PEMA Professional Energy Marketers Association
For those who might recall how a 2023 hail storm in western Nebraska destroyed a Scottsbluff, Nebraska solar farm and its 14,000 solar panels, a similar event occurred earlier this month near Houston, Texas. BREAKING: Hail storm in Damon texas on 3/24/24 destroys 1,000’s of acres of solar farms. Who …
Read More »Manufacturing activity fell in March in Oklahoma and neighboring states
Manufacturing activity in Oklahoma and other states that make up a Federal Reserve Bank of Kansas City district didn’t fare well in March. Chad Wilkerson, senior vice president at the Bank announced the bank’s latest manufacturing survey revealed manufacturing activity declined further in March and expectations for future activity …
Read More »Bingman lays out stances on legislative issues affecting Corporation Commission
When it comes to some of the legislative issues dealing directly with the Oklahoma Corporation Commission, how does the only candidate to file so far for the commission in 2024 feel about them? OK Energy Today spoke at length with former State Senator and Secretary of State Brian Bingman …
Read More »Crude oil slips as dollar grows stronger
As the dollar strengthened and U.S. crude and gasoline stocks made a surprise jump, crude oil prices fell for a second consecutive day in trading on Wednesday. At the same time, it proved to be a strong day for Oklahoma energy stocks. West Texas Intermediate crude dropped 27 cents …
Read More »Major dredging project underway on Oklahoma River in OKC
The growth of sediment in the Oklahoma River where it flows through Oklahoma City is the target of a major dredging operation. City workers have started the process of removing dirt and sediment build-up to keep the river in peak operation, according to a report by the city’s Public …
Read More »Oil and gas industry resorts to unusual political maneuver to fight drilling ban
So why is the Colordo oil and gas industry now coming out in support of a controversial push to ban all oil and gas drilling in the state by 2030? It’s not a case of “if you can’t lick ’em, join ’em.” Instead, the push is a political maneuver …
Read More »Filling up at the gas pumps costs more in Oklahoma than a year ago
Forget the thought of falling gasoline prices. Oklahomans are now paying far more for a gallon of gasoline than they did one year ago. The statewide average, according to AAA Oklahoma, reached $3.19 this week, a penny higher than a week ago, 32 cents more than a month …
Read More »Devon’s 1Q financial report to be released in early May
After reporting $1.7 billion in cash flow in the fourth quarter of 2023, the highest in the past year, Oklahoma City’s Devon Energy plans a release of its first-quarter 2024 results in slightly more than a month. The company announced it will release the quarterly results on Wednesday, May 1 …
Read More »Saturday and Sunday can’t come soon enough in Oklahoma
Can’t wait until Sunday when temperatures hit the 80s? It’ll be far from the freezing weather the state experienced Tuesday morning. Oklahoma Climatologist Gary McManus wrote that the state has a history of cold, cold weather in March. He noted in his Tuesday morning Oklahoma Mesonet newsletter that …
Read More »Crude oil and Oklahoma energy stocks fell in Tuesday’s trading
Not only did crude oil prices settle lower on Tuesday but Oklahoma energy stocks did as well. Observers say the fall in crude happened after investors re-thought the impact of Russian refinery capacity in the country’s war with Ukraine. West Texas Intermediate crude finished down 33 cents or 0.4% …
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