One Oklahoma legislator thinks it’s time the state lowered the gross production tax on oil and gas. Sen. Dusty Deevers, R-Elgin, issued the following statement regarding Oklahoma energy policy reaffirming his commitment to an Oklahoma First agenda of low energy costs and government efficiency. “Oklahomans have been very clear on their desire for …
Tulsa’s Williams Cos. CEO Alan Armstrong talked this week about the “very large lawsuit” the company brought against Energy Transfer in a fight over pipeline crossings in a Louisiana project. Armstrong, in an interview with Argus, explained how the suit was necessary because of a legal spat between the companies delayed construction of …
ONEOK, Inc. announced the completion of MB-6, a 125,000-barrel per day (bpd) natural gas liquids (NGL) fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline system….projects designed to replace a fractionator lost in a 2022 explosion and fire in northern Oklahoma. The completion of MB-6 increases …
Oklahoma Senate Pro Tem-Elect Lonnie Paxton, R-Tuttle, announced the appointments of chairs and vice chairs of Senate committees for the upcoming Legislative Session including those committee dealing with Oklahoma’s energy industry. “We have put together a strong group of Senators who will collectively help move our state forward,” Pro Tem-Elect Paxton said. “Each individual …
Two new leaders were named this week at Oklahoma’s Department of Transportation. T.J. Dill was named the Department’s chief engineer and Steven Gauthe as state maintenance engineer. Dill will serve alongside Brian Taylor, the current ODOT chief engineer in a co-capacity until Taylor’s retirement this coming summer. In this senior position, he will oversee all statewide …
Oklahoma U.S. Sen. James Lankford, the creator of his Federal Fumbles reports listing frivolous spending by the federal government is a big fan of President-elect Donald Trump’s proposed Department of Government Efficiency. As a co-founder of the Senate DOGE Caucus, he will meet this week with Elon Musk and Vivek Ramaswamy to discuss their …
The formal launching of Oklahoma’s latest broadband expansion project, one totaling nearly $28 million, came this week in Vinita where the state contracted with BOLT Fiber, a subsidiary of Northeast Rural Services, Inc. which is a division of Northeast Oklahoma Electric Cooperative. The $27.7 million involves four projects for high-speed internet expansion. The projects, funded …
A bigger than expected slip in U.S. crude oil stockpiles offered some support to prices Wednesday but they still fell nearly 2% because investors remain anxious to learn whether OPEC+ will continue with production cuts. The drop came one day after Brent made its biggest gain in two weeks, rising by 2.5% reported Reuters. Oklahoma …
The nation’s total of crude oil stocks took a plunge of 5 million barrels in the most reporting period, according to the U.S. Energy Information Administration. The EIA showed the nation’s amount of crude oil from from 428.4 million barrels the week of Nov. 22 to 423.4 million barrels in the most recent …
Oklahoma Corporation Commissioner Bob Anthony is taking issue again for the corporation commission’s one-page so-called “audit” of ONG’s $1.4 billion of 2021 Winter Storm bonds. In a release and filing this week, the Commissioner, whose term will end in mid-January 2025, noted that on the Tuesday before Thanksgiving, OCC’s chair Kim David, sent …