Earthquakes have been recorded throughout Oklahoma in the past few days with at least seven occurring in less than 24 hours. But nearly 20 were recorded since the weekend. The strongest measured 2.5 in Pittsburg County on Monday, March 23 and 2.6 in Dewey County, according to the Oklahoma Geological Society. Close to 20 …
Super cheap gasoline in Oklahoma—$1.03 at one OKC site
Gasoline prices in Oklahoma are down to a statewide average of $1.70 while nationally, 29 states have averages under $2 a gallon. One Oklahoma City station is pumping gas for $1.03 a gallon. AAA Oklahoma reports the U.S. average is now $2.11 while the Oklahoma average of $1.70 compares to $1.90 a week ago and …
Ransomware hackers threaten Missouri power provider
Ransomware hackers have struck not only a healthcare provider associated with the British government but also a vendor supplying an Ameren Missouri power plant. One report suggested that the hackers stole two decades worth of files from the vendor whose business list includes Ameren Corp. which is Missouri’s largest utility. Although no data related …
Congressman Cole rips Pelosi over “left wing”coronavirus bill attempts
Those renewable energy add-ons by the Democrats in the latest coronavirus relief measure on Capitol Hill angered Oklahoma Rep. Tom Cole who accused Speaker Nancy Pelosi of using the crisis to advance a far-left ideological agenda. In a statement, the Republican congressman said the 1,100-page partisan, left-wing bill has “nothing to do with the spreading …
Remote work rules advised by Oklahoma Corporation Commission
Oklahoma regulators have launched efforts to do their legal business by remote means, such as Internet. The Corporation Commission released steps to be taken by those energy firms and others who need to do filings and other work at the now-closed Jim Thorpe building in Oklahoma City and the commission’s offices in Tulsa. Ways to …
Government moves ahead with BLM auctions in 4 states
The federal government’s ignoring calls for oil and gas lease sales in four Western states to be delayed because of the drastic drop in energy prices. Instead, the Bureau of Land Management is going ahead with the sales beginning this week and is offering more than 210,000 acres for leasing. The Bureau of Land Management …
Oil prices suffer in low $20s—so do energy firms
Oil prices rebounded ever so slightly in Monday’s trading while energy companies saw their stocks continue to lose value. West Texas Intermediate crude closed 73 cents higher at $23.36 a barrel, a change of 3.23%. Brent Crude in London was up 53 cents and closed at $27.51 a barrel, a change of 1.96%. Natural …
Helmerich and Payne re-evaluates capital expenditures
Tulsa’s Helmerich and Payne, Inc. is feeling the pinch of not only the oil price war but the coronavirus and as a result, the company says it’s reconsidering its capex for the rest of the year. It didn’t announce any specific cut in spending, but indicated it will be reviewing its capital status. The …
Republican Senators fuming over green efforts of Dems in delaying stimulus package
Renewable energy—it’s the apparent holdup as the U.S. Senate, under Republican leadership attempts to approve a stimulus package meant to overcome the economic bashing caused by the spread of the coronavirus. At least 18 Democratic Senators sent a letter to Senate leadership asking them to include renewable energy in the package. One of the …
Texas regulators consider curtailing oil production
Texas regulators are under growing pressure to curtail oil production for the first time since the 1970s but the head of the Texas Railroad Commission isn’t so sure about such a move. “I am very concerned about the impact the international oil market instability has on the Texas economy, state budget, and the hundreds of …