A dollar-a-barrel decline in crude oil prices Monday also took Oklahoma energy stocks down for the ride as some local stocks fell 5% and 6%. Crude oil’s drop came after news of weak economic data from China along with still lingering concerns of another U.S. interest rate hike. West Texas Intermediate crude dropped $1.12 …
Oklahoma U.S. Rep. Tom Cole got straight to the point in explaining why he and other members of the House voted to overturn President Biden who tariffs on foreign solar panel manufacturers. “The United States cannot continue to ignore China’s unfair trade practices and sacrifice American manufacturing jobs on the altar of Green New …
Oklahoma City’s Galvanic Energy isn’t the only firm in the U.S. with plans to extract lithium from brine wells and manufacture the critical mineral needed for production of batteries for millions of electric vehicles. An Australian-based company, Controlled Thermal Resources, is exploring the same kind of project but in California, not southern Arkansas …
For the second time in the past month, the Suncor refinery in Commerce City, Colorado admitted there was a release of elevated levels of sulfur dioxide and hydrogen sulfide into the adjacent neighborhood. It occurred Friday night and state health officials put out a warning over the weekend there emissions might exceed permitted levels …
In honor of Earth Day and through an innovative collaboration with its longtime partner the Arbor Day Foundation, Oklahoma Gas & Electric Company (OG&E) recently donated 250 full-size trees and 900 seedlings to five communities throughout its service area in Oklahoma and western Arkansas. These tree-planting events highlighted the electric company’s commitment to environmental …
Oklahoma U.S. Sen. James Lankford explained his recent vote in favor of Oklahoma heavy truck operators and businesses by voting to stop an EPA emissions rule regarding nitrogen oxide emissions from medium and heavy-duty commercial motor vehicles. “The price of everything is up because of the Biden policies and the dramatic overspending of our …
A new annual report to security holders of SandRidge Energy shows how far the Oklahoma City energy company has fallen over the course of its 17 year history. While SandRidge at one time had contractual obligations to drill more than 480 wells a year, now the firm is lucky to drill a handful of …
Williams announced that its President and Chief Executive Officer Alan Armstrong will host a virtual Q&A session for shareholders on Thursday, May 11, 2023. Williams will partner with Say Technologies to offer a platform to receive and answer questions from verified shareholders ahead of the webcast. Armstrong plans to address a selection of …
Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report During this past winter heating season (Nov 1–Mar 31), the amount of natural gas withdrawn from underground storage in the U.S. South Central storage region was among the least on record, at 239 billion cubic feet (Bcf), according to the U.S. Energy Information Administration’s Weekly Natural Gas …
The leaders of the Osage Nation in northeast Oklahoma have made it clear why they remain opposed to new proposed Bureau of Indian Affairs rules to government the nation’s oil and gas production. Osage Chief Geoffrey Standing Bear argues the BIA should strengthen the tribal mineral councils control over the mineral estate rather than …
