From a 27% drop to a 33% gain. It’s what has happened to stock in EV manufacturer Canoo. Investors in the company with a manufacturing plant in Oklahoma City and a battery operation in Pryor will learn Wednesday the latest financial status of the company. Canoo plans to report its third quarter financial results …
Bermuda-grass farmer Don Eckroat of Oklahoma City isn’t giving up on his fight against a Phillips 66 crude oil pipeline project going through his property. He’s now complaining how the construction that started in the last few weeks resulted in an 80-foot wide path across his property and also flooding. KFOR TV News reported …
As Bitcoin soared to an alll-time high of nearly $85,000 this week, in part according to some analysts, over the re-election of Donald Trump and his promise to create crypto-friendly legislation, a bitmining operation supported by the state of Oklahoma is still in the expansion stage near Muskogee. For now, the 42-acre site is …
The Biden administration’s Environmental Protection Agency just implemented another restrictive rule on the oil and gas industry—a fee for flaring. The EPA took the final steps in its crackdown on methane leaks and did so as part of the Inflation Reduction Act. It is considered to be a move that will make it more difficult …
** The incoming Trump administration plans to shrink two national monuments in Utah shortly after taking office, which will open hundreds of thousands of acres of federal land to oil and gas drilling and uranium and coal mining. ** The Biden administration plans to release a blueprint for an additional 200 GW of nuclear power by 2050, …
The next head of the Environmental Protection Agency will be former New York Congressman Lee Zeldin. He was chosen by President-elect Donald Trump but apparently doesn’t have much environmental experience. The GOP Representative, however, is a longtime supporter of Trump. In the first Trump administration, former Oklahoma Attorney General Scott Pruitt was chosen …
Another 2% fall was recorded for crude oil prices on Monday and traders said it was because investors were disappointed in the latest stimulus plan from China. The decline was on top of a 2% drop recorded on Friday. West Texas Intermediate crude dropped $2.34 or 3.32% at $68.04 a barrel on the New …
A month after Chesapeake Energy and Southwest Energy officially merged into a newly named firm, Expand Energy, details of the removal of one of the executive officers was revealed in a filing with the Securities Exchange Commission. Benjamin E. Russ was removed as Executive Vice President, General Counsel and Corporate Secretary of the …
The Oklahoma Supreme Court on Tuesday is set to hear arguments in the efforts of three Republican state Representatives to prohibit Corporation Commissioner Todd Hiett from voting on rate cases involving ONG, OGE and PSO. Oral arguments are scheduled for 2 p.m. in the writ of prohibition (PR-122513) sought by Reps. Gann, R-Inola, …
Oklahoma Corporation Commissioner Bob Anthony came out with a scathing response to a recent Attorney General’s opinion against his own investigation into allegations against Commissioner Todd Hiett. In an op-ed piece, Anthony was also highly critical of Commission Chair Kim David. He vowed not to take part in closed-door meetings of the commission …
