Author's posts
Growing gasoline inventories send gasoline prices lower
While the government sold a million gallons of gasoline before the start of the July 4th holiday in a move to lower gasoline prices, a government report indicated average gasoline prices were also down 19 cents a gallon since the 2024 high on April 22. The U.S. Energy Information Administration reported prices fell to …
Wyoming joins Oklahoma and others in suing over Biden’s EV mandates
Days after Oklahoma and 24 other states sued the Biden administration over its EV mandates, another state joined the cause. Wyoming Gov. Mark Gordon announced this week that Wyoming joined the lawsuit against the Biden administration over a new rule issued by the National Highway Traffic Safety Administration imposing new standards requiring auto manufacturers …
ONE Gas schedules 2Q release in a month
ONE Gas is planning a release of its second quarter 2024 financial results on Monday, August 5. The material will be made available after the close of markets. The next day, Tuesday, Aug. 6, the company executive management team will hold a conference call at 10 a.m. central time. The call also will …
Interstate reconstruction project to finish in August in OKC
At Monday’s Oklahoma Transportation Commission meeting, commisisoners were briefed on the final phase of the I-235/I-44 interchange reconstruction project currently underway. Encouraging drivers to stay “Off-Broadway,” while under construction, this particular project began in May 2023, will connect the westbound I-44 on-ramp from Lincoln Blvd. and northbound Lincoln Blvd. to US-77/Broadway Extension and is …
Energy briefs
** The Biden administration on Tuesday announced the sale of 1 million barrels of gasoline in its latest effort to push down the price of gas which largely will impact the northeast United States ahead of Fourth of July travel. ** As the nation sizzles, the Biden administration is proposing the nation’s first-ever standards aimed …
CITGO latest target for Carl Icahn?
CVR Energy, owner and operator of the Wynnewood refinery in southern Oklahoma and also controlled by billionaire activist investor Carl Icahn, is attempting to gain control of shares in the parent of Venezuela-owned Citgo Petroleum. Reuters made the report based on discussions with three people familiar with the matter. Icahn alaready controls nearly two …
Chevron headlines tell the whole story—in a slanted sort of way
When the U.S. Supreme Court recently announced its decision overturning the so-called Chevron decision and took away some regulatory powers from federal agencies and put it in the hands of courts for decision-making purposes—it was sort of a “STOP THE PRESSES!” moment for some news agencies. The way the headlines blared, it was the …
Crude oil finished down on Tuesday
Tuesday’s crude oil prices fell less than 1% as fears of supply disruptions caused by Hurricane Beryl eased during the day. Reuters reported earlier on Monday, WTI rose $1 to $84.38 a barrel on fears Beryl might have a wider impact in offshore oil production areas in the U.S.-regulated northern Gulf of Mexico as …
OU researchers contend climate change will increase social injustice for Native Americans
University of Oklahoma researchers point to a proposed cobalt/nickel refinery built near Lawton as an example how they contend that climate change is likely to intensify hazard risk and social injustice for Native Americans. Indian Country Today reported Native people, espcial Kiowa, Comanche and Apache tribes do not want the plant on their …
Frac sand truckers stage protest at Permian Basin plants
Frac sand truckers staged a one-day protest on Monday in West Texas by blocking entrances to frac sand mines. They demonstrated against low wages and working conditions as part of an organized labor movement in the Permian Basin. The Texas Tribune reported the labor protest demonstration was carried out in three cities—Kermit, Mohanans and …