Saturday , May 18 2024

4Q earnings release date set by ConocoPhillips

  After record third-quarrter production and earnings of $2.8 billion, ConocoPhillips is preparing to release its fourth quarter earnings report in February. Investors will be anxious to know if earnings improved after dropping from a year earlier. The company will release the results before the market opens on Thursday, Feb. …

Read More »

Attorney General seeks public tips about winter storm market manipulation

Oklahoma Attorney General Gentner Drummond announced Tuesday he has launched an online tip form where the public can report allegedly illegal conduct related to energy costs during Winter Storm Uri. The tipline, located on the Attorney General’s website (oag.ok.gov), is designed to collect information about market manipulation and any other …

Read More »

PSO to pay rate refunds in January

  Public Service Company of Oklahoma (PSO) residential customers will see refunds of interim rates on their monthly bills starting in January. The Oklahoma Corporation Commission approved new rates for PSO customers on November 21, resulting in refunds with interest on interim rates that began May 22. PSO will apply …

Read More »

Attacks on Red Sea shipping sent oil prices up

The Red Sea attacks by Yemini Houthi on martime ships resulted in a pause on BP shipments of oil, resulting in a gain in crude oil prices Monday. At the same time, most Oklahoma energy stocks also saw increases in the value of their shares. What resulted was a gain …

Read More »

American Airlines to add 300 jobs in Tulsa thanks to Commerce Department funding

(Stephen Pingry, Tulsa World Archive)il Print Copy article link Save The Oklahoma Commerce Department recently awarded $22 million to American Airlines in Tulsa where 300 jobs will be added to the major aircraft center. “We graciously thank Gov. (Kevin) Stitt, Lt. Gov. (Matt) Pinnell and the state of Oklahoma Department …

Read More »

Northwest Oklahoma could have a White Christmas—maybe

If Oklahoma Climatologist Gary McManus is correct, there is a remote chance of a White Christmas for parts of Oklahoma…mostly in the northwest. In his Monday prognostication, he explained chances will increase because of the latest storm slipping down from the north. “It is a lovely southern track storm though, …

Read More »

Brace yourself for increased Christmas travel on the roads and airports

  Yes, it’s about here—Christmas Holiday travel time, when airports are jammed with package-laden travelers and highways are filled with drivers trying to get to their destinations. If you think it’ll be elbow-to-elbow at airports and on the highways, you’re right because of increased travel. AAA projects 115.2 million travelers …

Read More »

Oklahoma well operator targeted by House Democrats in climate probe

  Democrats on the House Energy and Commerce Committee have targeted another oil and gas company over environmental and climate claims and it could involve wells in Oklahoma. They put Diversified Energy Co., the owner of more than 1,500 oil and gas wells in Oklahoma and Texas and also the …

Read More »

Mild weather leads to lower natural gas production and prices

  Just two years ago, natural gas prices hit historic highs in Oklahoma, leading to extensive long-term payments for customers of major utilities. This year is a different story as natural gas supplies have fallen, according to the U.S. Energy Department’s weekly inventory release. The past week was the sixth …

Read More »

ROFR—-who do you believe?

  The growing issue of Right of First Refusal for utilities in Oklahoma comes down to one big question….is it a financial benefit for their customers or will it harm them? Those for ROFR, as it is typically called and those who contend consumers will be hurt by such a …

Read More »