Category: Oil & Gas

More than 696,000 Oklahomans will travel for Thanksgiving

  Oklahoma and National Thanksgiving Holiday Travel At-A-Glance    Thanksgiving is the single busiest holiday for travel, and according to AAA travel projections, this year is no exception across America and here in the Sooner State. Here’s a quick look at some of the numbers, trends and tips from AAA: 696,217 – Number of Oklahomans who will travel …

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Oklahoma Reps sided with rolling back Biden energy policies

the rules have changed

Oklahoma Delegation Supports House Votes to Repeal Biden Energy Rules U.S. House members took a series of high-profile votes this week to roll back three Biden-era energy policies, actions that many Republicans described as “roadblocks” to American energy development. All five members of Oklahoma’s U.S. House delegation — Rep. Stephanie Bice, Rep. Josh Brecheen, Rep. …

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Muskogee makes it official…new data centers in Muskogee

  Google, along with Muskogee County, City of Muskogee and Port Muskogee announced plans Friday for two new data center campuses near the towns of Summit and Council Hill, as well as new agreements to add energy to the electricity grid — building on the company’s longstanding presence in Oklahoma.  Part of Google’s two-year $9 billion …

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Energy Brief: PJM Rejections, EV Sales Drop, DOE Loan

PJM Rejects All 12 Growth Proposals Grid operator PJM Interconnection rejected all 12 proposals submitted by data center companies, utilities, energy advocates, and other stakeholders offering recommendations on how the regional operator should handle surging electricity demand. U.S. EV Sales Fall 49% in One Month U.S. EV sales dropped 49% from September to October after …

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Crude oil prices fell in Wednesday’s trading

  Oil prices dropped Wednesday over reports showing an unexpected increase in U.S. crude and fuel stockpiles, adding to the concerns about an oversupply of crude oil. Prices were also affected by supply risks caused by U.S. sanctions against Russian oil producers. There was also a report that indicated the U.S. renewed its push to …

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Saudi Arabia orders Helmerich and Payne rigs to restart

H&P to Reactivate Seven Saudi Rigs in 2026 Helmerich & Payne, Inc. announced that notice has been received to recommence operations on seven land rigs in Saudi Arabia that are currently under suspension. The reactivations will occur in stages throughout the first half of calendar year 2026. In accordance with the terms of the drilling …

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ONE Gas chairman to retire

highway sign that says Retirement next exit

ONE Gas Chair John Gibson Retires; Hersman Named Successor ONE Gas, Inc. announced that John W. Gibson, 73, will retire from the board and as chair after the Company’s Annual Meeting for Shareholders next May and be replaced by the former chair of the National Transportation Safety Board. Gibson has served as chair since ONE …

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Energy Brief: Regulators Reject Hikes, Global Oil Shifts

U.S. ENERGY Maine regulators deny CMP rate increase Maine regulators rejected a proposed Central Maine Power rate hike that would have increased the average monthly bill by $35. Regulators directed CMP to submit a new plan that better considers impacts on consumers. Federal investigators outline Key Bridge collapse Federal investigators detailed what caused the Francis …

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Paragon Industries CEO Charged in $66M Federal Fraud Case

Sapulpa Pipe CEO Arrested on $66M Federal Fraud Charges Federal authorities arrested Derek Wachob, the CEO of the oil and gas pipeline supplier based in Sapulpa, on charges of federal wire fraud. The U.S. Attorney’s Office in the Southern District of New York confirmed the arrest and explained the charges were that Wachob, 53, had …

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Why are rig counts low? There’s an explanation

  U.S. rig counts remain low as production efficiencies improve Data source: Baker Hughes Company Note: Excludes any miscellaneous rigs The average number of active rigs per month that are drilling for oil and natural gas in the U.S. Lower 48 states has declined steadily over the past few years from a recent peak of 750 rigs …

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