North Dakota leaders are considering a move to turn off the oil spigot as the state and the rest of the U.S. face the likelihood of low oil prices for the coming months, something it did five years ago. Faced with declining demand and potentially months of oil prices below most Bakken breakeven prices, …
While West Texas Intermediate crude prices hover in the lower $20 barrel range, observers wonder what will be the next move by Saudi Arabia and Russia. Both are suffering as well as their anticipated flood of oil on the world market might have backfired. The two countries are reporting the dramatic drop in the value …
The state of New Mexico might soon see a special legislative session to deal with the impact of not only the coronavirus but the oil and gas price war caused by Saudi Arabia and Russia. New Mexico Gov. Michelle Lujan Grisham was notified by legislative leaders by letter last week that they want a …
** Correction: The David Holt who is head of the Consumer Energy Alliance who wrote about banning efforts of cities and and towns from prohibiting natural gas use is not the mayor of Oklahoma City as we reported earlier this week. Our apologies. ** Ohio regulators prohibit competitive gas and electricity supply companies from selling services door-to-door during …
Consumer group leader David Holt has come out this week in support of a bill in the legislature to ban any attempts by local governments from banning the use of natural gas in homes and businesses—moves which have been made in California and a few other states. Holt is head of the Consumer Energy …
Oklahoma Corporation Commissioners made the move to shut down their office building this week after an employee reportedly became ill due to the coronavirus, a move that also affects a handful of other state agencies that use the building. Located at 2101 North Lincoln Boulevard in Oklahoma City, the building was closed late Friday as …
Like dominoes falling on a table, oil and gas industry jobs are tumbling—victims of the oil glut caused by Russia and Saudi Arabia and the government’s clampdown due to the coronavirus. Oilfield pipe manufacturer Tenaris announced it has started laying off 900 workers at plants in Pennsylvania, Ohio, Texas and Arkansas because the combination of …
Jobless rates for most counties in Oklahoma were down in January according to a state agency. But that was January, This is March when the state and the rest of the U.S. are in the middle of the coronavirus pandemic….meaning jobless rates from two months ago are likely to be thrown out the window as …
Oklahoma U.S. Sen. Jim Inhofe responded to reports that he was one for four Senators who made huge stock sales after a Senate Intelligence Committee briefing about the coronavirus by saying it was not true. “The New York Times allegations are completely baseless and 100 percent false. I was not at the briefing on January …
At last word, Tulsa’s Williams Cos. still planned to hold its 2020 annual meeting of stockholders on April 28 despite the coronavirus pandemic. A proxy statement filed this week with the Securities Exchange Commission stated the meeting will be held at the Williams Resource Center Theater, One Williams Center in Tulsa at 2 p.m. There …
