OK Energy News

For a second straight day, crude oil prices dropped on Tuesday, falling 2% over apparent recession fears and renewed COVID-19 cases in China. West Texas Intermediate crude for November delivery dropped nearly 2% on a $1.78 a barrel slide to $89.35 on the New York Mercantile Exchange. Global benchmark Brent …

  How is Tesla getting around a New Mexico state law that prohibits manufacturer-direct car sales and repairs? Simple. It operates dealerships on tribal land. Now Tesla has opened its second such dealership in the state according to Source New Mexico.  Could Tesla do the same thing in Oklahoma with …

The Oklahoma Space Industry Development board will meet Thursday in Oklahoma City at the Oklahoma Department of Transportation building. The agenda of the 1:30 p.m. meeting includes a treasurer’s report for July, August and September and an Executive Director’s report. Board members will also be briefed on a facility’s improvement report …

  After second quarter net sales rose from $141million in 2021 to nearly $285 million in 2022, Oklahoma City’s LSB Industries plans to release its third quarter earnings report on Nov. 1, 2022. The firm plans to release the report after the close of the stock market on that Tuesday. …

Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Note: Density is measured using the API gravity scale. In the first half of 2022, U.S. crude oil production averaged 11.1 million barrels per day (b/d), up from an annual average of 10.8 million b/d in 2021. Crude oil with …

  Oklahoma regulators will meet Wednesday morning to consider finalizing some proposed changes in petroleum storage tank rules. Corporation Commissioners were presented with the changes last week but delayed a decision until Wednesday’s meeting at 9:30 a.m. They will also hold a discussion on the agency’s financial activity including a …

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Grady County NELLI #3H-30-31, October 10 2022 30 8N 7W NESENWSE API: 05124978 Lat: 35.136027259849605, Long: -97.97575252762951 CITIZEN ENERGY III LLC MU, DR, 22300 ft, MISSISSIPPIAN(14900), WOODFORD(15000) Grady County NELLI #1H-30-19, October 10 2022 30 8N 7W NWSENWSE API: 05124976 Lat: 35.136027264514716, Long: -97.97565219478919 CITIZEN ENERGY III LLC MU, DR, 22800 ft, …

After five straight days of gains, crude oil prices dropped by 2% on Monday. The reason? Investors are growingly worried about a likely global recession and how it will weaken demand for fuel. Meanwhile, Oklahoma energy stocks were mixed with some recording 3% losses while a few had gains of …

  A decision by the Environmental Protection Agency might have general aviation airports like Wiley Post in Oklahoma City and others finding themselves the target of more restrictive rules pertaining to emissions from aviation fuel. Here’s what happened. The EPA on Friday declared that lead in aviation fuel endangers public …