Author's posts
Rig totals hold steady
Oil and gas rig activity held steady in the past week across the U.S. while Oklahoma saw a slight jump in the number of rigs across the state. The Baker Hughes Rig Count showed the U.S. count increased by only one to a total of 544 rigs. The number of oil rigs declined 3 …
Energy briefs–peace talks cancelled
What’s impacting oil prices? No more peace talks with Iran ** Oil prices held steady over the weekend even as President Trump canceled any more peace talks with Iran. “They can call us anytime they want,” he said on Saturday. Naval blockade still in effect ** As the naval blockade of the Strait of …
Talks resumed as oil was mixed
As investors hoped for peace between Iran and the US were boosted on Friday, crude oil rose less than 1% globally but dropped the same in the US. The US naval blockade had turned back 34 ships as of Friday but both the US and Iran plan more peace talks in Pakistan. At the same …
Power restored in Enid
OG&E crews are actively repairing downed and broken power poles after tornadoes and severe weather struck across OG&E’s service area. As of 12:45 p.m. on Friday, 99% of customers had power back on, with approximately 350 customers remaining without service. Restoration personnel were actively repairing damage to the grid and restoring service to homes and businesses that …
Mitchell talks energy with Jerry Bohnen—the Supremes and higher rates
https://www.facebook.com/reel/1642700580209765 This week on Mitchell talks Energy with Jerry Bohnen, the Supreme’s say ‘no’ to the ‘law firm’ of Gann, West & West; so what’s next? The Supremes being not the singing group of the 60s and 70s but the Oklahoma Supreme Court. Gann, West & West is not a law firm but three …
Earnings at Mach
Investors in Mach Natural Resources LP will soon learn just how well the Oklahoma City-based energy company did in the first quarter of 2026. The company announced it will report first quarter 2026 results on Thursday, May 7, 2026, after the close of trading on the New York Stock Exchange. The first quarter 2026 earnings release …
Feds offer funding help
Remaining funding for a government program that helps more than 100,000 Oklahoma families with economic assistance in heating and cooling programs was released this week by the federal government. The $20 million increase in funding was for the Low-Income Home Energy Assistance Program, better known as LIHEAP, and went to Oklahoma and other states …
Oil surges to $106
Heightened concerns about any chance for peace between the U.S. and Iran sent crude oil prices rising 4% on Thursday as they settled well above $100 a barrel. The jump in prices came after President Trump gave orders to “shoot to kill” on small Iranian navy minelayers in the Strait of Hormuz and after Israel …
More manufacturing growth
A latest survey shows manufacturing activity is on the increase in Oklahoma and other states that are part of the Federal Reserve Bank of Kansas City. According to Cortney Cowley, assistant vice president and Oklahoma City Branch executive, the April Manufacturing Survey revealed that business activity in the Tenth District manufacturing sector grew further, …
LNG export terminal opens
Another major LNG terminal in the U.S. shipped its first cargo this week. Golden Pass LNG, located south of Port Arthur Texas, is a joint venture between QatarEnergy (70% ownership) and ExxonMobil (30% ownership). The terminal is officially at Sabine Pass, Texas. It has become the nation’s 10th liquefied natural gas terminal. Carried …