The founder of Arkansas-based USA Truck Inc., Robert “Bob” Powell died this past week. He was 87 and led the giant trucking company headquartered in Van Buren, Arkansas. Click here for Arkansas Business report.
Oil prices make 1.5% gain in Monday’s trading
With a growing demand for more fuel across the globe, oil prices on Monday saw a 1.5% gain for the day and in the U.S. they reached the $80 mark. Oklahoma energy stocks didn’t have the same kind of day. West Texas Intermediate crude went up $1.15 or 1.5% and finished the day at …
Oklahoma City hosts Oil and Gas Expo on Thursday
The Oklahoma Oil & Gas Expo is set to begin this week on the State Fairgrounds in Oklahoma City. Sponsored by the Sustaining Oklahoma’s Energy Resources division of the Oklahoma Energy Resources Board, the event will be held Oct. 14 from 9 a.m. to 3 p.m. in the Bennett Event Center. This year’s Expo …
Devon leader to keynote oil conference in Midland
Devon Energy’s Clay Gaspar will be the keynote speaker at next month’s Executive Oil Conference and Exhibition in Midland, Texas. His keynote address will be “The Permian Dividend Gusher.” As Executive Vice President and Chief Operating Officer, Gaspar will discuss what it takes to succeed in the nation’s most prolific shale play— and how Devon …
Chesapeake Energy goes in-house to pick new leader
Chesapeake Energy Corporation is under new leadership but a face familiar with others in the Oklahoma City-based company. The Board of Directors chose Domenic “Nick” Dell’Osso to be the company’s new President and Chief Executive Officer. It was a reported unanimous decision by the board to name him to succeed Doug Lawler who left …
Brief energy stories from across the nation and world
** Under a new law signed over the weekend by Gov. Gavin Newsom, California will ban the sale of all off-road, gas-powered engines, including generators, lawn equipment, pressure washers, chainsaws, weed trimmers, and even golf carts. ** The underwater pipeline that caused a major oil spill off the coast of Southern California was likely initially damaged by a …
Utility marking firm cleared in deadly Missouri gas blast
The 8th Circuit Court of Appeals has upheld a lower court ruling that a deadly gas line explosion in 2019 in Missouri was not the fault of USIC, the utility line locating service. USIC crews are often seen throughout Oklahoma, marking buried gas and other utility lines. The company was sued following a explosion …
3Q earnings report to be released by Alliance Resource Partners
Tulsa-based Alliance Resource Partners, L.P. will report its third quarter 2021 financial results before the market opens on Monday, October 25, 2021. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day. Alliance reported a strong second quarter in July as its total revenues increased …
Duncan’s NRWA to receive nearly $7 Million to support water infrastructure and workforce improvements in Oklahoma
Headquartered in Duncan, the National Rural Water Association has received two USDA grants totaling nearly $7 million. Congressman Tom Cole announced that both awards come from the Water and Waste Disposal Technical Assistance and Training grant program, which provides funding to qualified non-profits for projects and training to solve water and waste-related issues. The first …
Energy activity accelerated in Federal Reserve Bank’s 10th District
The Federal Reserve Bank of Kansas City says energy activity increased in the third quarter of the year in Oklahoma and other states that make up the bank’s Tenth District. Chad Wilkerson, Oklahoma City Branch executive and economist at the Federal Reserve Bank of Kansas City, stated that the survey revealed that Tenth District …