The Oklahoma House of Representatives is preparing to hold hearings on budget requests of state agencies including those focused on environmental and energy issues. The House Appropriation & Budget subcommittees will hold the hearings before the start of the legislative session in February 2024. The various state agencies, boards and commissions that receive state funding …
A new government report indicates oil production in the Anadarko basin, which includes much of Oklahoma, will shrink from December to January. The Energy Information Administration reported production of crude oil in December averages 392,000 barrels a day but in January, it is expected to decline to 389,000 barrels a day. Natural gas production …
New Mexico, the state where green-minded leaders castigate the oil and gas industry but love to spend the record revenue it brings, now are reported to worry about how the increased oil production is making the industry more powerful politically. Oil and gas production not only pushed state revenue to a record $12.7 billion …
Oklahoma oil and gas companies with heavy commitments to operations in North Dakota are likely to be paying attention to a growing flap between North Dakota and neighboring state of Minnesota. Here’s what the flap is about. Earlier this year, Minnesota’s legislature adopted a law that requires the state’s utility provideers to transition to …
BlackRock Inc., the investment firm put on a black list by Oklahoma for its ESG strategy and policies is in more trouble over the controversial use of disciminating against oil and gas. Now the company has been sued by the state of Tennessee for allegedly breaching consumer protection laws by making “misleading” statements about …
** Nikola Corp. founder and former Chief Executive Officer Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric-truck maker’s progress. He was sentenced by a Manhattan judge. ** Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, …
The Red Sea attacks by Yemini Houthi on martime ships resulted in a pause on BP shipments of oil, resulting in a gain in crude oil prices Monday. At the same time, most Oklahoma energy stocks also saw increases in the value of their shares. What resulted was a gain of $1.04 or 1.46% to …
(Stephen Pingry, Tulsa World Archive)il Print Copy article link Save The Oklahoma Commerce Department recently awarded $22 million to American Airlines in Tulsa where 300 jobs will be added to the major aircraft center. “We graciously thank Gov. (Kevin) Stitt, Lt. Gov. (Matt) Pinnell and the state of Oklahoma Department of Commerce for recognizing the …
If Oklahoma Climatologist Gary McManus is correct, there is a remote chance of a White Christmas for parts of Oklahoma…mostly in the northwest. In his Monday prognostication, he explained chances will increase because of the latest storm slipping down from the north. “It is a lovely southern track storm though, ain’t it? It’ll pound California …
Volunteers from several Oklahoma Electric cooperatives as well as others in Colorado and Arkansas have just returned from a 14-day goodwill mission to bring electricity to farming villages in Guatemala. It was in the mountainous region of Alta Verapaz of Guatelama where people got electricity for the first time. The volunteers took part in …