** Every anti-energy regulation at the EPA, the Department of Energy, the Interior Department, and the Army Corps of Engineers will sunset unless specifically designated for re-promulgation under Trump’s new “Zero-Based Regulatory Budgeting” executive order. ** The date for the International Linemen’s Rodeo has been set for October 15-18 of this year in Overland Park, …
Mitchell talks energy with Jerry Bohnen, tariffs, red cedars and more
Renewing the war waged on red cedars—one of our topics today on Mitchell Talks Energy with Jerry Bohnen. Plus, what the tariff war means to Oklahoma energy companies.
Oil and gas rig counts fell across the nation but were unchanged in Oklahoma
The nation’s oil and gas rig numbers took a fall of 7 leaving 583 active rigs remaining across the various oil and gas plays. Meanwhile, Oklahoma’s numbers were unchanged from the previous week, based on the Baker Hughes rig count released on Friday. Oklahoma remained at 53 rigs, 9 more than one year earlier. …
How the tax code penalizes America’s independent oil and gas producers—and how our OK congressional delegation is fighting to fix it
The following is an opinion piece by Sen. Jerry Alvord, R-Wilson. In it, he praises President Trump’s energy efforts but also says it will mean overcoming bad energy policies left behind by the Biden administration. We in Oklahoma know the importance of American-made oil and gas. It is a crucial part of our …
Oklahoma energy stocks see gains at the end of a hectic week
Friday brought what the energy industry in Oklahoma might describe as a refreshing turn of events as nearly all Oklahoma energy stocks recorded gains for the day compared to the large losses linked to the U.S. trade war with dozens of countries. The improved trading came as crude oil prices also managed $1 increases. The …
Oklahoma energy stocks experience more tariff suffering
Oklahoma energy stocks suffered major losses again, just one day after they rebounded with impressive gains following President Trump’s delay in tariffs on many of the countries across the world. At the same time, crude oil prices took a $2 drop or more than 3% and had a domino affect on trading of Oklahoma …
Bill to increase funds for plugging of abandoned gas wells approved by Senate committee
A bill calling for more funding by the oil and gas industry to help plug gas wells that are no longer in production won approval Thursday in the Senate Energy Committee. HB1370 by Rep. Brad Boles and Sen. Grant Green would increase funds from the state’s Gross Production Tax on gas well production to …
Transportation Commission approves $23 million in construction projects
Highlights of the Oklahoma Transportation Commission’s April 7, meeting include the kick off of the Oklahoma Department of Transportation and Oklahoma Turnpike Authority’s work zone awareness initiative in April, a briefing on the state of Oklahoma’s bridges in response to the recent National Transportation Safety Board report and updates on the I-44/US-75 “Traffic Henge” in Tulsa and I-40/Douglas …
Lower global demand for petroleum products expected through 2026
The U.S. Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026, which contributes to significantly lower oil prices than previously forecast. In its April Short-Term Energy Outlook (STEO), EIA points out significant uncertainties in energy supply, demand, and prices. The …
Storm chaser licensing bill sent to interim legislative study
A bill calling for the licensing of storm chasers in Oklahoma has been put on hold with the House Author, Rep. Scott Fetgatter, R-Okmulgee announcing the measure will be studied in an interim legislative study. He explained he decided to take a deeper dive into the issue of storm chasing in Oklahoma before advancing …