OK Energy News

Not only did crude oil prices drop in Tuesday’s trading, but Oklahoma energy stocks did as well. Analysts blamed growing worries about the global demand offsetting price support from the Israel-Hamas war. West Texas Intermediate for March delivery which expired Tuesday settled down $1.01 or 1.3% to $78.18 a barrel …

    A new report suggests that had the Biden administration’s methane emissions fees been in effect last year, some of the top 25 U.S. oil and gas producers, including several in Oklahoma, would have been liable for $1.1 billion in charges. It also means those same companies will likely …

    Usually the creation of another government office means more bureaucracy and of course, more funding by taxpayers. But the recent announcement by the Office of Management and Budget of its launching of the Federal Program Inventory (FPI) drew praise from Oklahoma U.S. Sen. James Lankford, someone known for …

    Farm groups in Kansas are urging the state legislature to adopt a bill to stop utilities from using the power of eminent domain for construction of solar farms in the state. Some opponents want legislators to go even further by prohibiting utilities using eminent domain to build huge …

  They will need approval from the Environmental Protection Agency, but two ethanol companies hope to construct the first carbon sequestration sites in the state of Kansas. Carbon sequestration involves the creation of deep underground wells where carbon dioxide emissions are pumped and removed from the atmosphere. It’s a controversial …

  The impact of a reimbursement of $250,000 by a bank that overcharged for its underwriting of winter storm bonds for an Oklahoma utility. What does it mean. Scott Mitchell and Jerry Bohnen talk about it in their latest edition of Mitchell Talks Energy. Just click the start arrow and …

  While Monday was a holiday in the U.S. and the markets were closed, global crude oil prices managed a slight increase and analysts credited the continuing worries over the fighting in Gaza and Israel’s standoff with other groups of terrorists. Brent, the global benchmark, gained 9 cents and settled …

    Three years ago this week, Oklahoma, Texas and a handful of other states endured what the National Weather Serevice called “one of the most impactful winter events in recent history.” Yes, 2021 Winter Storm Uri. Or at least that’s the name attached to it by the Weather Channel. …

Mulready: Earthquake Insurance – What You Need To Know By Oklahoma Insurance Commissioner Glen Mulready The Oklahoma Insurance Department (OID) kicked off February with a post on X, formerly known as Twitter, announcing our Earthquake Awareness Month social media campaign. Ironically enough, a 5.1 magnitude quake struck near Prague, Oklahoma, about eight and a …

  Six years after the derailment of a BNSF crude oil train spilled 160,000 tar sand oil near the town of Doon, Iowa, a lawsuit has been settled over the matter. Landowners filed suit against BNSF asking for actual and punitive damages. They blamed the railway for the accident but …