On the week, the national gas price average held steady at $2.56, but motorists can expect some volatility at the pump in the coming days and weeks. Over the weekend, Saudi Arabia experienced drone attacks on two major oil facilities – including the world’s largest, Abqaiq. The attacks have taken 5.7 million …
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Oklahoma State Treasurer Randy McDaniel released his monthly economic report for the month of September, one showing only modest economic growth in August. “Oklahoma’s economy is still expanding. While we continue to see economic growth, it’s not as robust as in previous months,” stated McDaniel. The report showed how receipts …
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The fight between the oil and gas industry and the electric car industry is growing. As POLITICO’s Morning Energy Report indicated on Monday, oil-backed groups are countering utilities’ plans to expand electric vehicle infrastructure with regulatory and lobbying campaigns against the proposals in at least 10 states so far, Pro’s Gavin …
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While the funeral for the late T.Boone Pickens is to be held this week, the Texas Panhandle ranch he developed and loved is still up for grabs. All for $250 million. His Mesa Vista Ranch totaling 64,809 acres in Roberts County north of Amarillo has been for sale since 2017. …
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Oklahoma U.S. Sen. Jim Inhofe thinks it’s a bad idea—opening an Oklahoma office in Washington. It’s what Gov. Kevin Stitt wants to do as well as hiring a lobbyist to campaign congress for issues such as Oklahoma energy, agriculture and aviation. Despite Sen. Inhofe’s opposition, Gov. Stitt’s staff is moving …
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The 30th annual Denver Gold Forum is held this week featuring an invitation-only event attended by the world’s leading specialist precious metal investors. The event is described as the “world’s most prestigious precious metal equities investment forum” and is held at the Hyatt Regency in Denver. It will continue through …
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The Fort Worth energy company, Basic Energy Services, Inc. announced its president and CEO, T.M. “Roe” Patterson plans to leave the company in pursuit of other business opportunities. Basic Energy Services has operations in Oklahoma, Colorado, Texas, New Mexico, Arkansas, Kansas, Louisiana, Wyoming, North Dakota and California. The Company …
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Seeking more investors, Tulsa mid-stream company, Cypress Energy Partners, L.P. will take part Monday and Tuesday in a New York investor’s summit. Peter C. Boylan III, Chairman, President and Chief Executive Officer will make a presentation at this year’s Fall Investor Summit. The Summit will be held at the Essex …
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The nation’s oil and gas rig count took another nose dive in the past week, slipping by 12 rigs to a total of 886. Oklahoma’s slide in active rigs came to a halt and the state added one rig to reach 76 compared to the 139 it had a year …
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Houston’s Eog Resources came up with 3 wells on a single pad with combined production of more than 4,200 barrels of oil a day in Oklahoma’s SCOOP play The Galaxy 2536 wells are in Grady County and located at 24 10N 5W or about 3 miles northeast of the intersection …
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PEMA Professional Energy Marketers Association