Not only did crude oil prices rebound more than 1% on Thursday, but nearly every Oklahoma energy stock gained too and 5% and 6% jumps were common. The reason for the oil jump was U.S. retail data prompted a sell-off in the dollar. Plus, investors took stock in the International …

  Airports in Tulsa and Stillwater are among those nationally that are receiving nearly $1 billion from the Biden administration to upgrade terminal facilities. Transportation Secretary Pete Buttigieg announced the $970 million in grants Thursday for 144 airports in 44 states and three territories. The Tulsa International Airport will receive a …

  A $100 million bitcoin mining facility is going up in eastern Oklahoma. The 200 MW project at the Port of Muskogee Industrial Park is an operational data center to be built by Polaris Technologies, Inc. The firm called it “Project Bifrost” and described it as “One of the Biggest …

  President Biden faces even more pressure from a growing number of groups to overturn his freeze on LNG ports and shipments. Among the latest–the Energy Workforce & Technology Council, the IPAA, the US Oil and Gas Association, Western Energy Alliance, the National Stripper Well Association, the Texas Alliance of …

  A more than 12-million barrel jump in U.S. crude inventories sent crude oil prices plunging on Wednesday and crude stocks at the Cushing Hub in Oklahoma added to the surprising surge. U.S. inventories rose to 439.5 million barrels last week according to the U.S. Energy Information Administration. Analysts had …

  Growing U.S. oil inventories sent crude oil prices sliding by a dollar a barrel in Wednesday’s trading. Investors fear the growing crude inventory could result in less demand for oil in the nation. West Texas Intermediate, the US benchmark, dropped $1.23 or 1.6% to settle at $76.64 a barrel …

  What a quarter for Williams Cos. Sixty-percent increase in net income, 5% gain in adjusted net income, 24% increase in cash flow and an increased dividend. Results for the quarter that ended Dec. 31, 2023 were released early Wednesday showing net income of $3.273 billion or $2.68 per share, …

  Could President Biden’s freeze on permits for US LNG export terminals harm the environment rather than help it as he and his environmental supporters claim? Williams Companies CEO Alan Armstrong thinks so and here’s how—it could bring about more coal use overseas. That’s what he told Reuters this week, …

  A few things resulted in gains on Tuesday in crude oil prices—the Middle East conflict, the war in Ukraine and the U.S. Fed is waiting longer to cut rates as inflation stays elevated. But Oklahoma energy stocks went the opposite direction—down. As a result, West Texas Intermediate crude rose …

  Kansas Attorney General Kris Kobach wants to bar foreign nationals from owning 10 acres or more of land in his state, but he’s run into some power opponents…namely the Kansas Farm Bureau, Livestock Association, Agribusiness Retailers Association, Corn Growing Association and Soybean Association. Kobach came up with Senate Bill …