Friday brings another deadline in the government shutdown saga. Progress...
Friday brings another deadline in the government shutdown saga. Progress arrived Wednesday when the House passed the first tranche of six bills and the Senate is likely to do so today. Odds for a shutdown could grow later this month near a second deadline of March 22.
Natural gas futures are down around half a percent, with weekly inventory...
Natural gas futures are down around half a percent, with weekly inventory data due out later this morning. Analysts expect a draw of 40 bcf, which compares to the 5-year average of -93 bcf.
Gas prices jump back to more than $3 a gallon in Oklahoma
AAA Oklahoma reports the average price this week is $3.03 per gallon,...
AAA Oklahoma reports the average price this week is $3.03 per gallon, 36 cents higher than a month ago when the average was $2.67 a gallon.
Oklahoma City’s new average is $3.10 per gallon, 25 cents more than one week ago and 47 cents higher than a month earlier when the average price was $2.63 per gallon.
Tulsa’s average is less than $3 at $2.94 per gallon. A month ago, Tulsa’s average was down to $2.65.
Xcel Energy admits its operations might have caused wildfires in Texas
Xcel Energy acknowledges potential involvement in the Texas wildfires,...
Xcel Energy acknowledges potential involvement in the Texas wildfires, which burned over 1.3 million acres, due to its facilities possibly igniting the Smokehouse Creek fire. The company is cooperating with ongoing investigations and conducting its own review. However, Xcel disputes allegations of negligence in maintaining and operating power lines in the area, as claimed in lawsuits, one of which attributes the fire's origin to a fallen utility pole.
Rice University fellow discusses the future for oil
Hydrocarbons will remain a crucial energy source for the foreseeable...
Hydrocarbons will remain a crucial energy source for the foreseeable future, and oil demand will continue to grow, driven primarily by economics rather than politics, said Rice University's Kenneth Medlock III at a recent conference. Medlock also underscored the importance of innovation in the energy sector, highlighting the need for technologies that can integrate seamlessly into existing supply chains to drive substantial change.
