Just as we’ve been stressing the importance of the reliability of electric generation in Oklahoma because of the growth of data centers for the AI industry, the same challenge exists in Texas. And recently the Texas Public Utility Commission was handed a report showing the “disorganized integration” of large loads, including data centers …
July 2025 archive
Increasingly bullish: Oklahoma natural gas rebounds on rising demand and infrastructure
Some positive news about Oklahoma’s oil and gas industry came this week from the Oklahoma City Branch of the Federal Reserve Bank of Kansas City as it released its latest issue of the Oklahoma Economist, titled “Increasingly Bullish: Natural Gas Rebounds on Rising Demand and Infrastructure.” Growth in drilling activity in Oklahoma outpaced the U.S. …
Revenue fell while costs rose for J-B Hunt trucking in 2Q
Arkansas-based J.B. Hunt Transport Services, Inc. felt the pain in its second quarter earnings as income dropped 5.3% for the firm whose big trucks roll daily across Oklahoma and numerous other states. The trucking company had net earnings of $128.6 million or $1.31 a share, down from the second quarter 2024 net earnings …
Albuquerque hopes to become home to $1 billion nuclear fusion research center
The city of Albuquerque, New Mexico is a step closer to becoming home to a $1 billion nuclear fusion research and development center that could create 200 permanent jobs. The New Mexico Economic Development Department and Pacific Fusion announced this week that the company has signed a memorandum of understanding with the state …
New Mexico educational fund gets a record boost from increased royalty rates in Permian Basin
After increasing the state’s royalty rate to 25% on some activities in the Permian Basin, New Mexico announced the largest total in revenue for its permanent fund and educational endowment. The State Land Office said this week it had $56.4 million in revenue from its July oil and gas leases and it was a …
Elite search dog sponsored by Williams graduates to full-time hero
Tulsa’s newest graduate crossed the stage, tail wagging the whole way. Lambo, a search and recovery dog partnered with Tulsa Fire Department Lt. Jeff Leon, was honored during a “Passing of the Leash” ceremony at Williams’ headquarters after …
Meta is expanding its number of data centers
Meta, the company with data centers in surrounding states has plans to build many more of its gigawatt-sized data centers. CEO Mark Zuckerberg said this week the company intends to spend “hundreds of billions of dollars” to bild the centers in order to power AI. The first such data center on the construction …
Corporation Commissioners at odds with Cheyenne and Arapaho Tribes
The Oklahoma Corporation Commission (OCC) has issued guidance to oil and gas operators in the state after receiving a letter issued by the Cheyenne and Arapaho Tribes asserting tribal jurisdiction over certain environmental regulations. “Oklahoma oil and gas operators should know we are reviewing this matter closely and they should be assured the …
Hilliary Communications expands with major acquisition
Hilliary Communications, a family-owned telecommunications company serving customers across rural Oklahoma, Texas, and Iowa, has announced the acquisition of TDS Telecom’s Oklahoma network operations. The acquisition adds nearly 35,000 new locations to Hilliary Communications’ service footprint, including communities across Oklahoma—many in growing rural regions from Elgin and Jones to Adair—marking a major step …
Energy briefs
** GE Vernova, the energy spin-off of GE, is investing an additional $80 million in its flagship grid solutions factory in Pennsylvania over the next two years to modernize the electric grid and meet growing demand. ** A former mining client of President Trump’s Chief of Staff Susie Wiles and top campaign fundraiser Brian Ballard is …