Oklahoma congressman Markwayne Mullin was pretty accurate in his November election prediction about the Democrats and what they intended to do if they won the White House. “If they take over the administration and God help us if they do, the first thing we need to be aware of is the permitting of the …
The fourth quarter earnings by OGE Energy Corp will be released and discussed next month. The company said it will hold a conference call to discuss the quarterly and year-end results on Thursday, Feb. 25 beginning at 8 a.m. central time. The company reported a loss in the third quarter as it, like …
Permian driller Ring Energy has decided it no longer wants to be headquartered in Midland, Texas. It’s moving the corporate headquarters to Houston and also closing an office located in Tulsa, Oklahoma. The move was actually effective on Jan. 19 when the company operations were based out of The Woodlands, Texas, a suburb of …
After Utah tribe expressed anger over President Biden’s announced 60-day freeze on drilling permits and leases on federal lands, the government decided the freeze didn’t apply to tribes. The Department of Interior came out this week with an announcement that Native American tribes are exempt from the temporary suspension reported Reuters. Click here for …
Investors saw a bounce-back of crude oil futures in trading on Monday. But most Oklahoma energy stocks weren’t so fortunate. West Texas Intermediate crude, considered the benchmark U.S. crude oil, rose 50 cents to $56.77 a barrels for March delivery. Brent crude, the global benchmark, rose 47 cents for March delivery at $55.88 a …
Crude oil futures for March rose on Monday as information was released showing increased crude oil inventories at the Cushing storage hub in Oklahoma. They are more than 80% of the hub’s storage capabilities. Reports indicate the levels are close to those of April 2020 when the inability of investors to store their oil led …
The growth of electric vehicles in Fayetteville, Arkansas prompted the city to adopt standards for EV charging stations. The city council in the northwest Arkansas city approved regulations focused on levels of electricity, and online access reported the Arkansas Democrat Gazette. Click here for the Arkansas Democrat Gazette story.
Texas-based Terra Energy Partners LLC reportedly intends to get out of gas drilling efforts in a Northwest Colorado town. The company intends to abandon its permits for wells in Battlement Mesa, a small town in Garfield County located between Grand Junction and Glenwood Springs. The Western Colorado Alliance announced the intentions of Terra Energy …
Upset with the EPA’s approval of three waivers of biofuels mandates, the Renewable Fuels Association obtained a federal court order to put the waivers on hold. The order was issued by the U.S. Court of Appeals for the D.C. Circuit and came after the RFA filed an emergency motion to the EPA’s approval that …
The Biden administration is expected to extend the 60-day freeze it announced last week of leases and permits for oil and gas drilling and coal mining on federal lands. POLITICO reported the moratorium could last up to one year for oil and gas and three years for coal. The Capitol Hill news website based …