While waiting for the other shoe to drop when it comes to gasoline prices and tariffs on Mexico and Canada, Oklahoma’s average price is about the same as a week ago, according to AAA Oklahoma. The average price for a gallon of regular unleaded is $2.68, just a penny more than last week but …
Category: Oil & Gas
4Q revenues drop at Alliance Resource Partners
Alliance Resource Partners in Tulsa had some disappointing fourth quarter results as total revenue fell nearly 6% compared to a year ago. But growing energy conditions also give optimism at the company’s leadership. The coal-company’s revenue decreased 5.6% to $590.1 million compared to $625.4 million for the 2023 Quarter primarily as a result of …
Energy briefs
** The ongoing conflict between oil giant Exxon and environmental groups has escalated amid a new lawsuit against California’s attorney general. Exxon Mobil has sued Attorney General Rob Bonta as well as environmental groups, including the Sierra Club, for allegedly conspiring to defame and hinder the company’s business, per reports by the New York Times. ** Crescent …
Trump’s tariffs could mean higher gasoline prices
If the predictions of analysts and fuel traders are accurate, Americans are likely to see higher gasoline prices following President Trump’s decision on Saturday to implement tariffs on Canadian and Mexican oil. President Trump amitted his move could also result in higher gas and heating costs for Americans, creating something of a doube-edged sword …
State legislators return to the capitol
The start of the new session of the 60th Oklahoma legislature promises to build excitement at the State Capitol on Monday. And maybe a little skepticism. More than 40 years ago, legislators were piqued about a poster that hung in the former broadcast press room of the capitol, featuring brightly colored clowns and highlighted …
Scott Mitchell talks energy with Jerry Bohnen—tariffs and Todd Hiett
Tariffs or no tariffs…..and a review of the investigation of Corporation Commissioner Todd Hiett. It’s among the topics of today’s Scott Mitchell talks energy with Jerry Bohnen.
RareEarth’s Stillwater lab develops first rare earth magnets
(Image courtesy of USA Rare Earth). USA Rare Earth, LLC, a company building a domestic rare earth magnet supply chain from mine to magnet, announced a major milestone in January – the successful production of its first batch of sintered permanent rare earth magnets at its new cutting-edge Innovations Lab currently under development in Stillwater, …
Stripper Well Association backs Trump’s tariff threats
Stripper well leaders have come out in support of President Trump’s plan to put a tariff on foreign crude oil production including Canada and Mexico. The National Stripper Well Association, once headed by Darlene Wallace of Seminole, Oklahoma, came out this week praising Trump for his leadership and highlighting the importance of curbing flows …
Energy briefs
** Executives from a dozen U.S. power companies urge the Trump administration to roll back federal regulations on coal ash disposal and rescind recent enforcement action. ** Artificial intelligence companies pair with a Japanese investment firm to announce a sprawling data center complex with a 200 MW substation in Texas, which will be the first part of …
Pipeline wins eminent domain lawsuit before Appeals Court
The Oklahoma Court of Civil Appeals handed a victory this week to a pipeline company in a fight over eminent domain and condemned land in Logan County. The Court ruled in favor of DCP Southern Hills pipeline, LLC of Denver, Colorado after it had been sued in 2018 following the 2012-2013 construction of a …