As we reported earlier in the week, the public now has an opportunity to offer any tips about alleged market manipulation that occurred during the Winter Storm Uri in 2021. Attorney General Gentner Drummond announced the creation of a “Winter Storm Uri Tipline.” The tipline doesn’t jump out on the Attorney General’s website (oag.ok.gov), …
The sale of electric vehicles in the U.S. haven’t gone over as well as the Biden administration wanted but as a result, the sale of hybrids jumped dramatically in the past year. It shows Americans want a combination of fossil fuel and electric power in their vehicles. A report from Edmunds.com showed that so …
Are we about to see the failure of another green energy company after it received millions of dollars from the Biden administration? It appears so and is happening in northern California where SunPower, a firm dedicated to energy storage and solar power is about to go broke. But only after it received more than …
** Thousands of autoworkers from foreign-owned non-union factories across the Southeast are seeking to organize their workplaces amid the electric vehicle (EV) manufacturing boom. Over the past two weeks, workers at an Indiana Honda plant, an Alabama Hyundai plant and a Tennessee Volkswagen plant complained to federal regulators that management had made illegal moves to prevent them from organizing. ** Oil …
Scott and Jerry discuss more Winter Storm 2021 intrigue and Jerry takes us back to the old days of cheap gas in the 1960’s with a historical presentation on how we got to these current prices.
Wednesday’s trading saw another gain in crude oil prices, largely because of the growing tension in the Red Sea where ships are being attacked by Iran-aligned Houthi forces. As a result, more ships are being rerouted to a longer trip around South Africa. There was also a surprise increase in U.S. crude inventory and larger …
Crude oil stocks rose in the past week both at the Cushing Hub in northern Oklahoma and also across the U.S. and the latest figures could have an impact on crude oil prices. The U.S. Energy Information Administration reported Cushing saw a gain of 1.7 million barrels of oil from Dec. 8 to Dec. …
A new federal government financial reporting requirement takes effect nationally in a few weeks and it’s prompted Oklahoma U.S. Sen. James Lankford and others to ask Treasury Secretary Janet Yellen to delay the implementation. Small business groups complained about the Financial Crimes Enforcement Network rules that will force them to collect and store confidential personal …
Oklahoma regulators will meet Thursday to consider whether to approve a more than $1 million base rate increase for the Arkansas Oklahoma Gas Company affecting its nearly 15,000 customers in Oklahoma. An Oklahoma Corporation Commission Administrative law judge recommended an increase of $1,055,850, down from AOG’s original request of $1,352,783 made in April …
Oil and gas operators in Oklahoma will have to deal with more rule changes proposed by the Oklahoma Corporation Commission and some of its divisions. The Office of General Counsel, Judicial Services, Finance Division, Oil and Gas Conservation Division, Petroleum Storage Tank Division, and Transportation Division are hosting the second technical conference on Thursday, December …