A special meeting of Oklahoma regulators will be held Tuesday morning regarding a request for a $32 million increase in charges for customers of Oklahoma Natural Gas…charges that would amount to another $29 more a year for most customers. The 10 a.m. hearing on rate case PUD2024-000010, will be before an Administrative Law Judge …
The weekend decision by OPEC+ to extend its deep oil output cuts into the coming year sent crude oil prices tumbling by more than $2 a barrel in Monday’s trading. Trading sent prices down to new lows as West Texas Intermediate, the US benchmark fell nearly 4%. OPEC and allies led by Russia have …
If Texas were a separate country, it would be the third largest oil producer in the world. It was the focus of an interesting part of the daily column produced by economist Steve Moore and his Committee to Unleash Prosperity. Moore recently wrote that the claim was verified by the latest annual oil prodution figures …
Two U.S. Representatives from Colorado and Wyoming have taken on a fight against the Biden administration’s efforts to curtail oil and gas production on federal lands in their states. Reps. Lauren Boebert of Colorado and Harriet Hageman of Wyoming announced the introduction of a joint resolution of disapproval under the Congressional Review Act to …
Oklahoma City’s Continental Resources company recently lost an appeals court case in North Dakota after being sued over a horizontal wastewater disposal well. As Justia US Law reported, the case involves Continental Resources, Inc., an Oklahoma oil and gas company, and Rick and Rosella Fisher, who own a farm in North Dakota. Continental …
It took eleven years for the state of Arkansas along with the federal government to take legal action, but on Friday, they sued ExxonMobil Pipeline Co. for the 2013 Pegasus oil pipeline leak that flooded the city of Mayflower with crude oil. And already a settlement is in the works and paperwork could …
** Elon Musk’s Tesla is not the only electric vehicle company laying off workers en masse; one of its rivals, Lucid, announced last week that it’s laying off about 400 people, SFGate reports, more than a year after another round of layoffs that saw 1,300 people get the boot. ** An Iowa Republican congressional candidate says the government …
The latest rig report from Baker Hughes showed no change in the nation’s oil and gas rig count but a decline in Oklahoma. The report released on Friday indicated the nationwide count remained at 600 rigs after a decline of one oil rig leaving 496 in the patch and a gain of one gas …
Reports suggest Oklahoma City’s Devon Energy has been on the prowl in the past several months for expansion of its oil and gas holdings. The company, reported The Motley Fool, recently was interested in acquiring Marathon Oil, firm that was grabbed last week by ConocoPhillips. Devon even held talks with Marathon officials to …
The Oklahoma Transportation Commission’s monthly meeting is scheduled for 11 a.m. Monday, June 3, in the R.A. Ward Transportation Building, 200 N.E. 21st St., Oklahoma City. Items to be addressed at the meeting: Oklahoma Transportation Commissioners will be presented with and vote on whether to approve the department’s Fiscal Year 2025 Budget Work Program. Oklahoma Department of Transportation …
