“Being conservative with our budget surplus today—will protect Oklahoma from having to cut core services in the future.” Gov. Kevin Stitt. While much of the coverage of Oklahoma Gov. Kevin Stitt’s first State of the State address focused on education, he also gave a warning to legislators about relying too much on the state’s oil …
Reuters reports that a flotilla loaded with about 7 million barrels of Venezuelan oil has formed in the Gulf of Mexico, some holding cargoes bought ahead of the latest U.S. sanctions on Venezuela and others whose buyers are weighing who to pay, according to traders, shippers and Refinitiv Eikon data. The Trump administration’s move to …
Oklahoma Gov. Kevin Stitt’s state of the state address on Monday received support from the newly-formed OIPA-OKOGA, the group created by the 2018 merger of the Oklahoma Independent Petroleum Association and the Oklahoma Oil and Gas Association. “The governor’s call for clear rules, common-sense regulations, and a competitive tax code will allow our industry and …
With Democrats now in control of the U.S. House, the likelihood of a carbon tax is being pushed more and more. But in 2012, remember what U.S. Sen. Jim Inhofe said about a carbon tax? “A carbon tax will mean consumers will pay more at the pump and more for energy in their homes. An …
Oil prices started Monday by edging up and extending gains from the previous session—in part because of the U.S. sanctions against Venezuela. West Texas Intermediate futures started at $55.38 per barrel, up 12 cents or 0.2 percent from the last settlement. WTI ended up 2.73 percent in the last session at its highest close since …
The Trump administration has decided to fight Montana U.S District Court Judge Brian Morris’s ruling that blocked a construction permit for the Keystone XL oil pipeline. Attorneys for the Justice Department filed an appeal on Friday to the ruling made in November. Judge Morris issued his ruling after environmentalists challenged the permit for the 1,184-mile …
Last week’s cold weather might have played a role in an increased demand in gasoline in the U.S. as Oklahoma’s average price went up a penny a gallon to $1.94 per gallon. AAA Oklahoma reports the national average remained at $2.26 per gallon. The highest prices in Oklahoma were in the northwest where Taloga and …
Oklahoma Congressman Markwayne Mullin will have a front-row seat this week as Democrats in the House Energy and Commerce Committee hold their first hearing on global warming. Rep. Mullin, a Republican from the 2nd district in eastern Oklahoma will be in the minority but will have an opportunity to question those who might testify. It …
Oklahoma Congressman Frank Lucas might find some support for Oklahoma’s oil and gas industry when he sits on the House Science, Space and Technology Committee. It would come none other than from Pennsylvania Democratic Rep. Connor Lamb who recently was named chairman of the Committee’s Subcommittee on Energy. “In my district, energy means family-supporting jobs …
A funding opportunity for public building and public space external and internal lighting energy efficiency is now available through the Oklahoma Department of Commerce. Oklahoma state agencies and local governments who are interested in funding for external and or internal lighting energy efficiency installation that will reduce utility cost for public buildings and/or public …