Oklahoma’s “go-to” oil guy, Harold Hamm, founder and chair of Continental Resources Company believes the world’s high oil prices will eventually decline as the U.S. and Israeli war against Iran eventually ends. “ I think oil will come back down. Oil prices will moderate again. And we should expect that,” said Hamm in an interview Thursday …
Category: Oil & Gas
US recorded increase in oil and gas rigs—Oklahoma was unchanged
The U.S. saw a gain of 5 oil and gas rigs in the past week to reach a total of 548 while Oklahoma’s count was unchanged from the previous week, according to the Baker Hughes Rig Count released Thursday. The report indicated Oklahoma held steady with a count of 44 rigs throughout the state. …
Oil prices fall as Trump talks of end to war against Iran
Crude oil prices fell nearly 3% Wednesday after President Donald Trump signalized the U.S. might soon wind down its military operations against Iran. He also threatened to quit NATO over its lack of support in the Middle East operation. “I can’t tell you exactly … we’re going to be out pretty quickly,” Trump told …
House bill approved to stop climate change lawsuits
The Oklahoma legislature is close to enacting a proposal to protect oil and gas companies from being sued over climate change lawsuits. HB1439, authored by Rep. Anthony Moore and Sen. Julie Daniels, won approval in the House Energy committee Wednesday on a 9-3 vote. Rep. Moore told the committee it’s designed to put an end …
Energy Briefs: Iran Power Restored, Oil Flows Disrupted
Iran Energy Infrastructure Damage and Power Restoration Iran energy infrastructure Tehran Karaj power restored: Iran’s government says energy infrastructure has been damaged, but Iranian media reports that power has been restored to most parts of Tehran and the nearby city of Karaj. Russian Oil Flows Drop After Drone Strikes Russian oil flows Baltic shipments Ukraine …
Major construction projects underway for ONEOK
ONEOK Expands Pipeline Network With Major Projects Nationwide An annual report released by ONEOK shows the Oklahoma-based energy firm is in the midst of some major construction projects, not just in Oklahoma but other states where it has a 60,000-mile pipeline network. Energy Demand Growth Drives Expansion Leadership said energy demand is growing across the …
Vermont defends superfund law targeting oil and gas firms
While Oklahoma legislators consider legislation to protect oil and gas firms in the state from being sued over climate change claims, in Vermont, it’s just the other way around. The state also finds itself in court defending its law. The Associated Press reports Vermont’s effort to make fossil fuel companies pay for damage caused by climate …
Stardust joins group to advance Muskogee lithium refining ops
Stardust Power Joins Lithium Innovation Cluster for Muskogee Project Stardust Power Inc. announced it has joined a special cluster of industry firms to help advance its lithium-grade refining operations being built at Muskogee in eastern Oklahoma. Company to Take Advantage of Technical Collaboration The Connecticut-based firm said it joined the Lithium Regional Innovation Cluster, a …
BLM Proposal Opens Chaco Land to Oil Drilling
April 2, 2026
BLM Proposal Opens Chaco Region to Oil and Gas Drilling The Bureau of Land Management (BLM) stirred up angry response from environmentalists and Native American leaders in New Mexico by proposing to open more than 300,000 acres of land to oil and gas drilling around the historic Chaco Culture National Historical Park. Public Comment Period …
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