Crude oil prices gained about 2% on Friday and Oklahoma energy stocks recorded positive gains as well. It was the first weekly gain for crude oil since the middle of April and came about as a US trade deal with the United Kingdom produced optimism about investors. Both Brent and WTI finished up …
May 9, 2025 archive
PSO announces Teacher Vision grants
Greenhouses for 3rd graders at Oologah Upper Elementary, a weather lab at Ketchum Middle School, and racing drones for Bixby High School students are just some of the projects funded by 2025 AEP Teacher Vision Grants, Public Service Company of Oklahoma (PSO) announced. The 24 American Electric Power (AEP) Teacher Vision grants …
Oklahoma highway projects to be funded by $275 million in bonds
Within the Oklahoma State Treasurer’s Office is the Oklahoma Capitol Improvement Authority (OCIA), which took official action with financing a $275 million infrastructure package in partnership with the Oklahoma Department of Transportation (ODOT). Approved earlier this year by the OCIA Board as authorized by the Legislature, the bond financing will fund major transportation improvements across …
Senators file legislation to lower broadband costs such as those in Oklahoma
U.S. Senators Markwayne Mullin (R-OK), Mark Kelly (D-AZ), Mike Crapo (R-ID), and Kevin Cramer (R-ND) introduced the Lowering Broadband Costs for Consumers Act of 2025 to direct the Federal Communications Commission (FCC) to require proper contributions to the Universal Service Fund (USF) from edge providers and broadband providers. Requiring edge providers to cover associated costs for …
Legislator argues bill sent to Governor allows public funds to be handed out behind closed doors
Closed-door actions allowed under a bill approved by the Oklahoma House of Representatives concern Rep. Tom Gann, the Republican from Inola. He voted against Senate Bill 987 which was approved on a House vote of 62-30 and debated against the measure. The Senate had already approved the bill on a 30-15 vote. “Senate Bill 987 …
First quarter financial results of lithium miner Stardust Power coming this week
Oklahoma’s new lithium refinery developer, Stardust Power, Inc. plans to release its first quarter 2025 financial results on Wednesday, May 14. The results will be made public after the close of markets and company founder and Chief Executive Officer Roshan Pujari along with his Chief Financial Officer Uday Devasper will hold a conference …
Energy briefs
** Texas lawmakers approve legislation to require nearly every solar and wind farm in the state to back up their energy production with gas-fired power plants or batteries or face a steep fine, potentially shutting down thousands of megawatts of existing projects. ** Duke Energy blames a slithering snake for causing the May 5 power …
Congressmen want to undo protection for Permian Basin lizard
Congressmen from Kansas and Texas, claiming a threatened lizard is threatening the U.S. oil and gas industry in the Permian Basin, have filed a measure to reverse the federal endangered species status given the animal by the Biden administration. Rep. August Pfluger (R-TX) and Rep. Tracey Mann (R-KS) filed their Limiting Incredulous Zealots …