Even as Oklahoma’s statewide average gasoline price slipped a few cents to $2.76 a gallon, much of the state appears to be lingering closer to $3 a gallon. Still, Oklahoma’s average is among the lowest in the country. The dark red counties shown on the latest AAA map of Oklahoma have spread from …
Category: Oil & Gas
Energy briefs
** Florida imports a projected 30,000 power line workers from states as far as New Mexico, Arizona and California as electric utilities prepare for the approaching Hurricane Milton. ** Hurricane Helene pushes Tennessee officials to confront “outdated or incorrect” emergency plans and flooding data linked to 274 dams that are considered to have “high hazard potential” for downstream communities. ** …
Natural gas fired power plants take hold across the U.S.
Environmentalists might not like it, but the gradual phasing out of coal-fired power plants has resulted in phenomenal growth of natural gas-fired plants . A report from the U.S. Energy Information Administration showed U.S. natural gas-fired power plants generated more than 7 million megawatthours (MWh) of electricity on August 2, 2024, according to the gency’s …
Vital to release 3Q earnings report next month
Vital Energy plans to release its third quarter financial report the first week of November. The firm said the results will be released after the market closes on Wednesday, Nov. 6. A conference call will be held the next day, Thursday, Nov. 7 at 7:30 a.m. central time. The Tulsa-based company had $36.7 million in …
Crude oil settles above $80 as worries grow over what happen next in the Middle East fighting
A nearly 4% jump in crude oil prices pushed Brent crude above the $80 a barrel mark for the first time in weeks. The increasing risk of a wider war in the Middle East still has investors worried about the prospects of Middle East crude oil shipments being interrupted. There are still growing …
Hurricane fund-raising effort launched by Pilot travel centers nationwide
A spokesman for Pilot travel centers isn’t afraid to say it. “Our thoughts and prayers are with the countless individuals, families and communities, including our own team members, experiencing the utterly devastating effects of Hurricane Helene,” declared Julis Cox, Pilot’s chief people officer. While some national leaders in recent days were reticent to use the …
Cheniere Energy to release 3Q earnings report at the end of the month
Investors in Cheniere Energy, Inc. will learn at the end of the month whether the third quarter earnings of the firm will top the more than $3.3 billion in second quarter revenues. The Texas-based company, one with the Midship natural pipeline across Oklahoma, announced it will issue the third quarter earnings report …
Energy briefs
** With a death toll still at 230 or more, the effects of Hurricane Helene are still being discovered. Local, state and federal officials determine Hurricane Helene damaged or destroyed 519 homes and 83 businesses in Virginia. ** October 8—National Hydrogen and Fuel Cell Day—is like a birthday party for hydrogen. It’s being observed by the U.S. Energy Department. ** …
Growth and decline of drilling activity seen in oil plays
While there was only a slight drop in the number of active oil and gas rigs across Oklahoma and the U.S., what about activity in the country’s shale plays? Of course, the Permian Basin was the oil play with the biggest drilling activity—304 rigs but it was down two in the past week, …
Texas Lt. Gov. Patrick calls for resignation of CenterPoint Energy CEO
The outspoken Lieutenant Governor of Texas, Dan Patrick, has joined the list of those who think the top man at CenterPoint Energy should resign. As Fuel Fix reports, Patrick told a weekend meeting of the Public Utility Commission of Texas it’s time for CenterPoint CEO Jason Wells to leave over the company’s failed response …






