Crude oil stocks across the U.S. dropped higher than analysts predicted and it led to a more than 1% jump in crude oil prices on Wednesday. At the same time, the drop in U.S. crude inventories came as investors considered the potential impact from new U.S. tariffs on India because of its purchases of …
Crude oil supplies held at Oklahoma’s Cushing Hub fell 900,000 barrels this month, according to the U.S. Energy Information Administration. The decline was from 420.7 million for the week ending August 15 to 418.3 million barrels the week ending August 22. The drop was even greater when compared to a year ago when the …
A report by Reuters says American and Russian officials got together in August and discussed several energy deals. The talks came during a visit by US Special Envoy Steve Wtikoff to Moscow where he met with Russianleader Vladimir Putin and his representative Kirill Dmitriev. There were also discussions at the White House involving …
Oklahoma Gas and Electric wants to raise rates—again. And it’s because of growing demand for electrical power. Customers recently received a notification, along with their monthly bills. In it, they were informed of the utility’s request of Oklahoma Corporation Commissioners for approval to build two additional nautural gas combustion power generation units at its …
** The U.S. Commerce Department has seized control of a $7.4 billion semiconductor research fund from the National Center for the Advancement of Semiconductor Technology (NATCAST), a private non-profit set up during the Biden administration, as per Reuters. Describing it as a “slushfund,” for ex-Biden admin officials, the Commerce Department promised greater oversight and accountability for …
Firehawk Aerospace, the company wanting to build a rocket fuel manufacturing plant in Lawton is still attempting to buy property in the city. The sale has yet to be approved by the Comanche County Industrial Authority which discussed the issue in a recent executive session. Firehawk earlier announced intentions to build a $23 million …
Crude oil prices took a 2% plunge on Tuesday and Oklahoma energy stocks went along for the fall. Nervous investors are still wary about U.S. tariffs, the slow movement of any possible peace talks over the war in Ukraine and how those developments could affect Russian fuel supplies. West Texas Intermediate crude dropped …
** Global investment in renewable energy projects hit a fresh record this year but fell in the U.S., an analysis released this week shows. U.S. spending fell by $20.5 billion, or 36%, from the second half of 2024 in what the firm calls a response to the U.S. presidential election. It was the steepest drop …
As defined, the word “audit” is said to be an “official inspection of an individual’s or organization’s accounts, typically by an independent body.” The definition is also what is driving Rep. Tom Gann and two other legislators to continue their legal challenges at the Oklahoma Supreme Court of the so-called audits of the …
The operators of the oldest drive-in theater in Oklahoma are in a fight to stop an oil drilling rig from locating about 500 feet from their business in Chickasha. Barbara Egbert, who along with her husband Greg, runs the Chief Drive-In Theater south of Chickasha off highway U.S. 81 in Ninnekah. They’re at …
