Investors await Monday’s trading to see if crude oil prices might continue their gain following Friday’s 2% increase for prices. The increase came as traders waited on an OPEC+ decision on second quarter supply agreements. At the same time, natural gas prices in the US continued their slow tumble downward. …
Read More »
A House bill to allow Oklahoma Corporation Commissioners to meet and discuss certain issues without declaring a public meeting under Oklahoma’s Open Meetings Act won unanimous support recently in a state House Committee. Members did not show any concern about a lack of transparency or a need to …
Read More »The Oklahoma Senate has been sent a bill to provide $67 million for improvements to the Arkansas River levee system. Approval of Sen. Cody Rogers’ Senate Bill 1391 was n the Senate Appropriations Committee. The bill proposed appropriating the millions to the Oklahoma Water Resources Board. “It’s incredibly important …
Read More »
Crude oil prices lipped on the last day of February after inflation data in the U.S. suggested a softening of the ecocnomy might weaken demand for crude. Plus, investors are worried that OPEC’s growing production might affect prices. In the US, West Texas Intermediate dropped 28 cents and settled …
Read More »
The ROFR bill that Lawton Rep. Trey Caldwell said was not a ROFR bill won approval Thursday in the State….the measure giving an apparent compromised version of the right of first refusal in construction of major transmission lines. The measure finally hit the House floor where Caldwell spent time being …
Read More »
The tax bill targeting Oklahoma’s renewable energy industry has yet to make it to the floor of the State House a week after Speaker Charles McCall proposed the measure in response to a lack of movement on the Right of First Refusal power for utilities. The House Impact study …
Read More »
A million acres have been burned in the Texas Panhandle wildfires after they crossed over into western Oklahoma this week. One elderly woman was killed in the fires in Texas. The Oklahoma Forestry Division stated Thursday that only 3% of the Smokehouse Road Fire in the two states had …
Read More »
The efforts of Colorado Gov. Jared Polis to promote a Front Range passenger rail service, one that could involve billions of dollars, are being criticized by one expert who says it will result in abject failure. The Front Range railway, an idea floated last year that recently received $500,000 …
Read More »
He could be on a short list to succeed Sen. Mitch McConnell as the next Senate GOP leader. Wyoming Sen. John Barrasso is known for his anti-energy mandates of President Biden and is a staunch defender of his state’s energy reputation. As an example, Barrasso, who is the ranking …
Read More »
The Federal Reserve decisions to hold firm and not cut interest rates in the near future sent US crude oil prices falling Wednesday. At the same time, US crude stockpiles continued to climb, adding more pressure on crude oil prices. West Texas Intermediate crude dropped 33 cents or 0.42% to …
Read More »
PEMA Professional Energy Marketers Association