Photo: Texas Park And Wildlife For now, officials at the Texas Parks and Wildlife Department say fracking and an oil boom in southwest Texas had nothing to do with damage to one of the world’s largest spring-fed swimming pools in Balmorhea State Park. It was recently when a section of concrete wall collapsed, leading some …
June 18, 2018 archive
New report says Oklahoma’s manufacturing efforts are just average
A 2018 Manufacturing and Logistics Report Card issued by Indiana’s Ball State University gives Oklahoma only average grades. The University’s Center for Business and Economic Research noted Oklahoma experienced a decline in two-year growth in manufacturing value added between 2014 and 2016. The report card gave a “C-minus” to Oklahoma for manufacturing and a “C-plus” …
Icahn makes one final plea to SandRidge Energy shareholders to oust board
Carl Icahn made one last-ditch plea to SandRidge Energy shareholders on Monday to dump the company’s existing board of directors and vote for his candidates. His plea came one day before the company’s annual meeting is held in Oklahoma City. In a June 18 filing with the U.S. Securities Exchange Commission, Icahn was critical of …
Sen. Lankford brags about Oklahoma’s economy to U.S. Senate
Oklahoma U.S. Sen. James Lankford recently spent a few minutes on the floor of the Senate boasting about how the economy has grown in Oklahoma, thanks in part he said to tax reform. “Let me just pause and read a couple of headlines and give good news,” said the Senator in his remarks. Oklahoma revenues …
Solar power is growing in rural areas of Oklahoma and the U.S.
As Ron Hays at the Oklahoma Farm Report notes, more farmers in the U.S. are taking advantage of solar power for their electricity needs. Federal tax credits and lower costs are spurring more solar growth in rural areas. While Oklahoma does not have much commercial solar development, it is growing. OGE has created three solar …
Bixby residents in fight against Wind Catcher transmission lines
PSO’s $4.5 billion Wind Catcher project faces opposition not only from residents in the city of Bixby, but city leaders too. At a recent Bixby city council meeting, citizens stepped forward with their fight against PSO’s plans to construct a high capacity power transmission line carrying electricity from a massive wind farm in the Panhandle …
Oklahoma Regulators to vote on OGE rate reduction
After waiting for a recommendation from an Administrative Law Judge, the Oklahoma Corporation Commission will meet Tuesday to formally adopt a $64 million rate reduction agreement with Oklahoma Gas and Electric Company. The ALJ recommended last Friday that the state move ahead with the agreement reached by Attorney General Mike Hunter. Commissioners had hoped to …
Midstates Petroleum corrects statements made by SandRidge Energy
Tulsa’s Midstates Petroleum Company says SandRidge Energy got it wrong in making some statements about the efforts of Midstates to merge with the Oklahoma City company earlier this year. In response to a Friday statement by SandRidge, Midstates said it was “inaccurate.” “While SandRidge has offered a non-disclosure agreement to Midstates, it would require Midstates …