Thursday , April 25 2024

Tag Archives: #OklahomaEnergy

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 …

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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 …

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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 …

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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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EIA predicts less oil production and higher gasoline prices

  Lower global oil production, higher gasoline costs, lower natural gas prices and increased solar power. It’s what the U.S. Energy Information Administration expects for the remainder of the year. The EIA released its short-term energy outlook this week.   Global oil markets. As a result of OPEC+ extending crude oil …

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New mission for Air National Guard at Will Rogers Base

  The Defense Department says there should be no harmful environmental impact as the National Guard proposes to replace the existing mission of planes at the Will Rogers Air National Guard base in Oklahoma City and replace the planes with new close air support aircraft. The Guard will replace its …

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Rep. Cole says Biden’s State of the Union Address was misleading and unworthy

  Oklahoma Congressman Tom Cole says the state of the union is not strong, at least in the way President Biden described it in last week’s State of the Union address to congress. Under Biden’s state of the union, America’s energy industry has been harmed. The Republican Representative called Biden’s …

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Legislator fights to make permanent Daylight Saving Time

Feeling sleep-deprived after Sunday’s bi-annual time change pushed clocks forward an hour? Don’t blame Rep. Kevin West, R-Moore. West authored House Bill 2217, which would send to a vote of the people a question on whether to adopt permanent standard time in Oklahoma. The measure was filed last year and …

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Crude oil prices held steady while natural gas dropped again on Monday

Not much change in crude oil prices occurred in Monday’s trading investors weren’t as nervous over the fighting in the Middle East and how it might affect supply. Chinese data suggested a weak demand and U.S. refining saw an increase in production. Natural gas took another tumble. West Texas Intermediate …

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US crude oil production topped rest of the world for 6th straight year

  Make it six consecutive years that the U.S. has produced more crude oil than any other nation in the world. The U.S. Energy Information Administration reported U.S. crude oil production, including condensate, averaged 12.9 million barrels a day in 2023. The production mark broke the previous U.S. and global …

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