Crude oil futures were mostly unchanged in Monday’s trading but Oklahoma energy stocks recorded gains for the day. Those elusive ceasefire talks between Hamas and Israel continued playing a role in what happened to crude oil prices. West Texas Intermediate crude, the U.S. benchmark, dropped 37 cents or 0.5% to $78.48 a barrel on the …
It may not feel like it, but Oklahoma has some of the lowest gas prices in the region. Only Arkansas gas is cheaper in the six states surrounding Oklahoma. Although gasoline inventories were up nationwide, they actually fell in the Midwest. Pump prices in the Sooner State averaged three dollars, 20-and-a-half cents a gallon …
EV manufacturer Canoo Technologies has backed out of a previously announced decision to relocate its corporate headquarters from Texas to Bentonville, Arkansas. It is the latest financial challenge for the struggling company. Instead, the company plans to prioritize its efforts at the EV car plant in Oklahoma City. What happened? Arkansas Business reported that …
Gov. Kevin Stitt signed into law a bill that modifies continuing education requirements for electrical contractors, journeymen and apprentices. House Bill 3215, authored by Rep. Kevin West, R-Moore, seeks to address the worker shortage facing the electrical industry. “This bill was the work of many groups and individuals in the industry coming together to address …
Native American tribes in Arizona have gone to court to block construction of a major transmission line designed to carry wind-powered electricity from New Mexico and across Arizona to California. The line has the support of Interior Secretary Deb Haaland, a Native American from New Mexico who might have to decide whether she supports …
Researchers at Enverus Intelligence project that demand for electricity could double and threaten the West Texas power grid by 2040. Efforts to reduce emissions and the developing world of cryptocurrency are coming on strong. Rigzone.com reports that the researchers say the electrification of oil and gas assets in the Permian Basin would be the …
A Tennessee solar company was recently fined more than $220,000 and banned from doing business in the state of Kansas following what prosecutors called “unconscionable and deceptive acts and practices.” The action by the District Attorney in Wichita came after customers of Design 1 Group LLC complained about its work and sales efforts. …
SandRidge Energy plans to release its first quarter 2024 financial results after the close of markets on Tuesday, May 7. The company leaders will follow up the release with a conference call to be held Wednesday, May 8 at 10 a.m. central time. The Oklahoma City company is coming off a fourth quarter where …
Oklahoma U.S. Sens. James Lankford and Markwayne Mullin are among those in congress who are fighting efforts to make sure automakers include AM radio in their vehicles. Both signed on as co-sponsors of the AM Radio for Every Vehicle Act which has the support of 60 members of the Senate. The legislation would direct …
** Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett‘s conglomerate, all of which the billionaire investor and his board opposed. ** The rupture of a Louisiana pipeline that released 107,000 gallons of carbon dioxide raises concerns about similar issues among opponents of a proposed carbon pipeline in South …
