Monday’s trading brought a slight gain for crude oil prices, mostly built on worries about tight oil supplies. It also resulted in losses or weak gains for most Oklahoma energy stocks. West Texas Intermediate crude for October delivery gained 62 cents or 0,7% to finish at $85.73 a barrel on the New York Mercantile …
September 19, 2022 archive
Transportation officials defend bond firm’s history of millions in penalties
The Oklahoma Department of Transportation has defended the history of $15 million in penalties and fines for its major bond provider by suggesting it was common for such firms to be involved in litigation. ODOT, also speaking for the Oklahoma Turnpike Authority in answering questions presented by OK Energy Today about the bond …
Oklahoma City water/sewage projects on list for ARPA funds
Water and sewage projects in Oklahoma City, including relocation of a water transmission main that supplies drinking water near Tinker Air Force Base, are among recommendations to receive American Rescue Plan Act (ARPA) funds by the Oklahoma House and Senate Joint Committee on Pandemic Relief Funding. The committee proposes spending $35 million for partnerships with …
Latest Kingfisher County wells in Oklahoma
Oklahoma City’s Hinkle Oil & Gas Inc. has been busy with wells in Kingfisher County, filing completion reports on 3 wells completed in August. The Lincoln Southeast Oswego Unit 88-2ho, located at 29 17N 5W, a few miles southwest of Cimarron City produced 643 barrels of oil a day and 803 Mcf of natural gas from a …
Amazon’s warehouse closings won’t include Oklahoma operations
Oklahoma is not included in the states where Amazon decided to pare back its warehouse operations nationwide. The state’s two major Amazon operations in Oklahoma City and Tulsa will continue while the company canceled 44 other facilities and also delayed the opening of 25 other sites. CNBC reported that Amazon was reducing its physical …
Hot weather is still baking Oklahoma
For those of you who thought just because it is September that we might enjoy some cool weather in Oklahoma—Mother Nature has another answer. Get ready for another round of some of that good ole hot summer time weather….temperatures threatening to approach 100 degrees! The Oklahoma Mesonet’s Gary McManus had the bad news this …
Hurricane raises financial nightmare for OKC’s Mammoth Energy
Once again Puerto Rico is without electrical power after Hurricane Fiona slammed into the country on Sunday, leaving millions in the dark. In all likelihood, Oklahoma City’s Mammoth Energy won’t be helping with power restoration like it did when Hurricane Maria hit the island country in 2017. Here’s why. When Maria left Puerto Rico …
Transparency ordered for Evergy in Kansas
Evergy, the largest electric utility in Kansas has been ordered to be open to the public about its capital spending. The Kansas Corporation Commission issued the transparency order that requires the company to explain its capital spending plan to the public reported The Sentinel. Click here for The Sentinel
Rep. Hern honored for his small business votes
In the eyes of one national business group, Oklahoma congressman Kevin Hern is a “guardian” of small businesses in the U.S. The McCarville Report says the GOP Representative was honored by the National Federation of Independent Businesses. Click here for McCarville Report
Texas energy supplier fined $1 million
Texas-based energy supplier Verde Energy USA has been hit with a $1 million fine by the state of Pennsylvania for an alleged wide range of what the state called “egregious” marketing violations. Among the reported violations was switching customers’ energy supply with their consent reported the Philadelphia Inquirer. Click here for Inquirer
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