PEMA Professional Energy Marketers Association

    Williams Cos. in Tulsa is continuing its historic run of dividends paid to shareholders since 1974. The company’s board of directors announced this week it approved a regular dividend of $0.4750 per share, or $1.90 annualized, on the company’s common stock, payable on March 25, 2024, to holders …

China’s ailing property sector fueled demand worries in Monday’s trading and as a result, crude oil prices fell more than a dollar a barrel. Oklahoma energy stocks were left mixed but a few firms dropped 5% to 7% in trading. Traders reported took another view of the supply risk premium …

    Ever since President Obama launched his war on coal, the nation expected coal companies to begin dying. Such is not the case for Tulsa-based Alliance Resource Partners, one of the largest Eastern US coal operators which reported this week record full-year 2023 total revenues of $2.6 billion. Released …

  Is China really influencing U.S. energy and environmental policies? And if the communist country is, how so? It’s what Oklahoma Congressman Frank Lucas and other leaders of the House Energy and Commerce Committee want to explore. Lucas, along with Reps. Cathy McMorris (WA) who chairs the House Energy and …

    Heading into the past weekend, Oklahoma gasoline prices had risen six cents from the previous week to an average of $2.66 a gallon according to AAA Oklahoma. Oklahoma City prices were up nearly a dime from a prior week. The national average had risen a penny to $3.10 …

    AEP, the parent company of Public Service Company of Oklahoma recently laid off 270 workers in an 11-state region. It’s not believed many might have been let go in Oklahoma, according to the Oklahoma Office of Workforce Development. WCMH TV news in Ohio reported the majority of the …

  The most recent rig count from Baker Hughes showed Oklahoma’s activity held steady in the past week and the nationwide numbers increased by one to reach 621 active oil and gas rigs. The figures, released Friday, indicated Oklahoma was unchanged with 42 active rigs, still far below the count …

  Those opposed to the growing effort of the state’s major utilities to get the legislature to adopt a Performance Based Rates law might say the Chicksaw Tribal Utility Authority just added fuel to the fire. The Authority came out in support of the PBR issue, claiming it promotes “stability …

  Barclays bank is the latest firm to be slapped with a ban because of its ESG policies that reportedly discriminate against the oil and gas industry. Texas took the action on Friday as Attorney General Ken Paxton explained the bank would not be allowed to underwrite municipal bonds. He …

  Evidence that EVs are a fading fad is “rolling in fast” according to Todd G. Buchholz, former White House director of economic policy under President George W. Bush. Writing in Market Watch, he stated, “it appears that consumers still prefer to drive to a gas station for a five-minute …