About 250 steel workers laid off last month at the Evraz Rocky Mountain Steel Mill in Pueblo, Colorado are expected back on the job in a few weeks. Eric Ludwig, president of the United Steelworkers Local 2012, told the Pueblo Chieftain explained they were temporary layoffs and all let go in January should be …
February 2, 2024 archive
Oklahoma’s oil and gas revenues aren’t improving
Oklahoma’s tax revenue for January rose nearly 8%, but State Treasurer Todd Russ says unfortunately, gross production tax revenue from oil and gas in the state fell more than 12%. All tax sources total $1.51 billion for January, up $107 million, or 7.6 percent, when comparing to January of last year. Revenue from the …
Increasing gasoline prices return to Oklahoma
Yes, gasoline prices are edging back up. AAA Oklahoma reported going into the weekend how prices rose in the state and across the country. The national average for a gallon of gas rose by a nickel since last week to $3.15. The upward trend is likely a combination of oil costs edging into the …
US boosts oil production while rig activity slipped in past week
While the U.S. has become the largest producer of crude oil in the world, the number of drilling rigs dropped by two in the past week to settle to 619 according to the latest Baker Hughes Co. report released on Friday. The number of oil drilling rigs was unchanged at 499 while the number …
Alliance is formalized between Rose State College and Tinker Air Force Base
Rose State College and The Oklahoma City Air Logistics Complex (OC-ALC) at Tinker Air Force Base (AFB) have formalized a strategic alliance to advance STEM education and enhance additive manufacturing instruction. This partnership was recently celebrated with a donation from the Tinker REACT Lab and a ceremonial signing. The Tinker REACT Lab donated a cutting-edge 3D …
Newspaper urges funding for OKC’s Air Traffic Control Academy
Words of caution about the FAA farming out its training of air traffic controllers They came recently from the Enid News & Eagle which came out in support of full congressional funding for the training academy in Oklahoma City. Here’s how the newspaper put it: Oklahoma has a tradition of producing well-trained air traffic …
NextEra Energy funds band equipment for Bray-Doyle schools
NextEra Energy, the company with several wind farms in Oklahoma, recently made a donation to help the high school band at Bray-Doyle Public Schools. A new 24-foot trailer will help the school haul band equipment. The donation was made by Rush Springs Wind,part of NextEra Energy Resources. The Duncan Banner reported BDPS Superintendent Dr. …
What Scott Mitchell and Jerry Bohnen are talking about on energy
As the first day of the Second Regulator Session of the Oklahoma legislature opens on Monday, we set the stage for an Energy Transmission Policy Debate.
Energy quick reads
** Georgia Power Co. said Thursday that vibrations found in a cooling system of its second new nuclear reactor will delay when the unit begins generating power. ** ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions. The two biggest US oil companies, which have …
Crude oil and OK energy stocks dropped on Friday
Crude oil prices dropped about 2% on Friday and Oklahoma energy stocks suffered too with one firm dropping 9%. The Friday drop in oil resulted in weekly losses because U.S. jobs data sharnk the odds of imminent interest rate cuts n the world’s large economy, reported Reuters. Another factor that affected prices was weak growth …
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