PEMA Professional Energy Marketers Association
(AP Andrew Harnik, File) Iowa Attorney General Brenna Bird led a 9-state coalition this week in joining Oklahoma and 9 other states that filed suit last week against the Securities and Exchange Commission over its new rule forcing public traded companies to reveal some climate-related information to potential …
Read More »Empire Petroleum exec leaves for new job at Vital Energy
The same day Empire Petroleum Corporation announced the resignation of Chief Financial Officer and Chief Accounting Officer Stephen L. Faulkner, he went across town to take a similr job with another Tulsa energy company, Vital Energy, Inc. At Vital, Faulkner is the new Vice President and Chief Accounting …
Read More »Crude oil prices reach 4-month high in Wednesday’s trading
A four month high was hit by crude oil prices as they rose nearly 3% on Wednesday, thanks to a surprise withdrawal in U.S. crude inventories, including stocks at the Cushing Hub in Oklahoma. Crude prices also responded to a bigger-than-expected drop in US gasoline stocks and possible supply disruptions …
Read More »Attorney General supports some selected Sunshine bills in the legislature—but not all
Midway through Sunshine Week, which is observed nationwide each year to celebrate openness and transparency in government, Attorney General Gentner Drummond is highlighting several bills this state legislative session that he said would greatly improve governmental transparency. He issued his support for three bills to improve transparency, but continued …
Read More »Crude stocks declined across the U.S. and at the Cushing Hub
Crude oil stocks in the Cushing Hub of Oklahoma and across the U.S. declined in the past week, according to new figures released by the U.S. Energy Information Administration. Cushing’s total stocks declined from 31.7 million barrels on March 1 to 31.5 million barrels as of March 8, the …
Read More »OU team wins Energy Department’s collegiate geothermal competition
Back-to-back national champions at the University of Oklahoma. Not a sports team but rather five graduate students at the University’s Mewbourne College of Earth and Energy who recently named winners in the U.S. Energy Department’s 2023 Geothermal Collegiate Competition for their design of a system to heat a greenhouse …
Read More »Texas legislature to investigate Panhandle’s deadly wildfires
Even as the large wildfires that burned more than a million acres of land in the Texas Panhandle and western Oklahoma are still burning but nearly under control, the Texas legislature plans an investigation of its own. House Speaker Dadee Phelan plans to create a committee in a …
Read More »Edmond legislator named to national transportation committee
Edmond Rep. Nicole Miller has been named vice chair of the National Conference of State Legislatures (NCSL) Transportation Committee. Miller, a Republican, was elected in 2018 and represents House District 81 in northwest Oklahoma City, West Edmond & Deer Creek. She currently serves as the chair of the House …
Read More »Crude oil and natural gas prices tumbled again on Tuesday
Tuesday brought another dip in crude oil prices and a drop for natural gas prices while Oklahoma energy stocks saw yet another mixed day of trading with no outstanding gains or losses. The crude oil drop came after a higher-than-expected forecast for U.S. crude oil production. West Texas Intermediate crude …
Read More »Fourth individual pleads guilty to bid rigging and price fixing in investigation of Oklahoma Transportation construction contractors
The Office of Inspector General at the U.S. Transportation Department announced another person has pleaded guilty in Oklahoma in a $100 million bid rigging scandal. The announcement is as follows: On February 27, 2024, in the U.S. District Court for the Western District of Oklahoma, Stanley Mark Smith, an …
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