Friday , May 17 2024

Crude oil prices and OK energy stocks recorded losses on Monday

Crude oil prices weren’t the only commodity to drop in Monday’s trading. So did most Oklahoma energy stocks as they slid about 1% to 2% in many cases. Brent crude dipped below $80 a barrel and it occurred as investors and the oil and gas industry wait on this week’s …

Read More »

DEQ to hold two more Climate Pollution Reduction meetings this week

  Two more meetings will be held this week by the Oklahoma Department of Environmental Quality regarding potential projects for the $3 million Climate Pollution Reduction Grant received earlier in the year. One will be held Tuesday, November 28 at 5:30 p.m. in the DEQ headquarters located at 707 N. …

Read More »

Governor’s Water Conference to be held this week

  The annual Governor’s Water Conference will be held Wednesday and Thursday in Norman. Presentations and discussions on various aspects of water and its impact on our lives will be held at the Embassy Suites. Oral Presentations: Understanding and Improving Climate Resiliency November 29, 2023 10:30 a.m. – 12:00 p.m. Renee …

Read More »

Weekend snowfall could change drought maps in Oklahoma

  Weekend snowfall in Oklahoma provided some good cover for the spring crops. It also produced some challenging windchills. “We had a good swath of 6-8 inches up in NW OK, with Beaver leading the way with 8 inches,” reported Oklahoma Climatologist Gary McManus in his Monday Mesonet newsletter. “It also …

Read More »

Utah oil facility not in compliance with state air-quality rules

(Francisco Kjolseth | The Salt Lake Tribune)  As some Colorado leaders fight a proposed expansion of a crude oil railway to carry Uinta Basin crude oil from Utah to Colorado and eventually to Oklahoma’s Cushing Hub, opponents are finding more negative elements about the plan. Such as the report by …

Read More »

Monday deadline for Corporation Commission to comply with subpoena

  Monday is the deadline for the Oklahoma Corporation Commission and its staff to comply with a subpoena issued by Attorney General Gentner Drummond who is investigated suspected market manipulation of natural gas costs during the 2021 Winter Storm Yuri. It was early November when Drummond fired off his subpoena …

Read More »

Attorney General says Corporation Commissioners did the right thing

Oklahoma Attorney General Gentner Drummond commended state regulators after they took action last week to reinstate a 2.5% residential rate cap for customers of Public Service Company of Oklahoma. The Corporation Commission voted 2-0 to follow through with the Attorney General’s request after the members previously voted 2-1 in support …

Read More »

Lankford and others raise questions about Energy Department security transfer

(Jim Watson/Pool via AP) The sudden transfer of the man who led counterintelligence at the U.S. Energy Department following a critical report prompted Oklahoma U.S. Sen. James Lankford and others to raise questions to Energy Secretary Jennifer Granholm. He and several other Republican Senators are raising alarm bells over the …

Read More »

October’s Oklahoma revenues reflect loss of oil and gas production

  Reduced oil and gas revenue is having a growing impact on Oklahoma’s tax revenue, falling more than 25% over the past year. State Treasurer Todd Russ reported the state’s gross  receipts for the last 12 months of $17.07 billion are more than $167 million or 1% below revenues from …

Read More »

Wynnewood Refining Company wins fight with EPA over renewable standards

  The CVR Refinery at Wynnewood in southern Oklahoma is among a handful of small refineries that won an Appeals Court battle with the EPA over renewable fuel standard program obligations. The U.S. Court of Appeals for the Fifth Circuit ruled in favor of a group of sixsmall refineries that …

Read More »