The latest Baker Hughes Rig Count showed no growth or loss in the number of rigs across the U.S. and in Oklahoma. The Friday report indicated the nation’s count was unchanged at 589 from a week ago. The number of oil rigs remained at 482 while the number of gas rigs increased by one …
Oklahoma Congressman Frank Lucas apparently will not be the top Republican on the House Financial Services Committee that oversees Wall Street, the Federal Reserve and cryptocurrency. The committee’s actions regarding banks and other financial institutions affect funding for the energy industry. Even though Rep. Lucas is the longest serving Republican on the Committee, Arkansas …
** California advocates say a state law aimed at phasing out diesel trucks has failed to reduce pollution in communities near the Port of Los Angeles. ** Nevada advocates file a lawsuit seeking to force federal land agencies to protect the Old Spanish Trail from utility-scale solar projects, mining and other development. ** A Michigan House panel approves a $50 …
The Ogallala Aquifer which stretches from Nebraska to the Panhandles of Oklahoma and Texas is getting more attention over the depletion of its lifeblood for farmers and ranchers. And it’s not casual attention. This time, it is the state of Kansas where it wants more restrictions on the part of the groundwater management districts …
The Biden administration made it clear this week where it stands over the issue of local governments and their ability to sue oil companies over climate change, even as it prepares to turn things over to President-elect Trump. And it’s not with the oil and gas industry, the group that Joe Biden put in …
Crude oil prices slipped into negative arenas on Thursday after the International Energy Agency raised its oil demand growth forecast for 2025. Other possible affects were caused by a slight increase in US inflation for November and a jump in China crude imports in November compared to a year earlier. West Texas Intermediate crude …
This week’s move by the Oklahoma Turnpike Authority to raise tolls by 15% in January drew the criticism of Rep. Annie Menz, a Democrat from Norman. “A turnpike toll increase is something all Oklahomans should get a say on,” Menz said in a statement from her office. “The Oklahoma Turnpike Authority should be held …
** ExxonMobil is preparing to join the power generation business, seeing an opportunity to support the electricity supply for energy-intensive data centers. The company on Dec. 11 said it is designing what was referred to as a “massive” natural gas-fired power plant that would be dedicated to producing power for data centers. ** ExxonMobil has announced …
ONEOK is moving ahead with a decision reached late last month to acquire all of the outstanding publicly held common units of EnLink in a $4.3 billion plan. It’s part of ONEOK’s merger with EnLink. In a Dec. 11 message to employees of the two companies, Pierce Norton, President and CEO of ONEOK and …
With holiday travel approaching, gasoline prices across the U.S. are at a three-year low of $3.02 and close to falling below $3 a gallon. But prices in Oklahoma, well below $3 for more than a year are a steady average of $2.52 per gallon. Still, some of the state’s county averages are among the …
