November 2025 archive

More regional manufacturing activity

Tenth District Manufacturing Activity Grew Further in November The Federal Reserve Bank of Kansas City released the November Manufacturing Survey. According to Cortney Cowley, assistant vice president and Oklahoma City Branch executive, the survey revealed that Tenth District manufacturing grew further, and expectations for future activity remained positive. “Regional factory activity increased moderately in November,” …

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Energy Brief: PJM Rejections, EV Sales Drop, DOE Loan

PJM Rejects All 12 Growth Proposals Grid operator PJM Interconnection rejected all 12 proposals submitted by data center companies, utilities, energy advocates, and other stakeholders offering recommendations on how the regional operator should handle surging electricity demand. U.S. EV Sales Fall 49% in One Month U.S. EV sales dropped 49% from September to October after …

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Crude oil prices fell in Wednesday’s trading

  Oil prices dropped Wednesday over reports showing an unexpected increase in U.S. crude and fuel stockpiles, adding to the concerns about an oversupply of crude oil. Prices were also affected by supply risks caused by U.S. sanctions against Russian oil producers. There was also a report that indicated the U.S. renewed its push to …

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Saudi Arabia orders Helmerich and Payne rigs to restart

H&P to Reactivate Seven Saudi Rigs in 2026 Helmerich & Payne, Inc. announced that notice has been received to recommence operations on seven land rigs in Saudi Arabia that are currently under suspension. The reactivations will occur in stages throughout the first half of calendar year 2026. In accordance with the terms of the drilling …

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Battery storage project questioned in Creek County

Creek County Residents Push Back on Battery Storage Plan Residents near a proposed battery storage project in Creek County are pushing back on the project proposed by Sofos Power, a firm based in Spain and also with headquarters in Atlanta, Georgia. The project is called the Silver City Resilient Power Battery Energy Storage project and …

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ONE Gas chairman to retire

highway sign that says Retirement next exit

ONE Gas Chair John Gibson Retires; Hersman Named Successor ONE Gas, Inc. announced that John W. Gibson, 73, will retire from the board and as chair after the Company’s Annual Meeting for Shareholders next May and be replaced by the former chair of the National Transportation Safety Board. Gibson has served as chair since ONE …

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Oklahoma Regulators Weigh FERC Order on Large Load Rules

Oklahoma Regulators Weigh FERC Order on Large Load Rules After cancelling a planned meeting on Wednesday, the Oklahoma Corporation Commission will hold a special meeting on Thursday in Oklahoma City. It will focus on the Federal Energy Regulatory Commission and a recent order regarding large electrical loads and the Interstate Transmission Company. The discussion and …

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Energy Brief: Regulators Reject Hikes, Global Oil Shifts

U.S. ENERGY Maine regulators deny CMP rate increase Maine regulators rejected a proposed Central Maine Power rate hike that would have increased the average monthly bill by $35. Regulators directed CMP to submit a new plan that better considers impacts on consumers. Federal investigators outline Key Bridge collapse Federal investigators detailed what caused the Francis …

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Paragon Industries CEO Charged in $66M Federal Fraud Case

Sapulpa Pipe CEO Arrested on $66M Federal Fraud Charges Federal authorities arrested Derek Wachob, the CEO of the oil and gas pipeline supplier based in Sapulpa, on charges of federal wire fraud. The U.S. Attorney’s Office in the Southern District of New York confirmed the arrest and explained the charges were that Wachob, 53, had …

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More illegal truckers busted in Oklahoma

Oklahoma Expands Operation Guardian With Third Border Sweep Oklahoma’s coordinated effort with ICE agents to remove illegal immigrant truckers from state highways expanded again this week, as authorities staged the third Operation Guardian sweep at Durant, near the Oklahoma–Texas border. The operation took place at the port of entry on U.S. Highway 69, a major …

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