From filing suit against the EPA over ozone emissions to challenging the government listing of the lesser prairie chicken as endangered, they are among the legal challenges undertaken by Oklahoma Attorney General Gentner Drummond in his first 100 days in office. Drummond joined a lawsuit against the Fish and Wildlife Service over its listing of …
Quick review of other energy stories
** The Pentagon is sounding alarms over Biden administration plans to advance offshore wind projects along the central Atlantic US coast, warning that almost all of the new terrain eyed for development conflicts with military operations. ** A federal appeals court on Monday overturned Berkeley, California’s first-in-the-nation ban on natural gas in new construction, agreeing …
Crude settled down more than 2% and OK energy stocks lost as well
Not only did crude oil prices turn lower on Monday but so did Oklahoma energy stocks as some fell 3% to 4% in the day’s trading. The cause? The U.S. dollar grew stronger and there are lingering concerns that there will be a possible interest rate hike by the U.S. Federal Reserve in May. …
Increased oil and gas production anticipated in Anadarko basin in May
Oil and gas production is expected to increase in the Anadarko Basin according to a new report from the U.S. Energy Information Administration. The Drilling Productivity Report showed production in the basin, which includes Oklahoma, will got from 450,000 barrels oil a day in April to 458,000 by May. Natural gas production will also climb …
Regulators to review PSO’s latest rate hike request
A proposed PSO rate hike that one opposing group said would cause job losses will be reviewed this week by Oklahoma Corporation Commissioners. It will come on the same day the regulators might vote on a final order approving the utility’s request for approval of its $2.4 billion renewable energy project involving the acquisition …
Report gives high marks to Oklahoma’s economic outlook
Oklahoma Gov. Kevin Stitt just got some added fuel in his effort to convince state legislators to do something about lowering taxes. Oklahoma’s economic outlook ranks 5th best in the nation in a new scorecard announced by the American Legislative Exchange Council. Number one honors went to Utah for the 14th consecutive year as …
Wednesday to be another critical fire danger day in Oklahoma
Oklahoma is anticipating another crazy critical fire day on Wednesday. Temperatures will range from the upper 70s to the low 90s in some regions while the winds will be 25-30 miles an hour with gusts in the 40 to 50 mph range, according to the Oklahoma Mesonet. “Wednesday will be a rotten summer day …
Drone maker Kratos to triple Oklahoma City workforce
The workforce will be tripled as a result of high demand for the unmanned jet-powered unmanned drones manufactured at the Kratos Defense & Security Solutions plant in Oklahoma City. The company recently held a celebration of its 100th MQM-178 Firejet high-performance jet powered target drone aircraft produced at the Kratos Unmanned aircraft manufacturing facility …
Not your everyday gas thieves
The three men sitting in a Texas jail aren’t there for just a simple siphoning of gas from a car. No, they’re held on charges of running an organized fuel ring in which they allegedly stole 18,000 gallons of gas from one station. As Fox News reported, it happened at Rickey Rockets gas station …
Treasurer discusses health of Oklahoma economy
A sound but moderating Oklahoma economy. It’s how State Treasurer Todd Russ describes the state’s financial situation. In a special edition of the Oklahoma Economic Report, Russ reflects on the gross receipts taken in by his office and what it says about the state of Oklahoma’s economic conditions. Click here for the Economic Report …
