A lack of snow and ice might mean easier winter driving, but for a minerals company that provides salt for winter weather conditions, it can result in a loss of business and money. Compass Minerals, a Kansas City-area provider of essential minerals reported a downturn in its fiscal 2025 first-quarter results and it blamed …
Chesapeake Exploration loses before Wyoming Supreme Court
Oklahoma City-based Chesapeake Exploration LLC has lost a Wyoming Supreme Court fight over a breach of contract involving a production company. The Supreme Court Justices recently upheld a lower court ruling against Chesapeake Exploration after it had been sued by Morton Production Company, LLC and accused of breach of contract, violation of the Wyoming …
Gas prices climb again in Oklahoma
Talk of tariffs by the Trump administration sent gasoline prices upward in the past week including a 6-cent climb in Oklahoma where the new average is $2.74 per gallon, reported AAA. The state average is still lower than the national average of $3.13 which is 4 cents higher than a week ago. Oklahoma’s average …
Energy briefs
** President Donald Trump on Tuesday moved to revert to older standards for light bulbs as well as toilets, showers and other water-using appliances, a day after signing an order promoting plastic straws and rescinding a plan to reduce single-use plastics. ** US oil refiners along the Gulf Coast are snubbing shipments from Mexico and …
Cold weather tips from OGE
With the potential for colder weather, snow and ice this week, OG&E is offering customers tips to stay safe and warm. “Each year, OG&E prepares our power plants by the end of October to ensure continued operation throughout winter and protect our customers from extreme cold and winter weather,” said OG&E Manager of Corporate …
Plunge in 3Q earnings for NGL Energy Partners LP
NGL Energy Partners LP suffered a massive drop in third quarter earnings compared to a year earlier. The Tulsa company released quarterly results this week showing net income for the third quarter of Fiscal 2025 was $14.6 million, far below the $45.8 million reported in the third quarter of Fiscal 2024. Adjusted EBITDA …
Energy Transfer to fuel a data center in a company first
In its first commercial arrangement to supply natural gas directly to a data center, Energy Transfer LP announced that it has entered into a long-term agreement with Denver-based CloudBurst Data Centers, Inc. to provide natural gas to CloudBurst’s flagship AI-focused data center development in Central Texas. The agreement calls for Energy Transfer’s Oasis Pipeline, …
Crude oil made gains despite tariff concerns
Despite concerns over what a global tariff war would do to crude oil prices, they rose on Monday. The gain came after President Donald Trump talked of tariffs on steel and aluminum. He’s talking of a 25% tariff on all steel and aluminum imports into the U.S. and prepared to implement them late Monday. West …
Energy sector loses more jobs, including Oklahoma
A new jobs report by the Energy Workforce & Technology Council suggests Oklahoma lost nearly 1,600 jobs in the energy services sector in the past few months. The decline of the jobs also reflected an overall downward adjustment of more than 7,300 positions compared to December 2024 across the nation. Based on preliminary data from …
Oklahoma joins lawsuit against New York’s climate law
Oklahoma Attorney General Gentner Drummond has a message for New York’s Democratic Gov. Kathy Hochul….he thinks her state’s climate law targeting oil and gas companies is an ” illogical environmental agenda.” As a result, Drummond joined 21 other attorneys general in suing New York over its Climate Superfund Act and its plan to force …