With apologies to sausage makers, but that’s what it felt like watching Oklahoma Corporation Commissioners on Thursday discuss the details of what to do with the ratehike request sought by Public Service Company of Oklahoma. Even then, the commissioners did not vote on the issue and instead, recessed the meeting until Friday afternoon so …
Thursday produced a break in a three-day series of losses for crude oil as prices gained more than $2 a barrel and Oklahoma energy stocks recorded gains of 5% to 8%. The big gains and jumps in oil prices came one day after the U.S. Federal Reserve kept benchmark interest rates on hold. West Texas …
A lawsuit has been filed by the families of six Tishomingo teenage girls killed a year ago in the crash of their small car with a rock-hauling semi-truck. They filed suit in Johnston County District Court against the Oklahoma Department of Transportation, blaming the agency over the design of a highway intersection for the …
Temperatures into the 70s are in the weekend forecast across Oklahoma and no doubt those residents of the northeast part of the state want it to quickly turn warmer. Oklahoma Climatologist Gary McManus reported this week the 16 degree readings on Nov. 1 were the lowest temperatures ever recorded on a Nov. 1, at …
ALLETE, Inc. one of the major wind farm operators in Oklahoma and headquartered in Minnesota recorded increased earnings in the third quarter. The company’s earnings were $1.49 per share on net income of $85.9 million, far better than a year ago when earnings were 59 cents a share and $33.7 million. “We are pleased …
Crude oil stocks made slight gains both at the Cushing Hub and nationwide in the past week, according to a new report from the U.S. Energy Information Administration. Cushing made a gain of 300,000 barrels of crude oil from October 20 when it held 21.2 million barrels. By October 27, the amount held at …
OGE’s parent company, OGE Energy Corp. reported lower earnings of $1.20 per share in the third quarter of the year. The earnings compared to $1.31 per share a year ago. OGE Energy’snet income was $241.9 million or $1.20 per diluted share in the third quarter, compared to earnings of $262.8 million, or $1.31 per diluted share, in the same period 2022. …
Yes, this is the weekend we turn out clocks back one hour as Daylight Saving Time ends. It officially starts at 2 a.m. on Sunday, November 5. AAA is out with a warning that in turning back our clocks, it could mean sleepy drivers. That’s why the organization supports Drowsy Driving Prevention Week, which …
Chesapeake Energy said this week it recorded the fastest drilling program performance of all-time in its operations in the Marcellus play. The company averaged 1,367 feet a day during the third quarter and it also included four of the top 10 longest laterals in company history. Chesapeake revealed its personal best drilling record in the …
The headline said it all—-“Williams Reports Strong Third-Quarter Results.” Williams, in a release Wednesday of its quarterly financial report said its continued strength in base business delivers another quarter of solid financial results. What kind of results? How about net income of $654 million or 54 cents per diluted share, an increase of 10% …
