Oklahoma Congressman Josh Brecheen joined 31 other House members in demanding answers from the head of the SEC about proposed new rules that would allow foreign-ownership of certain private and public lands in the U.S. Foreign ownership, especially by Red Chinese companies, has been banned in some states and certainly has raised the ire …
The growing issue of Right of First Refusal for utilities in Oklahoma comes down to one big question….is it a financial benefit for their customers or will it harm them? Those for ROFR, as it is typically called and those who contend consumers will be hurt by such a law, made their case this …
Public Service Company of Oklahoma is giving its customers an early Christmas gift but one that won’t take effect until next month—lower utility bills. The Tulsa-based company said cusstomers will see a “substantial” reduction on the fuel portion of bills starting in January. The lower bills are the result of reduced natural gas prices …
While Brent and U.S. crude futures finished Friday with a small loss, Oklahoma energy stocks did the same. Crude fell during a session where prices dropped more than $1 a barrel as traders dealt with mixed signals for oil demand. West Texas Intermediate finished down 15 cents or 0.21% to $71.43 a barrel on the …
The Oklahoma Rural Water Association PAC has reached a settlement with the State Ethics Commission over illegal campaign contributions and transfers. The Ethics Commission approved the settlement on Friday after the political action committee self-reported issues with compliance with the Oklahoma Ethics rules. The issues brought to surface included: Over $3,200 of impermissible contributions and …
Rig activity remained steady in Oklahoma over the past week while the nation’s count slipped by 3 to 623 rigs, reported Baker Hughes Co. on Friday. Oklahoma remained at 38 rigs and still far from the 69 rigs reported in the state a year ago. Nationally, the count decline included a drop of 2 …
Senator James Lankford (R-OK), a member of the Senate Select Committee on Intelligence, joined Senator Katie Britt (R-AL), along with 29 other Senate Republican colleagues, in sending a letter to President Joe Biden, Secretary of State Antony Blinken, and Treasury Secretary Janet Yellen urging the Treasury Department to enforce existing sanctions on Iranian steel. …
The $7 billion Grain Belt Express, an 800-mile transmission line designed to carry wind-powered electricity from southwest Kansas and through Missouri and Ilinois and ending in Indiana has faced its share of legal challenges and opposition. Now Invenergy’s massive project faces another—from some of the operators and re-enactors at Fort Larned, Kansas, the historic …
** A Tokyo Gas subsidiary has purchased Houston-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion, Tokyo Gas announced Friday. ** The Biden administration plans to launch a formal review of vinyl chloride, the chemical that spilled in the town of East Palestine, Ohio, in February. This review …
Tulsa’s Unit Corporation issued an explanation how it intends to make payments on three fourth-quarter dividends as it previously announced this month. Each of the three dividends will be paid on December 27 to shareholders of record as of the close of business on December 18, 2023. In an announcement, Unit clarified that since …
