PEMA Professional Energy Marketers Association

Crude oil prices finally made some gains on Friday, increasing by 2% but they still were down overall for the seventh consecutive week, largely because investors are concerned about an oversupply of crude oi. It turned out to be the longest streak of weekly declines in half a decade. West …

  Among more than $8 billion in rail passenger projects announced Friday by the U.S. Department of Transportation’s Federal railroad Administration is a study into possibly extending rail passenger service from Oklahoma City north to Newton, Kansas. The FRA announced it awarded $8.2 billion for 10 passenger rail projects across …

  After being hit with a lawsuit because of the state’s anti-ESG law, Oklahoma Treasurer Todd Russ responded Friday, saying he will continue enforcing the law and improving Oklahoma’s economy and public investments through time-tested strategies. In a statement released by his office, the Treasurer wrote, “Keeping ESG out of …

Crude oil prices dropped Thursday to six-month lows as global benchmark Brent crude fell closer to $70 a barrel rather than $80. Investors are reported to be worried about sluggish energy demand in the US and China, even though output in this country is near record highs. Brent dropped 25 …

  There had to be some irony in John Kerry’s call this week at the COP28 conference in Dubai to shut down every coal-fired power plant in the world. Within a few days after Kerry, the U.S. climate envoy, said that coal plants should no longer be permitted, especially in …

  Oklahoma women in aviation and aerospace will be honored this week by the Oklahoma Department of Aerospace and Aeronautics along with several aviation-afilliated groups. Joining the Department in observing Friday as the special day for women will be the 137th Special Operations Wing of the Oklahoma National Guard, the …

  Oklahoma Natural Gas launched a new gas program this week, one offering renewable natural gas to those customers who want to use it. The RNG program allows customers to buy the renewable natural gas starting at around $3, according to an announcement by ONG. “Renewable natural gas is an innovation …

  What’s happening to the oil and gas industry in Oklahoma has had a natural impact on Oklahoma’s revenue….it’s falling. Witness the latest monthly report from State Treasurer Todd Russ who reported declining revenues from oil and gas production pushed down gross receipts. For the last 12 months, they totaled …

  Drumright’s T&D Fabrication recently finished a two-year project of building a a water treatment plant column that is as big as a rocket. The 189-foot-long absorber column will be shipped to Springfield, Illinois. It was also the largest project the company ever completed, according to News on 6. Known …

  Oklahoma’s delegation in the U.S. House was part of the overwhelming vote Wednesday night to stop the Biden administration’s implementation of an EPA rule to require the manufacture of electric vehicles beginning in 2027. The Choice in Automobile Retail Sales Act of 2023 or H.R. 4468 was approved on …