Crude oil prices and Oklahoma energy stocks finished the week with strong gains—oil up more than $1 a barrel while some Oklahoma energy stocks rose as much as 7%. Crude oil prices made their first weekly gain in three weeks, thanks in large part to a favorable U.S. jobs report combined with trade talks that …
Scott Mitchell talks energy with Jerry Bohnen and this time, they focus on the recent Corporation Commission split vote to approve PSO’s purchase of a Jenks power plant. Scott raises the question of whether Commissioner Todd Hiett is becoming the new Bob Anthony in questioning rate hikes.
Oklahoma Transportation Commissioners recently signed off on the Transportation Department’s 2026 budget of more than $2 billion, one that saw a decrease of more than $11 million. They did so without any discussion. The estimated budget, based on revenue provided by the legislature and funds from the motor fuel tax and from the …
Shareholders in Expand Energy attended their annual meeting this week and went through the usual process of electing directors, naming an independent auditor and approving executive compensation. Each of the 11 directors nominated by the company’s Board of Directors was elected by the shareholders. They’ll serve until the next annual meeting. Those chosen included: Domenic …
Changes in leadership at Mammoth Energy Services, Inc. have been announced following the $109 million sale of some of its subsidiary holdings to Peak Utility Services Group, Inc. The biggest change will be the loss of Chief Executive Officer Phil Lancaster who resigned Mammoth effective June 30 to become an employee of Peak. In recent …
The Oklahoma Corporation Commission’s recent decision, on a split vote, to approve Public Service Company of Oklahoma’s $730 million purchase of a 23-year old power plant in Jenks shows a distinct difference of opinion between at least two of the commissioners. It was a 2-1 vote to approve PSO’s request to purchase the …
Skepticism to the possibility of a huge new data center in some areas of Oklahoma is not limited to just Oklahoma. Other states are facing the same kind of questions regarding the gigantic spread of the data centers, that not only require significant amounts of electric power but space too. Questions were raised …
** The value of Tesla shares drops 14%, erasing $150 million of the electric vehicle company’s value, as CEO Elon Musk publicly spats with President Trump. ** Officials from Entergy New Orleans and grid operator MISO discuss how the lack of adequate transmission lines led to widespread outages in Louisiana over the Memorial Day weekend. …
We’ve been warning you about the prospects of the Heartland Flyer Amtrak train being officially derailed because of the Texas Legislature’s move to no longer fund its share of the route between Oklahoma City and Fort Worth. Now it’s apparently official…the death notice has been announced by federal transportation officials who say the passenger …
Oklahoma Governor Kevin Stitt joined local leaders in Chickasha to unveil plans for a major new industrial park and power generation initiative— projects representing the largest single private investment in the city’s history. Spearheaded by Chet Hitt, the development of the industrial park is projected to attract high-demand industries, potentially creating thousands of new …
