At least two Oklahomans in the U.S. House of Representatives have condemned the energy stances of Vice President Kamala Harris who is now running for President. Congresswoman Stephanie Bice told OK Energy Today, “Vice President Harris, who once called to end all fracking, is no friend to the oil and gas industry. In …
Affected by low prices, Gulfport Energy Corporation decided at the end of April to defer some of its drilling and now will release second quarter earnings. Investors will learn whether the deferral of exploration did any good and how it affected earnings. The Oklahoma City company focuses much of its drilling in the Marcellus …
The below the surface tension between Oklahoma Corporation Commissioners Todd Hiett and Bob Anthony erupted again Tuesday into a display of animosity and political charges. And it stemmed from the 2021 Winter Storm bonds and how ratepayers will be paying for decades to come. Hiett accused Anthony of trying to trick the public …
Make three straight trading days where crude oil prices have dropped. On Tuesday, prices dropped nearly 2% and hit a six-week low because of growing worries about oil demand in China and the possibilities of a ceasfire in Gaza. Both WTI and Brent hit their lowest closes since June 7 and Reuters reported it pushed …
Oklahoma was among 27 states that took their fight this week against the EPA’s carbon rule to the U.S. Supreme Court. The rule was finalized in May and quickly led to a lawsuit by Republican attorneys general from 27 states and industry groups who attempted to block the landmark rule. The rule requires sweeping …
Just a few days after an Oklahoma County District Judge ruled that Oklahoma’s anti-ESG law should be permanently enjoined from enforcement, the state supreme court was asked to dismiss an earlier state appeal of the judge’s temporary injunction. Attorney Collin Walke, who led the fight on behalf of state retiree Don Keenan in his …
** According to a report from WalletHub published on July 1, 2024, consumers in Wyoming pay an average of $1,591 annually for electricity. That’s more than four times the cost of electricity in the lowest-cost states. ** Occidental Petroleum, a Texas-based oil company, claims it will be net zero by 2040, but its methods are …
Monday produced another drop in crude oil prices and it came on the heels of President Biden’s weekend announce he will not seek a second term in the White House—instead endorsing Vice President Kamala Harris. It proved the second consecutive session of losses in crude oil prices. US benchmark West Texas Intermediate crude saw its …
After five years, Mammoth Energy Services is finally being paid more than $188 million in settlement of its legal fight with Puerto Rico following the power restoration efforts after the 2017 Hurricane Maria. The agreement was reached by Cobra Acquisitions LLC, a wholly owned subsidiary of Mammoth and with the Puerto Rico Electric Power …
Natural gas producers will have an opportunity Tuesday to comment on a plan by state regulators to continue with a 75% limitation or proration formula on the production of natural gas from what are called unallocated wells. The Oil and Gas Division of the Oklahoma Corporation Commission recommended the 75% limit be the same …
