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Tag Archives: #OklahomaEnergy

Wynnewood Refining Company wins fight with EPA over renewable standards

  The CVR Refinery at Wynnewood in southern Oklahoma is among a handful of small refineries that won an Appeals Court battle with the EPA over renewable fuel standard program obligations. The U.S. Court of Appeals for the Fifth Circuit ruled in favor of a group of sixsmall refineries that …

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Crude oil fell in pre-Thanksgiving Day trading

Trading on the day before Thanksgiving resulted in a 1% for crude oil prices and a mixed day of trading for Oklahoma energy stocks. The fall in crude prices came as OPEC+ announced a delay until Nov. 30 for its meeting to discuss more possible cuts in crude oil production. …

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More gains in crude stocks reported at Cushing and across the nation

  The buildup of crude oil stocks in the U.S. continued for another week and the increase included the amount of oil stored at the Cushing Hub in Oklahoma. The nation saw an increase of 8.7 million barrels of crude oil from November 10 to November 17, according to the …

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Gains reported in Oklahoma and US rig numbers

  The latest rig report from Baker Hughes Co.,  prior to Thanksgiving, showed another gain for the U.S. and for Oklahoma. The state’s rig count saw a gain of one to 38 active oil and gas rigs, still well below the 70 rigs reported one year earlier. The Baker Hughes …

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Corporation Commissioner still says PSO rate hike needs to be audited

  While Oklahoma Corporation Commissioner Bob Anthony supported a move by state regulators to put a 2.5% cap as part of the Public Service Company of Oklahoma rate case, he couldn’t get support for a detailed audit of what was approved for the utility. He was still critical of the …

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Corporation Commissioners agree to cap on PSO residential rate hike

  Oklahoma Corporation Commissioners didn’t give Attorney General Gentner Drummond everything he wanted in asking them to reconsider a Public Service Company of Oklahoma rate hike that would raise residential rates by another $5.35 a month, but they agreed in part during a meeting on Tuesday. The commission voted 3-0 …

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Mixed crude oil prices on Tuesday while OK energy stocks experienced declines

After rallying for two sessions, crude oil prices on Tuesday were mixed with U.S. crude slipping and overseas oil prices increasing. The day also produced losses for some Oklahoma energy stocks with one firm experiencing a more than 9% drop for the day. It was a sign that investors are …

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Years later, Army Corps seeks input on controversial oil pipeline in North Dakota

  Hard to believe it’s been seven years when some Oklahoma protesters joined thousands of others at the Dakota Access Pipeline projecct in North Dakota. They spent weeks fighting the pipeline opposed by the Standing Rock Sioux Tribe. The protests lasted for months but the Trump administration eventually approved the …

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Standard Lithium sees positive brine results in southern Arkansas

Canadian-based Standard Lithium Ltd. announced this week the initial performance results from its operations in southern Arkansas where it is in a race to develop lithium from the Smackover Formation’s brine to supply batteries for electric vehicles. Standard has a Direct Lithium Extraction process at its Demonstration Plant near El …

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DEQ to launch series of meetings on how to spend $3 million in climate pollution reduction

  The Oklahoma Department of Environmental Quality plans to launch a series of meetings focused on how to use Oklahoma’s Climate Pollution Reduction Grant of $3 million funded by the Biden administration’s green efforts. Meetings will be held Tuesday, Nov. 28 in Oklahoma City and Thursday, Nov. 30 in Lawton. …

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