Oklahoma Attorney General Gentner Drummond’s latest fight with the EPA focuses on the agency’s consideration of race in regulation of pollution. He is one of 23 attorneys general who signed on with a petition authored by Florida Attorney General Ashley Moody asking the EPA to stop including race as a consideration. Moody pointed …
Colorado legislators made another recent step against crude oil being transported by rail through the state from Utah. The House okayed legislation to limit the length of trains in order to reduce chances of a hazardous spill. It’s the latest volley against the Uinta Basin Railway which has gone to the US Supreme …
The first quarter earnings report by Oklahoma City’s Gulfport Energy Corporation will be released in a few weeks. The company scheduled the release on Tuesday, April 30 after the close of markets. Leadership will holding a teleconference and webcast to discuss the results at 9 a.m. Central Time the following day, Wednesday, May …
It’s been a busy week for Oklahoma U.S. Sen. James Lankford in challenging some of the economic policies of the Biden administration. His latest effort was in questioning U.S. Trade Representative Katherine Tai about “The President’s 2024 Trade Policy Agenda.” He pushed Tai on ways the US can prevent unfair trade practices that harm …
While waiting on an extended Federal Trade Commission probe of its merger with Chesapeake Energy, Southwestern Energy plans a release of its first quarter financial results on May 2. The release will be following the close of markets, but because of the pending merger, company leaders do not plan a conference call or webcast …
** The Biden administration is reimposing sanctions on Venezuelan oil, it said Wednesday. The administration said it would renew sanctions that it temporarily lifted in October after Venezuela did not make sufficient progress toward a fair election. Companies will have 45 days to wind down their transactions with the nation’s oil and gas sector. ** The costs of enduring climate change …
Crude oil prices and Oklahoma energy stocks were down in Wednesday’s trading….oil by 3% due to an increase in US commercial inventories along with weaker economic data out of China. Analysts suggested that investors are still keeping a wary eye on what develops in the Middle East where Israel is contemplating a response to …
The Oklahoma Capitol Improvement Authority, the state’s largest issuer of tax-backed debt, will return to the municipal bond market on Thursday for the first time since 2022. The Authority is scheduled to price nearly $168 millionof fixed-rate State Facilities Revenue and Refunding Bonds, designated the Series 2024A and 2024B Bonds, to refinance outstanding bonds saving roughly $10 …
The U.S. Energy Information Administration reported the national crude stocks grew from 457.3 million barrels of oil reported on April 5 to 460 million barrels as of April 12. It marked another increase since March 29 when the national crude storage amounted to 451.4 million barrels. Cushing’s total of crude oil in storage …
Oklahoma Attorney General Gentner Drummond is asking a judge to determine whether confidential records used as the foundation for his “market manipulation” lawsuits against two energy firms have to remain confidential during any trial. Five days after his office sued two Texas energy firms and accused them of illegally profitting off high natural …
