commissions. The following executive nominations are to be considered for approval: Shannon L. Ferrell, Orlando, to the Environmental Quality Board, to serve a five-year term ending January 31, 2030, succeeding …
NGL Energy Partners LP plans to release its fiscal year ended March 31 earnings press release at the end of the month. The information will be made available after the close of market on Thursday, May 29. The company’s managment team will hold an earnings call at 4 p.m. on the same day. NGL …
Only two oil plays in the U.S. saw increased drilling activity in the past week and both were in Oklahoma. The latest Baker Hughes rig count, closely followed across the country, showed gains in rig counts in the Cana Woodford and the Granite Wash. Both are in the western part of Oklahoma. The …
Of the oil still imported to the U.S., most comes from Canada and a new report by the Kansas City Federal Reserve Bank shows it has been on the increase over the past two decades. The study shows U.S. crude oil imports from Canada averaged 4.1 million barrels a day in 2024 or 62% …
Landowners and others wanting restrictions on the use of eminent domain for carbon pipelines were left angry on Friday when the Iowa Senate adjourned without taking any action on their calls. The Iowa Capital Dispatch reported it’s about opposition to the several-state plan by Summit Carbon Solutions to create a carbon capture pipeline. …
** The Colorado Supreme Court permitted Boulder County and the city of Boulder on Monday to proceed with their lawsuit against two fossil fuel corporations over alleged local harms caused by the effects of climate change. ** BP’s underperformance and strategy shifts have made it a potential takeover target. Shell, Chevron, Exxon, TotalEnergies, and others …
Seven months after an Oklahoma Supreme Court justice indicated ratepayers might be burdened with anywhere from $60 million to $100 million more costs on top of their 2021 winter storm rate hikes, legislators are being told it could in the range of $150 million. Yes, Winter Storm Uri remains a nightmare for ratepayers that …
