PEMA Professional Energy Marketers Association
New rules took effect Jan. 1 under the Biden administration, reducing the number of electric vehicle models eligible for consumer tax credits up to $7,500. The number of such vehicles fell from about two dozen to 13 based on narrower criteria according to federal information from fueleconomy.gov. EVs that …
Read More »Investors conferences to include Helmerich and Payne leaders
Helmerich & Payne leaders will be busy this week attending two investor conferences. The company’s Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences …
Read More »Rig activity holds in Oklahoma and grows nationally
As Oklahoma held steady in its oilfield rig activity in the past week, the nation saw a small gain, reaching 622 active oil and gas rigs reported Baker Hughes Co. The weekly report showed a national gain of two rigs. The gain of two oil rigs pushed the total …
Read More »Heat watch results being studied in OKC
Data from the Heat Watch 2023 in Oklahoma City is still being analyzed months after volunteers using heat sensors drove around the city mapping out the hot spots. The federally-funded program was conducted in August and the Oklahoman reported this week the information is being studied by the National …
Read More »Crude oil took a 3% tumble in Thursday’s trading
Crude oil prices dropped 3% in Thursday’s trading and Oklahoma energy stocks suffered the same fate, this as more shipping companies indicated they will return to using the Red Sea route. Word of their plans eased concerns about supply disruptions in the Middle East. West Texas Intermediate crude fell $2.34 …
Read More »Offering of completions and permits to drill
We apologize for the issues experienced with our daily well completions and permits to drill. It has been challenging to say the least and the issue has yet to be resolved. However, this is an offering of a basic search of records, based on initial reports on file with …
Read More »Lincoln Electric expands to Bartlesville
The sale of a former Siemens building in Bartlesville means the city will get 100 new full-time jobs offered by a New Jersey electric welding company that is expanding operations to northeast Oklahoma. Lincoln Electric Company, based in Union City, New Jersey and with headquarters in Cleveland, Ohio, reached …
Read More »Oklahoma takes a look at a pay-per-mile driven road tax
Oklahoma might be considering switching to a Pay per Mile program as a means to finance road improvements, rather than relying on a gasoline tax. It’s the recommendation of a task force which issued a report released Wednesday, according to the Tulsa World. The report indicated such a program could start …
Read More »Actor Pierce Brosnan in hot water for violating Yellowstone National Park rules
Add Hollywood actor Pierce Brosnan to the growing list of what some call “tourons,”—tourists who visit Yellowstone National Park and do something they should not be doing. It’s a combination of the two words “Tourists” and “morons.” According to the Cowboy State Daily, the Irish actor known for his …
Read More »Testifying to Congress highlights one energy leader’s 2023 efforts
Looking back on energy issues that happened in 2023, one was the testimony offered to Congress by Lucas Gjovig, CEO of GO Wireline who is also a member of the Oklahoma Workforce Advisory board. He testifed in March before the U.S. House of Representatives Small Business Committee’s Subcommittee on …
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