Crude oil prices in the U.S. stayed above $90 a barrel in Friday’s trading and crept closer to $91. Oklahoma energy stocks fell mostly in the losing column. West Texas Intermediate crude, considered the benchmark crude in the U.S. rose 61 cents on Friday and finished at $90.77 a barrel on the New York …
For a second week, the U.S. saw a rebound in the drilling activity nationwide with an increase in the number of active oil and gas rigs, reported Baker Hughes in its weekly report issued on Friday. At the same time, Oklahoma held steady with a count of 39 rigs. But the number of rigs is still …
By Mike Ray Southwest Ledger A famous IT consultant and electric car pioneer will make a fourth ’round-the-world trip in a Tesla EVwhile traveling on tires provided by a young Lawton man and produced by a Lawton manufacturer. Richard Routon, 22, bought the four tires that Rafael de Mestre will be riding on during “80eDays,” …
Oklahoma U.S. Sen. Markwayne Mullin’s intention of targeting California and the EPA for wanting to ban the sale of internal combustion engines is part-way there. The House passed his Preserving Choice in Vehicle Purchases Act and it had bipartisan support in winning approval. The measure could soon come before the full Senate. “We cannot …
In the relaunch of an effort to attract potential internet providers, Oklahoma’s Broadband Office plans to conduct a second round of tour stops in cities and towns across the state. Broadband Office Executive Director Mike Sanders said the tour will begin next month in order to hear from Oklahomans about high-speed internet service expansion. …
Skip to main content Known for his strong environmental activism, Colorado Gov. Jared Polis has signed an executive order banning the use of gasoline powered lawn mowers at state facilities and that includes the State Capitol grounds. Under his order, gas-powered lawn and garden equipment will be phased out and replaced with electric equipment by …
Tulsa-based Unit Corporation will soon get a new Chief Accounting Officer and Controller. The company announced its Board of Directors promoted Dylan Cope to the position effective Oct. 1, 2023. The 37-year old Cope previously served as Business Operations Controller, a position he held since June 2021. He has held other various positions within …
As ONEOK shareholders prepare to vote this week on a nearly $19 billion merger with Magellan Midstream, ONEOK admits in a filing with the Securities and Exchange Commission it received a demand letter from one shareholder who believes the company has not released all relevant information. ONEOK stated that the Demand Letter asserts that …
** California has sued five of the largest oil and gas companies in the world, alleging that they engaged in a “decades-long campaign of deception” about climate change and the risks posed by fossil fuels that has forced the state to spend tens of billions of dollars to address environmental-related damages. ** The Environmental Protection …
When Jennifer Granholm went before a House Committee chaired by Oklahoma Congressman Frank Lucas, to be considered for Energy Secretary, she claimed she did not own any individual stocks. Now she faces an impeachment inquiry led by New York Republican Rep. Claudia Tenney for giving false testimony. Tenney announced her intent during a hearing …