Before taking a day off during the July 4th holiday, crude oil prices gained nearly 1% in Wednesday’s trading. A larger-than-expected draw in U.S. crude oil stocks sparked the gain but there were still some existing concerns about increasing inventories around the rest of the world. (see elsewhere in OK Energy Today for report on …
Crude oil stocks across the U.S. took a nose-dive in the past week while the amount of oil in storage at Oklahoma’s Cushing hub increased. The U.S. Energy Information Administration released figures Wednesday, showing the total of crude oil held in the U.S. dropped by more than 12 million barrels. The amount fell …
A District Court in Louisiana handed a court victory to Tulsa-based Williams Cos. in a battle with Energy Transfer LP. The Dallas company had attempted to stop Williams from building a natural gas pipeline across its own line. But the 42nd Judicial District Court of DeSoto Parish ruled against Energy Transfer on Wednesday. The fight was …
We’re not sure if any more Pilot Travel Centers will be built in Oklahoma, but the company is planning to add nearly three dozen more such centers in the US and hundreds of more parking spaces for big rigs. Freight Waves reported the Tennessee-based company, the nation’s largest travel center network, will add 35 …
Sounds like another state is intent on making up lost revenue from gasoline sales as the government pushes more electric vehicle development. Washington state is reported to be considering implementaton of a fee on doorstep deliveries. That’s right. If you live in Washington state and Amazon delivers a package, there will be a “retail …
Since President Biden took office about three and one-half years ago, his administration has created 225 laws, regulations and decisions targeting oil and gas and coal…actions making it more expensive and more difficult for production. Just the News reported this week the list was confirmed by the free-market energy research group, The Institute for …
While the government sold a million gallons of gasoline before the start of the July 4th holiday in a move to lower gasoline prices, a government report indicated average gasoline prices were also down 19 cents a gallon since the 2024 high on April 22. The U.S. Energy Information Administration reported prices fell to …
Days after Oklahoma and 24 other states sued the Biden administration over its EV mandates, another state joined the cause. Wyoming Gov. Mark Gordon announced this week that Wyoming joined the lawsuit against the Biden administration over a new rule issued by the National Highway Traffic Safety Administration imposing new standards requiring auto manufacturers …
ONE Gas is planning a release of its second quarter 2024 financial results on Monday, August 5. The material will be made available after the close of markets. The next day, Tuesday, Aug. 6, the company executive management team will hold a conference call at 10 a.m. central time. The call also will …
** The Biden administration on Tuesday announced the sale of 1 million barrels of gasoline in its latest effort to push down the price of gas which largely will impact the northeast United States ahead of Fourth of July travel. ** As the nation sizzles, the Biden administration is proposing the nation’s first-ever standards aimed …
