The war declared by Israel against Hamas sent crude oil prices up on Monday, but what about the impact on gasoline prices? Some experts believe it will be minimal because Israel is not a major supplier of crude oil. So prices at the pump could continue to fall as they slid 14 cents a …
It’s no secret the Biden administration is anti-oil and gas and a new report confirms how the President’s energy stance has resulted in a record low number of new offshore oil wells in the Gulf of Mexico. With the advent of the war in Israel and the resulting impact on crude oil prices worldwide, …
The price-gouging lawsuit brought by the Kansas Attorney General following the February 2021 Winter Storm Uri, one that eventually led to a similar suit filed by the attorney general in Oklahoma, was thrown out on a technicality. Kansas AG Kris Kobach filed the suit in a County district court then transferred it to a …
An approaching solar eclipse has the attention of the operators of ERCOT, the Texas grid. They’re curious whether the Saturday eclipse might present new challenges such as possible blackouts because of a lack of solar power. One engineering expert suggests that if the eclipse happens on a scorching day when the grid relies heavily …
U.S. crude oil exports in the first half of 2023 averaged 3.99 million barrels per day (b/d), which is a record high for the first half of a year since 2015, when the U.S. ban on most crude oil exports from the United States was repealed. In the first half of 2023, crude …
** Top U.S. oil producer Exxon Mobil’s planned acquisition of the No. 1 Permian shale producer Pioneer Natural Resources could further restrain output growth in the largest U.S. oilfield, squeezing pipeline companies and suppliers, executives and energy advisors said. ** Union workers at Mack Trucks went on strike Monday after voting down a five-year contract agreement …
The murderous attacks by Hamas that led Israel to declare war sparked major gains in crude oil prices on Monday and Oklahoma energy stocks recorded jumps of 5% and 6%. The gains resulted in crude oil to recover from last week’s steep losses where Brent fell about 11% and WTI dropped 8%. Prices rose on …
When crude oil prices dropped nearly $12 a barrel, naturally that drew the attention of Scott Mitchell and Jerry Bohnen on their latest podcast of Mitchell Talks Energy With Jerry Bohnen. Why not? It’s a hot topic in the oil and gas industry.
A young man who grew up in New York City has started an oil historical tour in Tulsa where he now makes his home. Tulsa Tours was founded by Jeffrey Tannehaus and it brings into focus the history of the discovery of oil in Tulsa and how it changed the city. “Many energy and …
Yup! It froze in Oklahoma over the weekend. It was also the forecast from State Climatologist Gary McManus who indicated in Monday’s Mesonet update that there is a chance of another freeze soon. Before that occurs, we’ll have a warm week. “Now we go back to the heat of SUMMER Fall before we get …