PEMA Professional Energy Marketers Association

As crude oil prices gained about 1% in Thursday’s trading, Oklahoma energy stocks were mixed while a few had losses ranging from 5% to 7%. Crude rose after Israel stepped up airstrikes on Gaza’s Rafah and caused concern the fighting might interfere in the movement of crude out of that …

  AARP Oklahoma made it clear this week, it will not stop fighting the rate hikes of utilities in the state. OG&E and PSO can expect a battle before the Oklahoma Corporation Commission. Oklahoma State Director Sean Voskuhl told members during a Thursday Facebook presentation, it’s like a “whack-a-mole” fight. …

  A new report from the Federal Reserve Bank of Kansas City stated that manufaturing activity in the Tenth District which includes Oklahoma fell again in April. Chad Wilkerson, senior vice president at the bank said based on the survey of companies in the region, it appears expectations for future …

  The same week Oklahoma State Auditor Cyndi Byrd released a report that was highly critical of the Office of Management and Enterprise Services, a bill designed to put more restrictions on OMES was passed in the legislature and sent to the Governor. House Bill 3057 is now in the …

  Crypto miners in Arkansas are being targeted by state legislators. The Arkansas Senate voted this week in support of two bills to regulate cryptocurrency mining operations in the state. One measure, SB78, would place noise limits on crypto mines. It would also prohibit them from being owned by foreign …

With no major outbreak in fighting in the Middle East, investors seem less concerned about any impact on the flow of oil out of the region.  As a result, prices fell in Wednesday’s trading. At the same time, crude inventories across the U.S. tumbled and it stopped a further fall …

  The city of Bartlesville struggles with delays on a more than $1 million bridge rehabilitation project after bats and mussels were discovered in the area a few months ago. It was reported in January when divers had to enter the Caney River to verify the existence of mussels which …

  Crude oil inventories across the U.S. and including at the Cushing Hub in Oklahoma fell over the past week. The U.S. stocks, according to to the U.S. Energy Information Administration fell more than 6 million barrels. The fall was from 460 million barrels reported on April 12 to 453.6 …

  Geopolitical strategist Peter Zeihan has been thinking about the development of shale oil and its success in the oil and gas industry in the U.S. He wondered whether it can be duplicated in other countries. In a commentary this week, Zeihan suggested it’s not so easy in other countries….it’s …

  A railroad fight in Tulsa over a butane transloading operation near a USA BMX facility near the city’s downtown has erupted in court. Tulsa sued South Kansas and Oklahoma Railroad LLC and Centennial Energy LLC and asked a judge to decide the question whether municipal or federal law takes …