Not just Oklahoma motorists are facing growing gasoline prices but across the rest of the U.S. too. Auto club AAA reports the national average over the weekend was $2.21 per gallon for regular unleaded, up 5 cents from a week ago and a dime more than one month earlier. In Oklahoma, the average reached …
Recent increased crude oil prices might offer a glimmer of hope for some energy companies hoping to avoid bankruptcy. Ever since the COVID-19 pandemic struck the world, at least three major oil and gas operations in Oklahoma marched to bankruptcy court. Chesapeake Energy’s Chapter 11 filing in June of this year was the largest …
Regulators in Colorado reversed plans this week to force the shutdown of three coal-fired power plants in the state. The Air Quality Control Commission was unanimous in its decision reversing one made last week to require the Craig Station, the Platte River Power Authority’s Rawhide plant and the Ray Nix plant in Colorado Springs …
The U.S. oil and gas rig numbers increased by 8 in the past week to reach 346 according to the latest report from Baker Hughes Co. Oklahoma’s count remained unchanged at 14 rigs, still far below the 51 rigs reported one year ago. Nationally, the increased count included five more oil rigs to reach …
** A British man has been sentenced to two and a half years in prison by a Florida federal judge after he was convicted of attempting to smuggle an engine to Iran. The engine could be used to provide energy Iranian oil fields. ** Exxon Mobil Corporation is expected to invest more than $240 million in the …
Williams says early in-service capacity at some of its new operations including a new line delivering natural gas liquids to a line near Kingfisher, Oklahoma resulted in an earlier-than-expected fourth quarter cash flow for the company. The Tulsa-based company said the early in-service production was for expansion projects designed to serve growing demand for …
Crude oil futures overseas and in the US rose again on Friday with West Texas Intermediate settling above $49 a barrel. WTI managed a gain of 1.53% on a 74 cent increase as shares finished the day at $49.10 a barrel for January delivery in trading on the New York Mercantile Exchange. Global benchmark …
Not a good Christmas present. After much ballyhoo nearly 18 years ago over the opening of a Quad/Graphics plant in Oklahoma City, the Wisconsin-based company announced it is closing the plant in a move that will affect an estimated 400 workers. Ground was broken 18 years ago on the 1 million-square-foot printing facility and …
Oklahoma Congressman Markwayne Mullin will have five new Democrats on the House Energy and Commerce Committee of which he is a member. But he won’t have to deal with the congresswoman known as AOC who wanted to be named to the committee. The House Democratic Steering and Policy Committee has recommended five Democrats be …
The Enid Municipal Authority received approval this week for $205,000,000 in funding from the Oklahoma Water Resources Board, through its contract with the Oklahoma Department of Environmental Quality, to improve the Authority’s water infrastructure. The loan approval is considered historic to OWRB as the broadest scope of project in geographic size and as the single …