When it comes to some of the legislative issues dealing directly with the Oklahoma Corporation Commission, how does the only candidate to file so far for the commission in 2024 feel about them? OK Energy Today spoke at length with former State Senator and Secretary of State Brian Bingman about such issues as Right …
** The bodies of two people were recovered from the Patapsco River on Wednesday as officials searched the water where the Key bridge collapsed after being hit by an out-of-control container ship. The men, a 35-year-old and a 26-year-old, were found trapped in a red pickup at the middle of the fallen bridge, according to …
As the dollar strengthened and U.S. crude and gasoline stocks made a surprise jump, crude oil prices fell for a second consecutive day in trading on Wednesday. At the same time, it proved to be a strong day for Oklahoma energy stocks. West Texas Intermediate crude dropped 27 cents or 0.3% to $81.35 a …
So why is the Colorado oil and gas industry now coming out in support of a controversial push to ban all oil and gas drilling in the state by 2030? It’s not a case of “if you can’t lick ’em, join ’em.” Instead, the push is a political maneuver to point out that the …
The amount of crude oil in storage at the Cushing Hub in northern Oklahoma and across the U.S. increased in the past week, according to a new report from the U.S. Energy Information Administration. Cushing’s oil stocks rose 2.1 million barrell from 31.4 million on March 15 to 33.5 million as of March 22, …
Forget the thought of falling gasoline prices. Oklahomans are now paying far more for a gallon of gasoline than they did one year ago. The statewide average, according to AAA Oklahoma, reached $3.19 this week, a penny higher than a week ago, 32 cents more than a month ago and 18 cents higher …
After reporting $1.7 billion in cash flow in the fourth quarter of 2023, the highest in the past year, Oklahoma City’s Devon Energy plans a release of its first-quarter 2024 results in slightly more than a month. The company announced it will release the quarterly results on Wednesday, May 1 after the close of U.S. …
** Eastern seaboard ports are preparing to accept shipments of goods being rerouted from the Port of Baltimore following the collapse of the Francis Scott Key Bridge early Tuesday morning. Port officials and private-sector distributors told The Hill that plans to divert cargo shipments are in the works due to the suspension of vessel traffic …
Not only did crude oil prices settle lower on Tuesday but Oklahoma energy stocks did as well. Observers say the fall in crude happened after investors re-thought the impact of Russian refinery capacity in the country’s war with Ukraine. West Texas Intermediate crude finished down 33 cents or 0.4% at $81.62 a barrel on …
“BlackRock has never supported divesting from traditional energy firms.” That’s the claim BlackRock’s Larry Fink made in his annual letter to employees as the company fights claims in Oklahoma and other oil and gas producing states that the firm’s ESG policies are discriminatory. Entitled “Time to Rethink Retirement,” the lengthy letter included Fink’s comments about …
