The nation’s oil and gas rig count slipped by one in the past week as the drilling activity in the Williston Basin of North and South Dakota declined. The Baker Hughes rig count released Friday showed Oklahoma saw a gain of one to reach 38 total oil and gas drigs, down only one from …
A national group that believes Oklahoma’s anti-ESG law is a politicization of pension funds is tracking the legal fight as it stands in Oklahoma County District Court. In a recent release, the Alliance for Prosperity and a Secure Retirement noted how the Oklahoma Energy Discrimination Elimination Act of 2022 is finding stiff resistance …
** Midwest grid operators MISO and Southwest Power Pool seek federal approval for changes to their joint operating agreement that would advance $1.7 billion in transmission projects and enable up to 30 GW of new generation. ** An Iranian hacker group this spring attempted to breach multiple Utah government sites, including state data related to oil and gas. ** …
The energy industry might very well remember the Kamala Harris and Tim Walz acceptance speeches as what was not said by the two candidates. Whether you support Kamala Harris as the Democratic nominee for President or not, it is clear that the energy industry apparently was not on her mind when she accepted …
Crude oil finished the week with a more than 2% gain on Friday, thanks to a strong hint from U.S. Federal Reserve Chair Jerome Powell that the central bank would likely cut interest rates. West Texas Intermediate crude closed up $1.82 or 2.49% at $74.83 a barrel on the New York Mercantile Exchange. Brent crude …
As crude oil prices rose more than 1% in Thursday’s trading, Oklahoma energy stocks endured moderate losses of about the same percent or less. What prompted the oil price surge was growing hopes that the Feds might cut the U.S. interest rate in a few weeks. West Texas Intermediate crude went up $1.08 or …
Oh oh….while Democrats party at their national convention in Chicago and call the Kamala Harris effort to win the White House a campaign of joy, there is not joy at the gas pumps in Chicago. Prices are 20% to 23% higher than the national average. Refinery outages in the Windy City and in Ohio …
) (Shawnee Public Schools officials receive a $2,500 check from OGE Energy Corp. Foundation for the new school year. (Left to right): Dr. Aaron Espolt, Shawnee Public Schools Superintendent; Emily Rothrock Tate, OG&E Community Affairs Manager; Christi Lovelady, Horace Mann Elementary School Principal; Michelle Wallace, Shawnee Public Schools Counseling & Community Engagement Coordinator; Jeff Cook, …
** During a campaign stop in Pennsylvania on Monday, former President Trump said he’d eliminate the Biden administration’s power plant rule but was noncommittal about his position on a tax credit for electric vehicles. ** Senate Majority Leader Chuck Schumer (D-N.Y.) indicated to reporters at the Democratic National Convention that climate legislation would be on the agenda if Democrats retain the White House and …
As crude oil prices dropped by $1 a barrel on Wednesday, Oklahoma energy stocks ended the day with a mix of gains and losses. The price drop came after the U.S. revised a sharply estimate of employment stats—down by 818,000. As a result, West Texas Intermediate crude fell $1.24 or 1.69% at closed at …
