PEMA Professional Energy Marketers Association

    The Oklahoma Corporation Commission took action on Saturday regarding oil and gas operations that may have played a role in the Friday earthquake that measure 5.1 magnitude and was felt in four other states. The epicenter was several miles northwest of Prague and at a depth of about …

  Bob Jackman, an independent geologist and close follower of water and how it can help Oklahoma and also hurt the state believes the 84-year old levee system developed to protect the city of Tulsa is “worthless.” In an opinion piece for the Tulsa World, Jackman pointed out how the …

  While renewable energy fans raved about how wind and solar farms produced electricity during the recent frigid weather that hit Texas, it was still coal and natural gas that remained strong fuels for the electricity to keep homes warm—-and from the state’s energy grid doing a repeat of the …

  About 250 steel workers laid off last month at the Evraz Rocky Mountain Steel Mill in Pueblo, Colorado are expected back on the job in a few weeks. Eric Ludwig, president of the United Steelworkers Local 2012, told the Pueblo Chieftain explained they were temporary layoffs and all let …

  Oklahoma’s tax revenue for January rose nearly 8%, but State Treasurer Todd Russ says unfortunately, gross production tax revenue from oil and gas in the state fell more than 12%. All tax sources total $1.51 billion for January, up $107 million, or 7.6 percent, when comparing to January of …

  Yes, gasoline prices are edging back up. AAA Oklahoma reported going into the weekend how prices rose in the state and across the country. The national average for a gallon of gas rose by a nickel since last week to $3.15. The upward trend is likely a combination of …

A rumor of what Reuters called “false market speculation” drove crude oil prices down as much as 2.7% on Thursday. The rumor? One that Israel had agreed to a Gaza ceasefire proposal. When the news could not be confirmed West Texas Intermediate crude futures, considered the U.S. benchmark, dropped $2.03 …

  New Mexico Gov. Michelle Lujan Grisham is taking some of the credit for the EPA’s decision to classify “forever chemicals” as hazardous waste under federal law. The EPA announced two new proposed rules to ensure that certain per-and polyfluoroalkyl substances or PFAS are hazardous waste under federal law. New …

  A city councilman in Oklahoma City has been named to the National League of Cities 2024 Transportation and Infrastructure Services Committee and it means he’ll play a role in development of the organizations policies. The appointment of Ward Councilmember Mark Stonecipher was announced this week. As a member of …

  Oklahoma’s U.S. House members who railed after President Biden created a delay last week on approval of 17 major natural gas projects to create LNG and ship it to Europe, will have a chance in the coming weeks whether to overturn the President’s order. One Republican lawmaker told Bloomberg …