Crude oil prices dropped nearly 3% in trading on Friday, the day after Christmas and Oklahoma energy stocks suffered the same kind of day. Even though markets were quiet and trading was reported to be light, it was a sign that investors backed off trading for the day. West Texas Intermediate crude closed down2.8%at $56.74 …
Oklahoma Gas and Electric’s recent request for Corporation Commission approval of millions of dollars in expanded energy projects to meet growing AI electrical demand could be revisited. The utility recently filed a new request (PUD 2025-000084) to add another project carrying a price tag of $394 million, to the list of those approved on the …
Oklahoma’s oil and gas plays saw a gain of one rig to be added to the state’s latest rig count based on information from Baker Hughes Co. The Ada Woodford in eastern Oklahoma grew to 2 active rigs. Not the heaviest of drilling activity but it still reflected an increase. The Ardmore Woodford was …
Manufacturing didn’t change much in the month of December in Oklahoma, according to a December Manufacturing Survey taken by the Federal Reserve Bank of Kansas City. Oklahoma is among the several states that make up the Tenth District. The survey results were mostly unchanged while expectations for future activity remained expansionary. “Growth in …
Nearly a year after more than a million acres were burned in a massive Texas Panhandle fire that swept into western Oklahoma, eleven cities in the Panhandle have formed a coalition against Xcel Energy, the company accused of causing the February 2024 fire. Called the “Lonestar Eleven,” the coalition was formed because of what …
Southeast Oklahoma is about to get another wind farm, one revealed in a recent filing made by the Southwest Power Pool. Overland Station Wind Energy LLC, a subsidiary of Invenergy Inc. is the developer of the project. According to the SPP, the project would be located near McAlester and involve 35 wind turbines, identified as …
Stardust Power Inc., an American developer of battery-grade lithium carbonate, announced it has executed a Securities Purchase Agreement with a single institutional investor providing for up to $15.0 million in senior secured convertible debt financing to support early-stage construction activities at its lithium refinery project in Muskogee, Oklahoma. The facility includes an initial $4.0 million …
https://www.facebook.com/reel/729017723154360 The latest from Rep. Tom Gann in his fight against billions of dollars reviewed with a one-page audit by Oklahoma regulators. We also can’t forget the chicken fight between the governor and the attorney general who wants to be governor. That and much more on this Christmas Eve edition of Mitchell talks energy …
** President Donald Trump said Monday that he has spoken to U.S. oil companies about what happens after regime change in Venezuela. At a Mar-a-Lago press conference Monday to announce a new “Trump Class” of battleships, a reporter asked, if Trump had spoken to American oil companies “that have had their assets seized about what a post-Maduro regime …
Weeks after Oklahoma pulled over illegal immigrant truck drivers and arrested hundreds of them, the federal transportation department is doing the same, and also criticizing Colorado for not following suit. Transportation Secretary Sean Duffy blasted Colorado this week for slow walking the purge of illegally issued truck licenses. He’s threatening that if Colorado does not …
