Crude continue to lose ground Tuesday as the Energy Information Administration reduces its outlook for oil prices in 2016. March West Texas Intermediate crude fell $1.75 to end trade at $27.94 a barrel on the New York Mercantile Exchange. April Brent c…
Tulsa based WPX Energy is selling its Piceance Subsidiary for $910 million dollars. Terra Energy Partners is buying WPX Energy Rocky Mountain, LLC. They expect the sale to be closed sometime in the second quarter of this year.
As part of the deal, Ter…
In a win for states like Oklahoma challenging the Environmental Protection Agency’s new Clean Power Plan, the U.S. Supreme Court issued a stay Tuesday on those regulations while the lawsuit makes its way through the judicial system. The Clean Power Pla…
While Oklahoma’s average gasoline price has tumbled to $1.41 a gallon, the better question might be if and when prices hit $1 a gallon at some locations. AAA Oklahoma said the prices have fallen for 17 consecutive weeks in the state and the new average…
The battle lines are drawn on one energy bill before the Oklahoma legislature—one that proposes the elimination of tax credits for the wind industry.
Rep. Lee Denney and Sen. Jason Smalley, both Republicans, introduced HB 2818 and it is pendin…
Calling it a “power grab,” U.S. Senator Jim Inhofe also says the President’s budget proposal to increase funding for loans and grants from the U.S. Environmental Protection Agency and removing some from states won’t happen.,
“Don’t worry about i…
Figures show the U.S. had a record year in 2015 when it came to ethanol exports and their byproducts.
The nation finished the year in December with 81.7 million gallons of ethanol shipped out for the month to both emerging and longtime markets, accord…
The U.S. Interior Department is preparing to hold a public meeting later this month in Oklahoma City on a proposed rule targeting the practice of “flaring” or what Interior Secretary Sally Jewell calls the “harmful release of natural gas.”
The m…
A federal judge in Wyoming agreed this week that the former owners of a chemical and environmental analysis company took too long to sue the U.S. Environmental Protection Agency over an armed raid that occurred in 2007. The judge tossed the $40 m…
More evidence that Saudi Arabia is not on board with production cuts sends crude prices lower on Monday. March West Texas Intermediate crude fell by $1.20 to settle at $29.69 a barrel on the New York Mercantile Exchange. April Brent crude lost $1.18 to…
