Oklahoma Governor Kevin Stitt joined local leaders in Chickasha to unveil plans for a major new industrial park and power generation initiative— projects representing the largest single private investment in the city’s history. Spearheaded by Chet Hitt, the development of the industrial park is projected to attract high-demand industries, potentially creating thousands of new …
June 5, 2025 archive
Crude oil prices increased on word of China’s agreement to hold trade talks
China’s agreement to hold more trade talks with the U.S. sent crude oil prices up on Thursday. The gain came a day after prices dropped 1% because of growing gasoline and distillate stockpiles in the U.S. Global benchmark Brent crude rose 48 cents or 0.7% to settle at $65.34 a barrel. U.S. standard, West …
Federal Reserve Bank report sees only moderate electric generation growth in region
The latest so-called Beige Book on economic conditions as described by the Kansas City Federal Reserve Bank indicated there was moderate growth when it comes to electric power generation in the states that make up the Tenth District, including Oklahoma. At the same time, electric rates will likely continue to rise. “Electric power …
Data center proposed for Luther? Residents raise questions
Another of the latest prospects for a data center in Oklahoma is in the eastern Oklahoma County town of Luther and it’s being met with some skepticism and lots of questions from some residents. A recent town-hall meeting was held where some details were offered by a representative of Beltline Energy, a firm headquartered …
Drilling could still occur near New Mexico’s historic Chaco Canyon
Native Americans and environmental activists in New Mexico are fearful the Trump Administration’s Department of the Interior might reverse protections for the historic region of the state known as Chaco Canyon. The Interior Department sent a late May letter to tribal governments indicate it is giving consideration to the reversal which would “open the …
$5.5 million repair project underway to Lake Texoma Roosevelt bridge
Hours after the Oklahoma Transportation Commission on Monday approved $5.5 million in emergency repairs caused by flooding to the US-70 Roosevelt bridge causeway over Lake Texoma, crews began the repairs later that night. The causeway in Southeastern Oklahoma was severely damaged due to recent storms and flooding in the area. Engineers closed the bridge and causeway …
SPP works on solving the grid’s ability to meet growing electricity demands
The Southwest Power Pool just entered into a contract with Hitachi, Ltd. to come up with a solution to what the grid calls “imminent problems” slowing the modernization of the nation’s energy infrastructure. With announcements of major industrial sites and data centers popping up across Oklahoma and other states, the SPP is dealing …
PSO says power plant will meet future energy needs
This week’s Oklahoma Corporation Commission approval of the Public Service Company of Oklahoma’s purchase of the Green Country Power Plant in Jenks even got PSO’s parent company, American Electric Power excited about the deal. AEP issued its own press release announcing the approval saying it will “enhance PSO’s capacity to meet the rising energy …
Williams makes it official…it’s trying again to build natural gas pipeline in New England
Despite being rejected twice in the past few years, Williams Cos. is officially trying to revive construction of two natural gas pipelines into New England. Spurred by the Trump administration’s recent agreement to allow construction of New York’s offshore wind project, the Tulsa company is trying to win approval of its pipelines, even …
Energy briefs
** A Louisiana jury has ordered Chevron to pay more than $744 million in damages for destroying parts of the state’s coastal wetlands through its oil and gas operations, The Guardian reported. ** The federal government handed $7 billion to California to build a high-speed rail line, but the Golden State never laid a single foot of track, according …
