Oklahoma Congresswoman Stephanie Bice is taking on those environmental calculations the Biden administration, especially the SEC, favors in its attempts at climate-related disclosures. The Republican Representative from the 5th congressional district introduced the Stop Environmental calculations Act. It is aimed at the U.S. Securities and Exchange Commission and would stop the SEC from requiring …
Category: General
Hochatown’s broken water pipe calamity
Word’s coming out about the huge frozen water pipe problem that hit southeast Oklahoma at Christmas time. Buried in the recent Sunday Oklahoman was a Richard Mize article about the water pipes that froze then flooded many of the 3,000 luxury cabins and lodges in Hochatown, the little community that recently incorporated as a …
Williams promotes executive to lead corporate strategic development
Williams announced the promotion of Chad Zamarin to Executive Vice President of Corporate Strategic Development, effective immediately. In his expanded role, Zamarin will assume responsibility for the company’s commodity marketing efforts, in addition to his current responsibilities that include corporate strategy, business development, project analysis, upstream joint ventures, new energy ventures, communications and corporate …
Alliance Resource investors await 4Q earnings report
The question investors in Alliance Resource Partners, L.P. want answered is whether the Tulsa-based company’s big money gains in the third quarter will continue in the fourth quarter. They’ll know when the company reports its fourth quarter 2022 financial results before the market opens on Monday, January 30, 2023. Alliance management will discuss these …
Energy headlines
** The N.C. Utilities Commission’s first-ever plan to reduce carbon dioxide emissions caused by generating electricity in the state has been met with widespread criticism. Environmental groups and solar energy trade associations have argued that the plan unnecessarily limits the amount of new solar energy while allowing Duke Energy to move forwa ** After proving it could …
Will Biden continue his war on oil and gas?
Perhaps the control of the U.S. House by Republicans will create a turn of events for the oil and gas industry which for the past two years has been the target of critical efforts by President Biden. It has created some speculation whether Biden will be as bold in his war on the industry. …
Wyoming legislators consider end to EV sales by 2035
There’s nothing like it in the Oklahoma legislature. But the Wyoming legislature is considering a proposed idea of a statewide ban of the sale of new electric vehicles by 2035. It’s sort of a reverse California law where gasoline powered vehicles are to be banned in the coming decades. The Wyoming resolution has support …
OGE observes MLK activities
For the fourth year in a row, OG&E is observing a Week of Service to celebrate and honor the life and legacy of Dr. Martin Luther King, Jr. by partnering with elementary schools, participating in the annual Oklahoma City MLK Day Parade and highlighting its diversity and inclusion efforts. “Starting the new year with …
Friday saw a $1 gain in crude oil prices but losses for OK energy stocks
While crude oil prices rose more than a dollar a barrel on Friday, Oklahoma energy stocks recorded a weak trading day. For oil prices, it was the biggest weekly gain since October as West Texas Intermediate crude for February delivery rose $1.47 or 1.9% to finish at $79.86 on the New York Mercantile Exchange. …
Increased US drilling activity while slight drop recorded in Oklahoma
The nation’s oil and gas fields saw a gain of 3 rigs to reach a total of 775 while there was a drop in activity in Oklahoma reported Baker Hughes on Friday. The well-servicing company reported the number of oil rigs increased by 5 to 623 while the count of gas drilling rigs fell …