The U.S. Senate’s confirmation of three new members to the 5-member Federal Energy Regulatory Commission saw split votes by Sens. James Lankford and Markwayne Mullin. The lone Republican, Lindsay See, the Solicitor General of West Virginia, was confirmed on a vote of 83-12 and Sens. Lankford and Mullin supported her. As Solicitor, she managed …
Senators try to block Biden administration’s new power plant rules
Oklahoma U.S. Sens. James Lankford and Markwayne Mullin were among those who stepped up to the plate in fighting the Biden administration’s new EPA regulations intended to shut down American power plants. They filed a Congressional Review Act joint resolution of disapproval. The resolution comes after the Environmental Protection Agency (EPA) issued its …
Mammoth Energy’s shareholder meeting results
Results of Mammoth Energy Services, Inc.’s recent annual meeting of stockholders were revealed Friday in a filing with the SEC. The meeting was held two days earlier in Oklahoma City and four proposals were decided. Arthur Amron, Corey Booker, Paul Jacobi, James Palm, Arthur Smith and Arty Straehla were elected to continue to serve as …
Despite weak Friday, crude oil made a week high gain
Friday saw crude oil prices settle lower but still recording a gain for the week. What prompted the drop? Observers suggested it was in reaction to a survey showing deteriorating U.S. consumer sentiment. Still, for the week, crude oil prices finished 4% higher. It was their highest weekly gain since April. West Texas Intermediate crude …
Slight boost in crude oil prices while OK energy stocks finished down in Thursday’s trading
Crude oil prices made a slight gain in Thursday’s trading but Oklahoma energy stocks suffered with some firms losing 6% and 7% for the day. What prompted the small gain for crude oil was an OPEC forecast for demand growth along with information showing an easing of the labor market in the U.S. Combine that …
OKC Baker Hughes to get federal funding for hydrogen research project
Baker Hughes in Oklahoma City and its research into hydrogen technology that converts waste to clean energy has been named one of six projects to receive approximately $9.3 million in funding from the U.S. Department of Energy. The DOE’s Office of Fossil Energy and Carbon Management announced the federal funding to develop cutting-edge technology …
Declining air conditions prompt Ozone Alert in OKC and Tulsa
Not only have temperatures risen in Oklahoma this week, but another ozone alert has been issued for Friday in Oklahoma City and Tulsa because of the poor air conditions. The Oklahoma Department of Environmental Quality issued the “Ozone Alert Day” on Thursday. It is a prediction that concentrations of ozone will approach levels …
Williams Cos. executive warns Senators of coming demand for electric grid power
The Williams Company in Tulsa is alerting U.S. Senators that natural gas will be critical for any expansion of the nation’s electric power grids and the country cannot rely alone on renewable energy. Wind and solar can’t do it alone. Writing to Sen. Joe Manchin, chairman of the Senate Energy and Natural Resources committee, …
Is Venezuela’s oil industry doomed to failure?
Remember when Venezuela’s oil industry was considered a threat to production in Oklahoma, Texas and New Mexico? No more and world social and political observer Peter Zeihan says the only thing keeping the country afloat is the partial lifting of sanctions by the Biden administration. Even so, in one of his latest commentaries, he …
Summer temperatures and electricity rates go up together
We’ve reported several times how groups believe electricity prices will increase this summer and now the Biden administration’s own Energy Information Administration is making the same prediction. “This summer—June through August—we expect that residential customers’ monthly electricity bills will average $173 in the United States, slightly higher than last summer’s average of $168,” stated the …








