OK Energy News

  Crude oil prices dropped 2% in Monday’s trading and analysts blamed the losses on likely hikes in interest rates by major central banks. Oklahoma energy stocks tumbled as well. The Fed meets Wednesday and investors believe rates will go up by 25 basis points. West Texas Intermediate crude dropped …

  Oklahoma Corporation Commissioner Bob Anthony contends that if a public utility cannot properly and adequately justify its fuel costs, it should not be eligible for full recovery from ratepayers. Yet that belief and Anthony’s questions were apparently ignored last week when an Administrative Law Judge held a prudency hearing …

  Canadian-based Bri-Steel Manufacturing announced recently an expansion of operations to Enid, Oklahoma. Considered to be a leading North American manufacturer of large diameter seamless steel pipe, the company said it would build its second North American Thermal Pipe Expansion mill in the northern Oklahoma city Bri-Steel acquired the former …

An end to oil and gas drilling in 11 years? It’s what more than 50 Indigenous, environmental and social justice groups want to happen in New Mexico. They called on Gov. Michelle Lujan Grisham at the start of the 2023 legislative session, to promote science-based climate legislation to phase out …

  Oklahoma is at odds with Indian tribes in a dispute over whether the state should control or regulate surface mining on the Cherokee, Choctaw and Muscogee reservations. The state isn’t backing down after a federal judge ruled the tribes should control the regulations based on the landmark U.S. Supreme …

  U.S. oil companies received another round of criticism on Friday from the White House after Chevron Corp announced its annual profit doubled for 2022. The company posted a record $36.5 billion for the year and at the same time said it plans to triple spending on share repurchases, something …

Mcclain County BANSHEE 2029 #3H, January 27 2023 17 9N 4W NESESESE API: 08722407 Lat: 35.24843156083193, Long: -97.63667313527397 EOG RESOURCES INC MU, DR, 21000 ft, MISSISSIPPIAN(9110), WOODFORD(9180), HUNTON(9320) Pittsburg County IRENE #1-34/3H, January 27 2023 34 8N 17E SWNWNWSW API: 12124864 Lat: 35.122727457209585, Long: -95.50676043760181 TRINITY OPERATING USG LLC HH, RC, 16070 …

completions: none were processed today The post Completion reports for January 27, 2023 first appeared on Oklahoma Energy Today.

  When the bill aimed at stopping President Biden’s political use of the Strategic Petroleum Reserve hits the U.S. Senate after winning approval Thursday in the House, Oklahoma Sen. James Lankford will be one of its strong advocates. After all, he was among Republican Senators who introduced their own version …

  Maybe Bill Gates got his advice from AOC, the congresswoman who blamed part of climate change on farting cattle. Gates is now investing money in an Australian climate tech company focused on livestock methane emissions reports Popular Mechanics. Click here for Popular Mechanics     The post Billionaire Bill …