An Oklahoma family’s fight against abandoned oil wells and what it did to their farm…it’s the subject of an article by ProPublica. The story focuses on the small farm acquired by Stan and Tina Ledgerwood near Maysville and their nightmare in dealing with a former oil well. ProPublica investigated along with two other news …
May 2024 archive
Thousands without electricity power following night of tornadoes
Nearly 40,000 customers of utilities in Oklahoma were without power following Monday night tornadoes that danced around the state, including one that hit the northeast city of Barnsdale, killing one person. Most of those without electrical power were customers of Oklahoma Gas and Electric. By Tuesday afternoon, crews had already restored power to …
Energy briefs
** Fewer Americans today see climate change as a “very serious” problem than they did three years ago, according to a new survey released Monday. The Monmouth University poll, conducted on April 18-22 shows a 10-point decline in Americans who says climate change is a “very serious” problem, falling from 56 percent in September 2021 to 46 percent …
More workers are being let go at Tesla
Tesla isn’t finished with its layoffs. More layoff notices were sent out Sunday night as Elon Musk moves ahead with his plan to cut more than 10% of the company’s workforce. It marks the fourth straight week of layoff notices reported Business Insider. Click here for Business Insider
Crude oil prices had mild response to latest ceasefire talks between Israel and Hamas
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 …
Oklahoma gas prices—still some of the cheapest in the region
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 …
Canoo reverses decision to locate headquarters in Arkansas
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 …
Bill approved to ease shortage of workers in electrical industry
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 …
Indian tribes present a dilema for Interior Secretary over a large transmission line project
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 …
Texas grid faces challenges over climate change efforts
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 …