Oil prices posted a loss on Thursday after U.S. government data revealed a weekly climb in U.S. crude inventories, on the heels of six consecutive weeks of declines, raising expectations of an oversupplied market as uncertainty continues to surround the outlook for demand. On Thursday, West Texas Intermediate crude for October delivery on the New …
Local energy stocks in Oklahoma took a beating in Thursday’s trading with some firms seeing their shares drop 7-8%. One suffered a nearly 10% decline in the value of its shares. Alliance Resource Partners dropped 1% or 3 cents to $3.08. Blueknight Energy Partners ended the day down 2 cents or 1.38% to $1.43. …
So much for “transparency” at the Oklahoma Corporation Commission where on Thursday, OK Energy Today was cut off from monitoring a meeting held in the agency’s public headquarters building, a meeting called for by a publicly-elected State Senator where regulatory recommendations were discussed. It was a meeting where the Commission’s own COVID-19 regulations might …
The Air Force has agreed to pay a nearly $250,000 settlement over those “forever” PFAS chemicals at Cannon Air Force Base in New Mexico. The settlement agreement was approved this week by the New Mexico Water Control Commission between the New Mexico Environment Department and the Air Base for alleged violations of state environmental …
It’s a done deal! SandRidge Energy’s $5.25 million acquisition of the overriding royalty interest assets of what is left of the SandRidge Mississippian Trust II. In a brief filing Thursday with the U.S. Securities Exchange Commission, the company announced the closing. It explained the net purchase price was $3.28 million given the company’s 37.6% …
The Oklahoma Environmental Quality Board will hold a virtual meeting Sept. 15 where it will get an update on environmental regulations as a result of the recent U.S. Supreme Court ruling that indicated much of eastern Oklahoma is now considered Indian country. DEQ General Counsel Robert Singletary will give the update but it will …
(Chandler FFA) Three central Oklahoma FFA chapters received boosts to their science, technology, engineering and math (STEM) education thanks to grants from Devon Energy. Chandler FFA was awarded a grant for plant propagation equipment, which it will share with Meeker FFA. Horticulture students will use the equipment to better understand the stages of seed production, …
Several of the 20 names added this week by President Donald Trump to his Supreme Court “shortlist” have experience in energy issues whether it is climate change, coal and anti-trust claims, FERC or administration efforts to roll back energy regulations. That’s why their nominations are of importance to the energy industry, whether it’s coal, …
Republicans have released another attack ad on Democratic U.S. Rep. Xochitl Torres Small in New Mexico’s southern district even as she earns support from a traditionally conservative-leaning group. Even as she claims to oppose the Green New Deal and Democrat calls to ban fracking. The National Republican Congressional Committee this week unveiled a new …
If a report by Reuters is accurate, a move by President Trump could impact the U.S. Supreme Court challenge by the owner of Oklahoma’s Wynnewood refinery which is fighting for biofuel mandate waivers. CVR Refinery appealed the January ruling by the 10th U.S. Circuit Court of Appeals ruling that was against the waivers granted …
