Sunday , May 5 2024

Tag Archives: #OklahomaEnergy

Crude oil finished the week with a 3% gain while natural gas continued its slump

Despite a slight dip in crude oil prices on Friday, they still finished the week more than 3% higher because of rising demand from US refiners completing planned overhauls. Once again, natural gas prices slipped in Friday’s trading. West Texas Intermediate crude dropped 17 cents or 0.21% to close trading …

Read More »

Oklahoma tribes to get $4 million to fight climate change

    Nearly $1 million in federal funds aimed at helping Native American tribes with what are called climate resilience projects is going to four tribes in Oklahoma. It’s part of $120 million in funding for 146 Indian projects across the U.S., according to an announcement by the Interior Department. …

Read More »

Report says US government has underestimated methane emissions from oil and gas operations

  A new report contends oil and gas wells, pipelines and compressors across the U.S. are emitting three times the amount of methane into the atmosphere as the government claims. The lead author of a study in journal Nature says it’s cost more than $9 billion a year in climate damage. …

Read More »

Entergy Arkansas on the hook for $135 million—not ratepayers

    A federal judge recently ruled Entergy Arkansas is on the hook for a $135 million refund ordered by federal regulators. And it won’t be ratepayers who’ll be coughing up the money. The ruling stems from a system agreement that Entergy Arkansas had to operate as a pool with …

Read More »

Pilots lose lawsuit against Cessna 14 years after plane crash near Tulsa

    The Oklahoma Supreme Court recently ruled against two pilots who survived the crash of a single-engine Cessna airplane  14 years ago and sued Cessna Aircraft Company. The Justices upheld a lower court ruling that said Cessna was not responsible for a fire that broke out in the plane …

Read More »

What oil and gas industry contributed to Oklahoma in 2023

  A new study reveals how the oil and gas industry in Oklahoma contributed 22% to the state’s economic activity. It’s what the Oklahoma Energy Resources Board reports. Oklahoma’s oil and natural gas sector remains a crucial pillar of the state’s prosperity and is yet again the most significant source …

Read More »

Oil up, natural gas down and OK energy stocks experienced losses

Another gain for crude oil prices on Thursday as a prediction of a tighter world market this year resulted in a nearly 2% jump for the day. At the same time, natural gas prices suffered another drop. The International Energy Agency predicted there will be an oil demand growth for …

Read More »

Smart Sand Inc.—weak in the 4Q but stronger for the year

  Smart Sand, Inc., the frac sand supply company with an operation in El Reno, Oklahoma as well as in Texas, Wisconsin, Illinois, Ohio and Pennsylvania reported fourth quarter revenue of nearly $62 million and $296 million for the year. “Smart Sand delivered strong operating and financial results for the …

Read More »

More states join Oklahoma’s lawsuit against SEC over climate disclosure mandate

  (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 »