News

U.S. oil/gas firms paid $42B to foreign governments in ’23

More money was paid to foreign governments last year by U.S. oil and gas companies than they paid in the U.S. – almost eight times more, according to filings now required with the Securities and Exchange Commission.Collectively, ExxonMobil, Chevron Corp. and ConocoPhillips made $47.

Solar energy electricity increasing in U.S.

From staff reports According to the U.S. Energy Information Administration, a new study shows that solar-generated electricity is growing across the nation.In August 2024, utility-scale generation of solar electricity averaged 63.1 gigawatt-hours between 10 a.m. and 6 p.m.
Crude oil production in thousand barrels per day

Crude oil production in thousand barrels per day

Crude oil production in thousand barrels per day

Which country is the world’s largest crude oil producer? Saudi Arabia? Try again. Russia? No. The United States has been the global crude oil leader since 2018. Extraction techniques have evolved in recent years, leading to record production.

Sooner State sees little rain in late September

From staff reports Rainfall totals in Oklahoma were only in trace amounts for the week of Sept. 30-Oct. 6, according to the U.S. Department of Agriculture’s National Agricultural Statistics Service.The Oct. 1 U.S.

Farmer sentiment plunges as income expectations weaken

From staff reports Declining income expectations helped push farmer sentiment down in September as the Purdue University- CME Group Ag Economy Barometer Index fell 12 points to 88. Both subindices of the barometer, the Index of Current Conditions and the Index of Future Expectations also declined.