**President Joe Biden has “no plans” to meet with Saudi Crown Prince Mohammed bin Salman next month after the kingdom moved to cut international oil production in line with Russia, a senior White House official said Sunday. ** Investors are worried that the US could flood the market with more oil from the Strategic Petroleum Reserves, according to Energy …
October 17, 2022 archive
LSB to be part of conference seeking investors
Oklahoma City-based LSB Industries plans to be on hand next month at the Morgan Stanley Global Chemicals, Agriculture and Packaging Conference in Boston as it seeks possible new investors. The conference at the Four Seasons Hotel in Boston will be held on Wednesday, November 9. LSB’s Executive Vice President and CFO Cheryl Maguire will …
New North Texas lake is dedicated
North Texas officially has another lake. The North Texas Municipal Water District (NTMWD) officially dedicated Bois d’Arc Lake in Fannin County, TX, celebrating the completion of the state’s newest major reservoir. Around 300 officials attended the ceremony near the lake’s dam and spillway. The surging growth of North Texas underscores the need for additional water …
Icahn not optimistic about U.S. economy
Billionaire Carl Icahn, owner of CVR Energy, a firm with a refinery in southern Oklahoma is high on the energy company. Speaking recently at MarketWatch’s Best New Ideas in Money Festival, he was so enthused about the firm in which he acquired 80% interest 10 years ago, he admitted it was his pick for …
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