Oklahoma Congressman Tom Cole says the passing of two bills to strengthen the nation’s strategic energy reserves was one of the greatest accomplishments by the House in the past year. In comments about the year 2023, the Republican Rep. said it came after the Biden administration spent two years undermining the national security by …
Crude oil stocks fiinished 2023 down 10% for the year as of Friday and Oklahoma energy stocks slid downward too. Geopolitical turmoil and worries about the oil production levels led the main causes. West Texas Intermediate crudee finished down 12 cents or 0.17% for the day, settling at $71.65 a barrel on the New York …
** The Biden administration approved Louisiana’s bid to take the lead role in vetting and overseeing carbon dioxide storage wells in the state, a blow to environmentalists and some local residents who battled the plan. ** NextEra Energy Partners, LP NEP completed the previously announced sale of its Texas natural gas pipeline portfolio for $1.815 billion …
Even as New Mexico leaders attempt to demonize the oil and gas industry, they’ve chosen a former economist to the legislature to oversee the state’s $49 billion nest egg created by the industry. Jon Clark was recently named state investment officer, the person in charge of savings and trust accounts at the State Invetment …
Crude oil prices dropped 3% in Thursday’s trading and Oklahoma energy stocks suffered the same fate, this as more shipping companies indicated they will return to using the Red Sea route. Word of their plans eased concerns about supply disruptions in the Middle East. West Texas Intermediate crude fell $2.34 or 3.2% to $71.77 a …
We apologize for the issues experienced with our daily well completions and permits to drill. It has been challenging to say the least and the issue has yet to be resolved. However, this is an offering of a basic search of records, based on initial reports on file with the Oklahoma Corporation Commission. Here …
The sale of a former Siemens building in Bartlesville means the city will get 100 new full-time jobs offered by a New Jersey electric welding company that is expanding operations to northeast Oklahoma. Lincoln Electric Company, based in Union City, New Jersey and with headquarters in Cleveland, Ohio, reached an agreement with the Bartlesville …
Oklahoma might be considering switching to a Pay per Mile program as a means to finance road improvements, rather than relying on a gasoline tax. It’s the recommendation of a task force which issued a report released Wednesday, according to the Tulsa World. The report indicated such a program could start in 2027. “The strength of …
Add Hollywood actor Pierce Brosnan to the growing list of what some call “tourons,”—tourists who visit Yellowstone National Park and do something they should not be doing. It’s a combination of the two words “Tourists” and “morons.” According to the Cowboy State Daily, the Irish actor known for his role as James Bond, was …
Looking back on energy issues that happened in 2023, one was the testimony offered to Congress by Lucas Gjovig, CEO of GO Wireline who is also a member of the Oklahoma Workforce Advisory board. He testifed in March before the U.S. House of Representatives Small Business Committee’s Subcommittee on Rural Development, Energy and Supply …
