Author's posts
First freeze of the year recorded in Oklahoma Panhandle
Yes, Oklahoma recorded its first freeze of the season over the weekend. Just as we reported last week, there indeed was “frost on the pumpkins.” Gary McManus, State Climatologist with the Oklahoma Mesonet, reported it was the “first freeze in the state up in the Panhandle…first time we’ve seen 32 or below in Oklahoma …
Energy Brief: DOE Loan Boosts Oklahoma Power Lines
DOE Loan Targets Oklahoma Power Line Modernization The U.S. Department of Energy approved a $1.6 billion loan guarantee for American Electric Power (AEP) to modernize 5,000 miles of high-voltage power lines. The upgrades will cross Oklahoma, Indiana, Michigan, Ohio, and West Virginia. This project will strengthen regional reliability and reduce outages linked to severe weather. …
Summit Carbon Delays Shift Jet Fuel Project North
Oklahoma Ties to Carbon Pipeline Complications Delays in the Summit Carbon Solutions pipeline keep reshaping plans across the Midwest. The project includes investment from Oklahoma City energy leader Harold Hamm. His involvement keeps Oklahoma tied to every major turn in this carbon capture story. This week, Gevo Inc. moved a headline project out of South …
Oklahoma oil plays add more rigs
Surprising growth in some of Oklahoma’s oil and gas plays was recorded in the most recent rig count released by the Baker Hughes Co. Void of any drilling activity for months, the Mississippian play, which extends from northern Oklahoma into southern Kansas, recorded its first rig. Details of where the rig is located …
Oklahoma energy stocks hit with losses on Friday
Friday turned out to be something of a sour day for the majority of Oklahoma energy stocks and those of firms with heavy exploration and operations in the state. The biggest percentage loss belonged to Vital Energy with a more than 2% fall for the day. Expand Energy recorded the largest percentage gain …
Firm wants to build 1-mile deep nuclear reactor in Kansas
A company with plans to construct small, nuclear reactors 1 mile underground for data centers and other electricity-hungry industries plans to put its first reactors in Kansas, Texas and Utah. Deep Fission, a Berkeley, California company, announced its plans saying its technology will be able to meet the “explosive demand for power from artificial …
Expand Energy’s 3Q release coming
Following a move to cut $100 million in capital expenditures during the second quarter, Oklahoma City’s Expand Energy prepares to release its third quarter earnings report which will give more of an indication industry conditions. Expand energy turned one year old this month following the merger in October 2024 of Chesapeake Energy in Oklahoma City …
Chandler bans wind farms within city limits
The city of Chandler moved this week to adopt a moratoirum on Industrial Wind Turbines within the city limits. A Facebook report indicated the city council voted in support of new regulations targeting the wind industry. The moratorium includes any land within the city limits and surrounding Chandler’s water supply from Bell Cow …
Energy briefs
** A fire ignited at BP’s 440,000 barrel-per-day oil refinery in Whiting, Indiana, before it was extinguished on Friday morning, the company said. The blaze at the largest refinery in the U.S. Midwest caused gasoline prices to spike in parts of the region. The fire resulted from an operational incident, and there were no injuries, the company said in …
Feds warn of international trade disruptions for Oklahoma
Oklahoma’s Trade Landscape Examined Oklahoma’s trade activity remains limited compared to other states, but select industries keep the state tied to the global market. That’s the focus of the latest Oklahoma Economist report from the Federal Reserve Bank of Kansas City’s Oklahoma City Branch. The issue, titled “Oklahoma’s Trade Landscape: Broadly Insulated, Yet Exposed in …
