Even after new rates were increased for nonconsensual towing in Oklahoma on June 1, the Oklahoma Corporation Commission and the towing industry in the state are exploring other improvements. At the request of the Attorney General, the commission’s Transportation Division launched a Notice of Inquiry early this month. As a result, OCC officials have …
Our apologies but a correction is necessary regarding a story we linked you to last Friday regarding the recent oilfield explosion that injured four workers in Grady County. The Corporation Commission did not investigate and conclude the incident was an accident. Any such conclusion is up to other federal and state agencies. The OCC …
When crude oil prices registered a second straight day of gains, Oklahoma energy stocks also recorded a big day with one firm shooting up 9%. What might have sparked it was increased optimism for U.S. interest rate cuts because of a surprised slowdown in inflation.For the first time in a while, Brent crude actually settled …
The attempt by billionaire Michael Bloomberg and his Wyoming Outdoor Council to outbid oil and gas companies during a state-led oil and gas lease auction prompted Wyoming Gov. Mark Gordon to prevent environmental activist groups from driving up bids and keeping the land out of the hands of oil and gas firms. Gov. Gordon signed …
Oklahoma State University announced the appointment of Dr. Ann Bluntzer as the Executive Director of the Hamm Institute for American Energythis week. Bluntzer previously was the executive director of the Ralph Lowe Energy Institute within the Neeley School of Business at Texas Christian University. Hamm Institute founder Harold Hamm called Bluntzer an extraordinarily talented …
** The Biden administration announces $1.7 billion to retool or expand 11 auto plants in eight states for electric vehicle manufacturing, including $500 million for General Motors to convert a Michigan assembly plant. ** Tesla’s share of the U.S. electric car market falls to less than 50% in the second quarter as the popularity of General Motors, …
(before and after the storm) The 100 or more Oklahoma Gas and Electric workers sent to Houston to help restore power arrived to help a beleagered CenterPoint Energy, a power company that’s facing criticism over its lack of speed in bringing back power after Hurricane Beryl hit the city last weekend. The OG&E workers …
The U.S. oilfield sector saw a gain in jobs during the month of June according to a report from the Energy Workforce & Technology Council. The gain totaled nearly a thousand jobs as the national energy services sector moved to 647,636 jobs across the country. Based on data from the Bureau of Labor Statistics, …
A larger than expected drop in crude oil and gasoline inventories gave a shot in the arm Wednesday to crude oil prices. They might have risen more but were restricted by some minimal supply disruptions from Hurricane Beryl. West Texas Intermediate crude rose 69 cents or 0.85% to finish at $82.10 a barrel on the …
The workover rig site where four workers were hurt in an explosion earlier this week near the Grady County community of Bradley was owned and operated by Red Rocks Oil & Gas Operating based in Oklahoma City. The company released a statement, according to News 9 TV, and said the site was the Newby …
