PEMA Professional Energy Marketers Association
An oil and gas industry group in Wyoming is giving serious thought to heading to court to fight the Biden administration over its early-April rule that will make it more difficult for some oil and gas firms from bidding for energy leases on public lands. Here’s why the consideration …
Read More »Brace for cooler weather in Oklahoma
Cooler weather is on its way to Oklahoma and the weekend might even push temperatures in the Panhandle to near freezing levels. But Gary McManus, State Climatologist with the Oklahoma Mesonet and Oklahoma Climatological Survey says it should be no surprise because the average last freeze date in the …
Read More »Crude oil prices experience mild drop as world waits for Israel’s response to Iran’s weekend attack
Crude oil prices remained mostly flat in Tuesday’s trading as investors carefully eyed what might happen next following Iran’s attack on Israel over the weekend. West Texas Intermediate crude for May delivery finished 5 cents lower or 0.06% at $85.36 per barrel on the New York Mercantile Exchange. Global benchmark …
Read More »Mooreland firefighter still hospitalized after early April wildfire in northwest Oklahoma
A volunteer firefighter badly burned in an April 6 wildfire near Sharon in northwest Oklahoma remains hospitalized in Oklahoma City’s Integris Baptist Burn Center. The Enid News and Eagle reports Jared Brittain, a firefighter for the Mooreland fire department is undergoing care for his burns. He and another …
Read More »Senator Mullin presses Air Force Secretary over delays of new AWACS for Tinker Air Force Base
Just days after he and Senate Armed Services Committee chairman Sen. Jack Reed of Rhode Island toured Tinker Air Force base, Oklahoma U.S. Sen. Markwayne Mullin pressured Air Force leaders about the status of delivery of new AWACS E-7 aircraft to replace the aging E-3 planes. It came …
Read More »Dozens of Texas cities have reported high levels of ‘forever chemicals’ in their drinking water
While Oklahoma City announced this week its testing of drinking water showed no major levels of the existence of forever chemicals, it’s a different story for 49 towns and cities in Texas. The Texas Tribune reports those 49 communities reported surpassing the EPA’s first-ever limits for five “forever …
Read More »OGE honors its linemen during National Lineman Appreciation Day
Thursday is National Lineman Appreciation Day and the 300 lineworkers at Oklahoma Gas and Electric are being honored for their work in servicing power lines across Oklahoma and Arkansas. In announcing its observation of the day, OG&E stated that oftentimes, crews repair power lines damaged by severe weather, leaving …
Read More »Oklahoma reports drop in gross production tax revenue from oil and gas
Oklahoma Treasurer Todd Russ reported the state’s revenue from its gross production tax on oil and gas continues to show a lower trend. Figures released in his March 2024 Economic report showed a more than 12% drop in oil and gas gross production tax revenue from February to March. …
Read More »Failed Iranian missile strikes on Israel resulted in lower oil prices—not higher
Instead of spiking Monday as some thought might occur because Iran’s weekend attack on Israel, crude oil prices fell lower, largely because the attack was a dismal failure and speculators believe there won’t be a major disruption of the flow of oil to markets. West Texas Intermediate crude …
Read More »Mullin hosts Senate Armed Services Committee chair during tour of Oklahoma military installations
Over the weekend, U.S. Senator Markwayne Mullin (R-OK), a member of the Senate Armed Services Committee (SASC), hosted U.S. Senator Jack Reed (D-RI), the Chairman of the Senate Armed Services Committee, on numerous Oklahoma military installations to better understand current needs and future readiness of the installations and their units. On Friday, …
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