Sen. Mark Mann, D-Oklahoma City, Sen. Bill Coleman, R-Ponca City, and the Greater OKC Chamber are celebrating a vote by the North Central Texas Council of Governments’ Regional Transportation Council on Thursday to provide $3.5 million in regional toll revenue funds to continue service of the Heartland Flyer for one year. Oklahoma’s only …
July 10, 2025 archive
Crude oil took a 2% tumble on Thursday
The tariffs President Trump threatened this week on Brazil and also on on copper, semiconductors and pharmaceuticals sent crude oil prices falling 2% on Thursday. The White House also sent tariffs letters to the Philippines, Iraq and others and the result was a decline in oil prices. Global benchmark Brent crude dropped $1.55 or …
2Q results for NextEra Energy coming this month
NextEra Energy, the company fighting to win approval for a 5,000 acre solar farm in northeast Oklahoma, plans a release of its second-quarter earnings report later this month. The company, headquartered in Juno Beach, Florida, says it will report the results before the opening of the New York Stock Exchange on Wednesday, …
Sen. Lankford says Oklahoma’s oil and gas industry received immediate relief when OBBB became law
Oklahoma U.S. Sen. James Lankford says the minute President Trump signed the One Big Beautiful Bill into law last week, Oklahoma oil and gas exploration companies received immediate relief. In an interview with OK Energy Today, the Republican Senator explained the OBBB immediately eliminated a tax created by Democrats on oil and gas, the …
Dry conditions return quickly to Oklahoma
There’s a good reason why some of your garden or flowers are drying up so quickly after last week’s rainfall in the state. Dry conditions are quickly returning and they have the attention of Oklahoma Mesonet Climatologist Gary McManus. *This is a gentle reminder that D0 (i.e., that yellow color on the Drought Monitor map) …
Bridge rehabilitation and repair projects to begin fall 2025; Stroud service plaza closure set for July 15
Two SH-364/Creek Turnpike bridges over Haikey Creek in Broken Arrow will undergo rehabilitation beginning in October after the Oklahoma Turnpike Authority Board awarded a nearly $72 million construction contract. The project was awarded on Tuesday to OBC Inc. during the Board’s monthly meeting. The 25-year-old bridges will have their concrete deck, parapets and …
Energy briefs
** U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects. ** Colorado regulators hold off on enforcing a rule banning government entities from using small gas-powered lawn equipment that went into effect last …
Landman—fun to watch but hard to believe
One thing the popular TV series “Landman” did was raise awareness of the oil and gas industry, albeit in a dramatic presentation. Okay, maybe an “overdramatic” presentation? Makes for good TV right? But in reality, it’s not close. Forbes magazine recently focused on what real “landmen” or “women” do and quickly learned the TV …
Mach Natural Resources LP announces $1.3 billion in acquisitions in the Permian Basin and San Juan Basin
Mach Natural Resources LP announced it has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy, LLC, and another to acquire entities owning oil and gas assets managed by IKAV Energy Inc. The combined consideration for both transactions is approximately $1.3 billion, subject to customary …
Feds appeal Datoka Access pipeline ruling
A federal judge’s decision to award North Dakota $28 million in damages for the executive branch’s response to the Dakota Access Pipeline protests is being appealed by the U.S. Justice Department. North Dakota sued the government in 2019 claiming that the Army Corps of Engineers had unlawfully allowed protesters of the Dakota Access Pipeline to …
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