October 9, 2023 archive

Hamas attack on Israel sends oil prices up by 4%

The murderous attacks by Hamas that led Israel to declare war sparked major gains in crude oil prices on Monday and Oklahoma energy stocks recorded jumps of 5% and 6%. The gains resulted in crude oil to recover from last week’s steep losses where Brent fell about 11% and WTI dropped 8%. Prices rose on …

Continue reading »

Oil price drop draws attention of Scott Mitchell and Jerry Bohnen

When crude oil prices dropped nearly $12 a barrel, naturally that drew the attention of Scott Mitchell and Jerry Bohnen on their latest podcast of Mitchell Talks Energy With Jerry Bohnen. Why not? It’s a hot topic in the oil and gas industry.

Touring Tulsa and its history of oil

  A young man who grew up in New York City has started an oil historical tour in Tulsa where he now makes his home. Tulsa Tours was founded by Jeffrey Tannehaus and it brings into focus the history of the discovery of oil in Tulsa and how it changed the city. “Many energy and …

Continue reading »

Oklahoma recorded first official freeze of the season

  Yup! It froze in Oklahoma over the weekend. It was also the forecast from State Climatologist Gary McManus who indicated in Monday’s Mesonet update that there is a chance of another freeze soon. Before that occurs, we’ll have a warm week. “Now we go back to the heat of SUMMER Fall before we get …

Continue reading »

Colorado airport to end use of leaded aviation fuel

  Bending to complaints, one metropolitan airport near Denver has decided to switch to unleaded aviation fuel. The Rocky Mountain Metropolitan Airport in Broomfield, located between Denver and Boulder, even bought a $50,000 tanker to store the unleaded fuel. The move is three years ahead of the original plan after nearby residents claimed the ongoing …

Continue reading »

Oklahoma House to study Artificial Intelligence impact

    Out on the farm when you start talking “A-I”, you’re discussing artificial insemination—whether it’s dairy cows, cattle herds or more. So it’s probably wise to get your A-I’s straight. The A-I that will draw attention this week at the State Capitol is artificial intelligence. The Oklahoma legislature plans to look into the issue …

Continue reading »

OKC sees big jump in transit ridership

  While many major cities across the U.S. report a decline in transit ridership, that’s not the case in Oklahoma City where it has increased in the past year. Oklahoma City recorded a 16% increase in transit ridership from 2021 to 2022, according to Body Boyd, Community Engagement Officer for Oklahoma City. He said the …

Continue reading »

Global engineering firm opens Tulsa office

  The Oklahoma Office of Workforce Development reports a  global engineering, technology and consulting company has signed a strategic agreement with Spirit AeroSystems and will open an office to complement Spirit’s operations in Tulsa. The firm, Expleo, will offer Spirit AeroSystems engineering services to support its development of next-generation aerospace projects. Complementing Expleo’s regional headquarters in Wichita, Kansas, the …

Continue reading »

Summit Utilities sued again over billing practices

  Summit Utilities, the Arkansas-based company that has some customers in Oklahoma, finds itself back in court over billing problems that the Arkansas Public Service Commission cleared in August. In the new legal fight, Summit was sued by a physician who accused the utility of “price gouging.” The suit was filed after the Public Service …

Continue reading »

Iowa County to consider how to tax wind farms

  A county in southeast Iowa is considering a new way to tax wind farms. Washington County Commissioners will meet this week to decide if they want to require that wind farms be assessed at a rate depending on their age. Under the proposal, wind farms would see a 0% of the net acquisition cost …

Continue reading »