** President Donald Trump’s repeated interest in taking control of Greenland has not gone unnoticed in Russia. During a Thursday speech, Russian President Vladimir Putin said he considered the U.S. interest in Greenland to be serious, pointing to past efforts to acquire the territory. Greenland has massive deposits of rare minerals that are critical to global …
March 2025 archive
Startup lithium miner Stardust Power releases annual report showing loss
Just a few months after breaking ground on the 66-acre site of a lithium mining operation near Muskogee, Stardust Power Inc., the startup company headquartered in Connecticut reported nearly $24 million in losses for the year 2024. The company released it financial report in recent days and said it incurred a net loss of …
Crude oil prices and OK energy stocks plunged on Friday
Growing worries about the U.S. tariff wars sent crude oil prices falling on Friday. Oklahoma energy stocks finished the week with a poor day in trading as one firm plunged 27%. However, both WTI and Brent were still able to make gains for a third consecutive week, largely because of new pressure by the …
Regulators affirm interim OGE rates adopted last summer
The Oklahoma Corporation Commission (OCC), on a vote of 2 to 1, approved the interim OG&E rates the utility has been charging customers since July 1, 2024. “It’s important to note this is not a new rate increase,” said Oklahoma Corporation Commission Chairman Kim David. “The approved rates are substantially lower than the increase …
Crude oil made slight gains on Thursday
A slight gain in crude oil prices on Thursday came as the market was affected by the tightening of crude supplies combined with new U.S. tariffs. West Texas Intermediate rose 27 cents to $69.92 on the New York Mercantile Exchange. Brent crude went up 24 cents or 0.3% to settle at $74.03 a …
Oklahoma Senate passes its own wind turbine setback bill
A day after the Oklahoma House approved a wind turbine setback bill, the state Senate did the same by voting in support of its own bill. The Oklahoma Senate on Thursday passed a key energy bill from Sen. Grant Green, R-Wellston, that would establish the state’s first residential property setbacks for wind turbines. Senate …
Energy bills get House approval including a long-term effort on a utility measure
Oklahoma’s House of Representatives had a busy Energy Day on Wednesday, passing a number of energy related bills, including the debated HB2747. As promoted and authored by Rep. Trey Caldwell (R-Faxon), the bill focused on transmission projects and the ownership of the projects by utilities. Caldwell has repeatedly denied the measure is a Right …
AG says his probe led to Wells Fargo change in DEI policy
Attorney General Gentner Drummond and 14 other state attorneys general have concluded their investigation into Wells Fargo and Company following that company’s decision to abandon its misguided Environmental Social Governance (ESG) policies. Drummond and the coalition had been investigating whether Wells Fargo and five other American banks — Bank of America Corporation, Citigroup Inc., The …
Groundwater permitting bill wins approval in state Senate
The Oklahoma Senate has advanced legislation to ensure accountability and transparency in the groundwater permitting process. Senate Bill 133, authored by Sen. George Burns, R-Pollard, requires any person applying for a groundwater permit to include documentation of a valid, unexpired driver license issued by the state of Oklahoma or U.S. passport with their …
Behind the Meter legislation passes OK House unanimously
A bill that Marlow Rep. Brad Boles contends will open the door for billions of dollars in new economic development in the state won approval this week in the House of Representatives. House Bill 1374, authored by Boles, R-Marlow, passed the Oklahoma House with a unanimous vote of 86-0. This bill allows private industry …