Oklahoma Gov. Kevin Stitt is one of ten Republican Governors who recently announced a coalition to slash regulations about energy production and take a stand against renewable energy mandates. They call it the Governors Coalition for Energy Choice. In a statement, the governors said their goal is to “ensure continued energy choice, minimize permitting and …
Crude oil prices managed a 1% gain in Thursday’s trading, a day after the large cut in U.S. interest rates and news of declining global stockpiles. Plus, it turned into a day of strong gains for Oklahoma energy stocks. As Reuters explained, prices are recovering after Brent crude, the global benchmark, fell below $69 …
Alan Armstrong, President and CEO at Williams Cos. recently told a national conference that the addition of a dozen new projects is necessary to meet the nation’s growing demand for natural gas. He told those on hand at the Barclays CEO Energy-Power Conference Williams plans to add 4.2 billion cubic feet a day …
(Full video of Sen. Mullin’s remarks can be found here.) In offering his support this week for a Protecting American Energy Production Act, Oklahoma U.S. Senator Markwayne Mullin used the opportunity to criticize Vice President Kamala Harris over her flip-flop on hydraulic fracturing policy. “The bill I bring forward today is the Protecting American Energy Production …
The AARP Oklahoma wasn’t bluffing when it told members this week during a telephone town hall that yet another increase is coming from Public Service Company of Oklahoma, even as state regulators are considering a previous rate hike request. PSO filed a notice seeking approval from the Oklahoma Corporation Commission for what is …
An acquisition of 435,000 acres in the Marcellus Shale play was announced this week by Philadelphia-based WhiteHawk Energy, LLC. It’s a shale play where Oklahoma City’s Chesapeake Energy also has operations. The natural gas mineral and royalty assets acquired by WhiteHawk Energy are across southwestern Pennsylvania and northern West Virginia and expands the company’s …
Crude stocks declined again in a big way at the Cushing Hub in Oklahoma and across the U.S., reported the U.S. Energy Information Administration. Cushing’s total in stored crude oil fell 2 million barrels, from 24.7 million recorded on September 6 to 22.7 million barrels on September 13 which is the latest reporting period …
** The Justice Department filed suit Wednesday seeking more than $100 million from the owner and operator of the container ship that destroyed the Francis Scott Key Bridge in Baltimore killing six and paralyzing a major transportation artery for the U.S. Northeast. The department is seeking to recover what the U.S. spent in responding to the disaster and …
The rate cut announced Wednesday by the Federal Reserve made crude oil investors wonder about the health of the U.S. economy and as a result, crude oil prices dropped. At the same time, the U.S. experienced a crude oil inventory decrease. The crude inventory fell 1.6 million barrels, far more than the 500,000 barrel decrease …
Nearly $5 million is being given by the Biden administration to Oklahoma’s Caddo Nation and Osage Nation to use to plug abandoned oil and gas wells. Indian Country Today reported the Caddo Nation of Oklahoma will receive $3,707,129 in program development and implementation grant funding, and the Osage Nation will receive $1 million in program development grant …
