Not only did crude oil prices fall more than 4% in Tuesday’s trading after the long Memorial Day Holiday weekend, but Oklahoma energy stocks fell as much. Growing doubts whether Congress will pass the U.S. debt ceiling package were one of the causes while there were concerns over messages from major producers regarding the …
Count Oklahoma Congressman Josh Brecheen among the hard-right Republicans who are in open revolt over Speaker Kevin McCarthy’s deal with President Biden to raise the government debt ceiling and set federal spending limits. It’s a deal that included approval of the long-delayed $6.6 billion Mountain Valley natural gas pipeline in West Virginia. But if …
A report by the Kansas Reflector indicated U.S. Sen. Jerry Moran is not happy with the state’s performance of its existing broadband system. Kansas was ranked last on average internet download speed in a report by Broadbandnow Research. At least Kansas was ranked 30 best overall out of the states. Oklahoma might have a …
The unofficial start to summer has arrived ― the season for backyard barbecues, road trips, ball games and basking in the sun. But AAA Oklahoma reminds that the period between Memorial Day and Labor Day is also a season of increased risk on the roadways, making those summer days the 100 Deadliest Days of the year. …
Oklahoma U.S. Sen. Markwayne Mullin is making his repeated case that the nation is suffering from President Biden’s rush to green energy policies and the climate hysteria of Democrats is getting ahead of operational reality. In his latest opinion piece, entitled “Sounding the alarm on grid reliability, again,” the Republican Senator said the Biden …
An examination of the price manipulation lawsuit filed by Kansas Attorney General Kris Kobach against Macquarie Energy over the February 2021 Winter Storm Uri shows Oklahoma had a role in what led to historic natural gas prices. Kobach filed suit against the Houston company, alleging the company intentionally carried out certain gas trade steps …
** A new reactor at a nuclear power plant in Georgia has reached its full power output for the first time and is scheduled to enter commercial operation within the next month. Georgia Power Co. announced Monday that Unit 3 at Plant Vogtle, southeast of Augusta, has reached its full output of 1,100 megawatts of electricity. ** Anti-pipeline activists gear …
A Federal Appeals Court has told the EPA it was wrong to deny Arkansas’s plan to implement the Clean Air Act standards for ozone emissions. The court blocked the EPA”s disapproval in what Attorney General Tim Griffin called a win over regulatory overreach. The order from the 8th U.S. Circuit Court of Appeals was …
ConocoPhillips announced that it is exercising its preemption right to purchase the remaining 50% interest in Surmont from TotalEnergies EP Canada Ltd. for approximately $3 billion (CAD$4 billion), subject to customary adjustments, as well as contingent payments of up to approximately $325 million (CAD$440 million). ConocoPhillips currently holds a 50% interest as operator of …
Governors of Iowa, Nebraska and Missouri are asking the Environmental Protection Agency to give approval of an expansion of the federal requirement for more biodiesel production in the U.S. The three Midwest governors say diesel fuel supplies remain at low levels and farmers and truckers are dealing with “stubbornly high” prices. A year ago, …