OKLAHOMA CITY – The price for gasoline is up nationwide as American consumers feel the squeeze from global sanctions against Russia. Basically, oil and gas production is affected. Last month, Oklahoma Gov. Kevin Stitt wrote a letter to President Joe Biden days after Russia invaded Ukraine, urging the administration to embrace domestic oil and gas […]
The US is planning to advance with onshore lease sales. This is a move that may mark the resumption of new oil and gas development on federal lands. The US Department of the Interior announced that the Bureau of Land Management (BLM) will issue notices. These notices are for the reformation of onshore lease sales. […]
Gas prices are finally dropping back to Earth. The price of a gallon of regular gas averaged an all-time high of $4.33 in the U.S. Prices had risen a staggering 22% between February 21 and March 14. This is the largest jump ever recorded in a three-week span. Now, the market is swinging the other […]
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