Oil futures suffered from a second consecutive weekly decline on Friday, pressured by worries over the outlook for demand and a climb in U.S. crude supplies. West Texas Intermediate crude for October delivery edged up by 3 cents, or 0.08%, to settle at $37.33 a barrel on the New York Mercantile Exchange, with prices logging …
Oklahoma’s Department of Transportation has been awarded a $22 million U.S. Department of Transportation grant to make improvements to a two-lane Bridgeport Bridge on US 281 and Route 66 in Caddo and Canadian Counties. Rep. Frank Lucas said the BUILD Grant will help reconstruct the historic bridge. “The investment made by the U.S. Department …
Houston-based Ovintiv Mid-Continent Inc. is one of the first producers to report some of the first major producing oil wells in Oklahoma in months as it completed two groups of family wells in Kingfisher County. The company’s 5 wells were completed at the outset of the COVID-19 pandemic which has resulted in a near …
Stillwater, Oklahoma won’t be losing service by American Airlines after all. The airline has hanged its mind about suspending air service beginning in October. News 9 reports Stillwater will not be one of 15 regional airports across the nation where American would suspend service. According to American, the decision was based on low advanced …
Stacked upright like power poles, the number of oil and gas drilling rigs in storage far exceeds those in use in the U.S. oil and gas plays. And the numbers saw little change in the past week. Oklahoma’s oil and gas rig count increased by one to reach 12 active rigs over the past …
Editorial writers at the Albuquerque Journal don’t appear to be so eager to jump headfirst into an energy plan under an administration of Joe Biden, the Democrat presidential nominee. The newspaper’s editorial board also recently raised some tough questions about New Mexico’s own leaders when it comes to oil and gas. After all, New …
Utilities in Colorado have been sending out shutoff notices following the end of the $600 federal unemployment benefit and a statewide eviction moratorium. Energy Outreach Colorado, which works with companies and public agencies to keep people’s power on, is seeing a spike in requests for help reported the Denver Post. Most utilities in Colorado suspended …
** St. Louis-area civic leaders call on Ameren to retire its coal fleet by 2030, up to 15 years earlier than planned, in a rare public criticism of the utility. ** The USDA issues $1.3 million in grants to rural Minnesota farmers and businesses to install renewable energy and efficiency projects. ** Kansas City utility Evergy will be closely watched by regulators and activist …
** Enbridge will fully resume operation of a Michigan Great Lakes oil pipeline after a partial shutdown this summer because of damage to a support structure. Circuit Judge James Jamo signed an order allowing the Canadian company to restore the flow through one of its Line 5 pipes beneath the Straits of Mackinac, which connects Lake Huron …
Oil prices posted a loss on Thursday after U.S. government data revealed a weekly climb in U.S. crude inventories, on the heels of six consecutive weeks of declines, raising expectations of an oversupplied market as uncertainty continues to surround the outlook for demand. On Thursday, West Texas Intermediate crude for October delivery on the New …