The board of directors of ONE Gas, Inc. increased the dividend for the first quarter 2024 by 1 cent per share to 66 cents per share, resulting in an annualized dividend of $2.64 per share. The dividend is payable March 8, 2024, to shareholders of record at the close of business Feb. 23, 2024. …
January 24, 2024 archive
Attorney General praises Governor Stitt over latest tribal compact agreements
Attorney General Gentner Drummond, who in the past has differed with Gov. Kevin Stitt on Indian tribal issues and the state, came out this week with praise for the governor over his signing three new state-tribal compact agreements. The Governor signed tobacco tax compacts with the Chickasaw and Apache nations and approved a car tag …
Crude prices up after surprise drawdown in oil stocks in US
A surprise drawdown in U.S. crude oil storage, including at the Cushing Hub in Oklahoma, sparked a 1% gain in crude oil prices. There was also a slump in the nation’s crude output and combined with a weaker dollar, prices made the increase. US benchmark, West Texas Intermediate rose 72 cents or an even 1% …
Crude stocks dropped again at Cushing Hub and across the U.S.
Crude stocks dropped again across the U.S. and at the Cushing Hub in the past week. According to a report issued by the U.S. Energy Information Administration, the U.S. total in crude oil stocks dropped dramatically from 429.9 million barrels as of January 12 of this year to 420.7 million barrels on the 19th …
PSO wants to increase power resources
Public Service Company of Oklahoma (PSO) has issued a Request for Proposals (RFP) seeking additional generation resources. The RFP seeks up to 1,500 megawatts of additional power generating capacity to be in service no later than December 15, 2028. The RFP includes all sources, such as natural gas, wind, solar and energy storage proposals. …
Oklahoma ranks high for a state to start a new business
A new study by Global Entrepreneurship Monitor shows Oklahoma is the 14th best state in the U.S. to start a new business. Nearly 1 in 5 working adults was a new business owner as of 2022 – up from 12.8% a decade earlier, and the highest rate in at least 20 years, according to the Global …
Governor wants to expand artificial intelligence in Oklahoma
Oklahoma Gov. Kevin Stitt says “Oklahoma truly could be the AI capital of the nation.” He’s released the recommendations of his AI Task Force and wants artificial intellilgence to become a mainstay for the Oklahoma economy. The Task Force suggests the implementation of AI could make the state government more efficient and also support …
Williams hires Biden nominee to be chief Capitol Hill lobbyist
Donald Cravins, Jr. (Photo: Business Wire) Williams Cos. announced this week it managed to grabbed a long-time government offiial and hired him to be Head of Government Affairs and Outreach in Washington, D.C. where he will be the company’s chief lobbyist on Capitol Hill. Donald “Don” R. Cravins, Jr., has been named Head of …
Water shortages developing in Oklahoma small towns
A report by KOCO TV News indicated that several towns across Oklahoma are dealing with water shortages. The Oklahoma Rural Water Association indicated at least five towns in the state reported the need to save water in the past few days. Lawrence Wortham, mayor of Perry said the city water supply “is depleted to …
BlackRock also owns shares in OGE
Still another SEC filing shows BlackRock, Inc. the firm on Oklahoma’s banned list for encouraging an ESG policy that discrimnates against the oil and gas industry, has ownership in yet another Oklahoma energy firm. The latest filing is by OG&E which showed BlackRock with ownership of 24,893,403 shares or 12.4% of the utility. As …
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