New Mexico has become the second state in the country to make gasoline stations liable for drunk drivers. The State Supreme Court ruled this week that the gas stations have a legal obligation not to sell fuel to drivers who are believed to be intoxicated. The Associated Press reported the decision could have far-reaching …
Category: Oil & Gas
Dividend declared by ONE Gas
The board of directors of ONE Gas, Inc. on Monday declared a quarterly dividend of 58 cents per share of common stock, payable Sept. 1, 2021, to shareholders of record at the close of business Aug. 13, 2021. ONE Gas announced previously that it expects the quarterly dividend to be 58 cents …
Oil falls to $66 in US and $68 in Europe
Crude oil prices on Monday suffered their biggest one-day loss since September 2020 as analysts blamed the growing spread of COVID as well as the OPEC+ deal for increased production. Oklahoma energy stocks bled freely. West Texas Intermediate crude for August delivery, which last week had been in the $74 and $75 a barrel …
Gasoline prices steady in Oklahoma but grow higher nationwide
High gasoline prices continue to take a chunk out of wallets these day and they’ve even gotten the attention of Oklahoma U.S. Sen. James Lankford in a recent tweet. “In just 1 year, the cost of milk is .40 cents higher. Gas prices are soaring. Bacon is up. Everyday products are skyrocketing & it’s …
Colorado surveying methane emissions with flyovers above oil and gas sites
Colorado’s state health department recently conducted its first aerial survey of emissions from oil and gas sites in the state. The survey was conducted over Front Range sites through the use of infrared sensors that map out methane plumes reported 9News KUSA in Denver. Click here for 9News story.
Energy news in brief
** No sooner had OPEC + announced output hikes on Sunday for August, crude prices saw their worst plunge since June, falling some 6% at the time of writing at New York’s midday trade Monday. ** Gas created during wastewater treatment is now making a regional utility in Des Moines an estimated $5 million a …
Barrasso op-ed: Biden must pull Stone-Manning BLM nomination if he’s serious about domestic terrorism
Stone-Manning sent a disturbing letter to the US Forest Service on behalf of ecoterrorists, then covered up their crimes and lied to the Senate. By: U.S. Senator John Barrasso USA Today President Joe Biden has called domestic terrorism one of the most serious security threats facing America. In June, his National Security Council even issued …
Former SandRidge CEO quickly hired by Southwestern Energy
It didn’t take former SandRidge CEO and President Carl Giesler Jr long to find a new job after resigning last week. The same day his resignation took effect on Friday, Southwestern Energy announced his appointment as Executive Vice President and Chief Financial Officer. Giesler’s appointment is effect July 19 for the company headquartered in …
Crude oil held its own on Friday but Oklahoma energy stocks suffered
Crude oil prices saw only a slight increase at the close of trade on Friday, offsetting a few days of drops in price as concerns still existed over what OPEC might do and whether a rise in coronavirus cases might lead to lockdowns and depressed demand. West Texas Intermediate crude oil for August delivery …
Continental’s $2 million lawsuit against oilfield service provider to proceed
An Oklahoma City federal judge has ruled in favor of Continental Resources in a lawsuit in which it accused a North Dakota oilfield firm over fraudulently overbilling the Oklahoma company more than $2 million. The lawsuit was filed against Wolla Oilfield Services and its owner Jason Wolla in March of 2020. U.S. District Judge …