Three new turnpike routes were approved Monday by the Oklahoma Department of Transportation Commission. One is in Oklahoma City, another is near Purcell and a third is near Blanchard and Tuttle reported News 9. Click here for News 9
Category: General
Enid settles with tribe for final Kaw Lake pipeline pieces
The city of Enid reached a $4.2 million settlement with the Ponca Tribe of Oklahoma in order to finish the large pipeline project to bring water from Kaw Lake to the city. The Enid News and Eagle reported the city commissioners recently signed off on the settlement. Click here for Enid News and Eagle
Crude prices remained steady while natural gas soared
Monday’s trading brought little change in crude oil prices while natural-gas futures rose more than 6% over the planned shutdown of a key European pipeline. Oil investors are worried about the impact of extended COVID-19 testing in China and what it might do to world-wide demand. West Texas Intermediate crude for August delivery lost 70 …
LSB Industries sets 2Q earnings report release date
Coming off a record first quarter 2022, Oklahoma City-based LSB Industries, Inc. announced the schedule for the release of its second quarter earnings report. The company plans to release the report on Wednesday, July 27 following the close of the stock market. Management plans to host a conference call the next day, Thursday, July …
NE Oklahoma utility customers face possible rate hike
Another rate case involving Empire District Electric Company will move its way through the legal process at the Oklahoma Corporation Commission on Wednesday. Empire serves customers in northeast Oklahoma but is based in Joplin, Missouri. In February, the company filed a request to raise base rates by $6.1 million. In filing the request, Empire …
ONG wants to raise rates by nearly $20 million
Oklahoma Natural Gas is moving ahead with a proposed rate hike that if approved by state regulators would mean nearly $2 more a month for an average residential customers. ONG’s request for an increase of nearly $19,668,043 in base rates will be heard by an Administrative Law Judge at the Oklahoma Corporation Commission on …
EV charging stations to be installed on I-25 in New Mexico
New Mexico has started development of a series of interstate electric vehicle charging stations using millions in federal and state infrastructure money. Gov. Michelle Lujan Grisham announced the first of the charging stations will be located near Socorro along I-25 reported the Associated Press. Click here for AP
Extreme heat prompts Texas grid operator to urge customers to conserve electricity
The pounding heat across Oklahoma, Texas and other states prompted ERCOT, the Texas grid operator to issue a warning and at the same time ask electricity users to turn up their thermostats. The notice went out late Sunday and ERCOT asked its large electric customers to lower their electricity use reported the Texas Tribune. …
New Arkansas steel plant to rely on renewable energy
U.S. Steel announced it intends to build a $3 million steel plant in eastern Arkansas, one that will rely heavily on renewable energy from Entergy. The plant will be located in Osceola and north of Memphis. Click here for Arkansas Business
Oklahoma holds steady with rig activity while U.S. records slight gain
Rig activity across the U.S. increased by two in the past week, reaching a total of 752 oil and gas rigs while the Oklahoma numbers were unchanged. The Baker Hughes rig report released Friday showed Oklahoma continued with 60 oil and gas rigs, the same number as the previous week. The nationwide report showed …