Not only did crude oil prices drop about 1% in Tuesday’s trading, but several Oklahoma energy stocks had losses of 3% and 4%. Crude slipped due to increased U.S. production and to growing optimism over the possible for an Israel-Hamas ceasefire. West Texas Intermediate crude in the U.S. fell 70 cents or 0.9% to $81.93 …
A Congressional subcommittee exploring the government’s attempt to create an EV and alternative fuel movement nationwide was cautioned by an official of Oklahoma City-based Love’s Travel Stops to allow private enterprise and consumers develop the transition…not the government. Kim Okafor, General Manager of Zero Emission Solutions for Love’s Travel Stops and Trillium Energy testified …
Western Oklahoma is the apparent target zone for some of the latest severe weather threatening the state. Oklahoma Climatologist Gary McManus wrote this week, “The setup is nothing like last weekend, however. The threat will be a bit more substantial Wednesday, but tornado risk will still be considered “low,” at least at this time.” What looms …
Oklahoma Corporation Commissioner Bob Anthony just received another call of support in his public records request for an Attorney General’s opinion regarding Anthony’s move to get 2021 winter storm cost records released to him. Russell Ray, a Republican candidate running for Oklahoma Corporation Commissioner, is urging the commission to promptly release public records …
See that? It’s the nation’s first drop in wind-powered electricity, according to a new report from the U.S. Energy Information Administration. It blames slower wind speeds and a maturation of the wind industry. In other words, despite the growth of wind farms across Oklahoma, Texas, Kansas and other states, the amount of electricity generated by …
Southwestern Energy Company, the Houston firm in the midst of a proposed merger with Chesapeake Energy filed an amended report with the SEC this week indicating it won’t be able to hold an annual meeting of shareholders within 120 days of the end of its 2023 fiscal year. Because the Federal Trade Commission is still …
Ah, good old politics. It’s at play in Colorado where Gov. Jared Polis announced this week a “truce” between the oil and gas industry and its longtime environmental opponents. Why the truce? So the governor could get what he wants—revenue for new public transit funding. And what source? Of course, oil and gas. …
Mammoth Energy Services will hold its annual stockholders meeting on June 12 in Oklahoma City. The company’s filing of a proxy statement with the Securities Exchange Commission explained the meeting will be held at 14201 Caliber Drive Suite 300 starting at 9 a.m. Stockholders are asked to elect six directors to the board, approve …
Challenges keep mounting for Tesla. Thousands are being let go because of falling sales of electric vehicles across the U.S. and into Europe. The latest? Two Tesla senior executives are being let go along with hundreds more employees according to a report by The Information on Tuesday, citing the CEO’s email to senior managers. …
Governor Kevin Stitt made it official—Oklahoma is the latest state to join others in adopting permanent Daylight Saving Time instead of changing clocks twice a year. Tahlequah Sen. Blake Cowboy Stephens authored SB1200 which was signed into law last Friday by the governor. The measure provides that the State of Oklahoma shall adopt permanent …
