Tuesday brought another gain in crude oil prices as they reached multi-month highs for the second straight trading session. It appears the prices rose as investors and traders considered the impact of Ukrainian drone attacks on Russian refineries West Texas Intermediate crude went up 75 cents or 0.9% and settled at $83.47 a barrel …
Attorney General Gentner Drummond is warning Oklahoma consumers about a rise in scams involving “Bitcoin ATMs” that are leaving victims with depleted bank accounts. “Bitcoin ATMs” are virtual currency kiosks located in grocery stores, gas stations and malls. They look like traditional ATMs but they allow individuals to purchase and send virtual currencies such as Bitcoin, Ethereum and …
Updates will be given Wednesday on the progress of Oklahoma’s use of $374 million in federal funding for the expansion of broadband service to rural areas of the state. The Oklahoma Broadband Expansion Council will meet at 10 a.m. on Wednesday in its capacity as an advisory board to the State Broadband Office. …
Recent SEC filings showed how BlackRock investment had reportedly eased its anti-oil and gas stance and actually held investments in Oklahoma oil and gas firms. But in Texas, the company learned this week, its $8.5 billion investment contract with the Texas State Board of Education was terminated, ripped apart, stopped and otherwise thrown in …
Enel Green Power has run into more opposition for another of its wind farms. This time, the company’s Cedar Run Wind Project faces a possible moratorium on any wind farms in Lincoln County. County Commissioners have voiced their support for a moratorium and will officially decide next Tuesday in Chandler. Apex Clean Energy has …
Canoo announced this week its Oklahoma City manufacturing plant has been approved as a Foreign Trade Zone by the U.S. Department of Commerce. The company said the declaration is a signifcant milestone that will accelerate the company’s Made in America electric vehicle manufacturing strategy, improve unit profitability and enable “a faster path to breakeven.” …
As farmers and ranchers recover from the deadly and devastating wildfires that burned more than 1 million acres in western Oklahoma and the Texas Panhandle, firefighters remain alert for the spread of more fires this week. The Oklahoma Forestry Division stated Tuesday that areas of “elevated fire weather and high to very-high fire danger” …
The top man at ConocoPhillips, Ryan Lance, has joined the list of those urging the Biden administration to lift its freeze on LNG export licenses. In an interview with Bloomberg TV this week, Lance said the pause should come to an end after the November presidential election. “Customers are getting uncertain about where the …
Republican legislators in New Mexico are trying to reason with state leaders who are implementing a pause on new oil and gas leaseson state land. The plan was announced recently by the State Land Office which stated it would not open new leases on hundreds of acres of land. Rep. Rod Montoya of …
Electric vehicle drivers are quickly learning that as they travel from state to state, they’re facing a big range of prices for the electricity they need at charging stations, just as they learned in gas prices in different states. A study by Stable.Auto, an EV charger software developer, found that most states average between …
