Tulsa-based Empire Petroleum announced third quarter financial results this week showing $14.8 million in recorded revenue with net income of $0.2 million or one cent a diluted share. Adjusted net income was $3.7 million or 16 cents per diluted share. The firm stated it generated adjusted EBITDA of $4.8 million or $23.36 per barrel …
November 15, 2022 archive
Oklahoma shares in settlement of lawsuit against Google
Oklahoma will get nearly $7 million as its share in a $391 million settlement Google reached with 40 states who sued over the company’s location tracking practices. Attorney General John O’Connor announced the state’s share of the agreement according to the McCarville Report. Click here for McCarville Report
Workers who built Tesla’s Austin plant plan to sue over work conditions
Tesla is about to be sued by construction workers at the company’s Austin, Texas gigafactory who maintain there have been serious labor and employment violations, including wage theft, constant hazards and onsite accidents. The workers indicated they would file a complaint with the federal Department of Labor according to a report by the Guardian. Click …
Energy bills among those filed in Texas legislature
Among the 800 bills filed this week in the Texas legislature are some that would making building renewable energy facilities more difficult. One would increase setback requirements on the location of wind turbines according to the San Antonio Report. Click here for San Antonio Report
Other energy headlines
** Campaigning in Georgia on Sunday, Republican Senate candidate Herschel Walker said the United States is not ready to implement policies like the Green New Deal that are designed to address climate change. Instead, Walker suggested the country needs to “keep having those gas-guzzling cars” that produce “good emissions.” ** The U.S. is facing a diesel crunch …
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