Thursday produced a volatile trading day for crude oil prices as they finallly closed slightly higher because of more demand worries and a strong dollar. Oklahoma energy stocks closed with moderate losses for most firms. West Texas Intermediate crude finished up 16 cents or 0.2% to close at $79.05 a barrel on the New York …
Tulsa’s AAON, a leader in HVAC manufacturing, announced a milestone achievement in its sustainability journey by activating 432 solar panels on the roof of its Exploration Center and adjacent NAIC lab (Norman Asbjornson Innovation Center). Public Service Company of Oklahoma gave the green light to activate the solar panels that generate about 240kW of solar …
As much as Democratic leaders in New Mexico dislike the oil and gas industry, they just love the amount of revenue it creates for the state. How about $3.5 billion “more” for next year’s budget? Thanks to growing production in the Permian Basin, New Mexico is flooded with revenue. The Albuquerque Journal reports that …
The Oklahoma Department of Environmental Quality is planning its first meeting for the Oklahoma Climate Polluton Reduction Grant program. It will be held Wednesday, August 30 at 1 p.m. at the DEQ headquarters in downtown Oklahoma City, 707 N. Robinson. Information will be presented about the Oklahoma grant from the Environmental Protection Agency, the …
The Oklahoma Energy Resources Board announce dthe appointment of Justin Byrne to its board of directors. Byrne serves as Senior Vice President, General Counsel, and Secretary at Canvas Energy, where he directs the company’s legal and land administration matters and provides commercial and executive leadership. “The OERB sets a national example of the …
The heat wave that has grasped the Southwest and the Midwest this summer finally prompted the Electric Reliability Council of Texas to urge residents to conserve electricity as they attempt to keep cool. ERCOT, the firm that operates the grid for more than 26 million customers on Thursday said it expects a “reserve capacity …
** The richest 10% of U.S. households produce 40% of the country’s greenhouse gas emissions, reports a study that takes into account how people live, travel and make money. ** More than 100 new clean energy, battery and electric vehicle manufacturing facilities and expansions have been announced since the Inflation Reduction Act’s passage a year ago. ** Environmental justice …
Wichita, Kansas City Council members took a firm stand this week against a proposed rate hike by the state’s major utility, Evergy. A resolution opposing the rate hike was read Tuesday by Mayor Brandon Whipple as he detailed how the increase in electricity rates would strain the city, its residents and businesses. The Kansas …
Crude oil prices and Oklahoma energy stocks fell on Wednesday. Crude dropped 1% due to a build in U.S. gasoline stocks and weak manufacturing data globally. West Texas Intermediate crude dropped 75 cents or 0.9% to $78.89 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude fell 82 cents or 0.98% to …
Extreme gas prices and skyrocketing inflation. It’s why Oklahoma congresswoman Stephanie Bice states bluntly, “Bidenomics isn’t working.” In her weekly column, the Republican Representative said because of how poorly the economy is performing under President Biden, it’s critcal for Senate Democrats and the President to act on the House-approved “Lower the Energy Costs Act.” …