Crude oil prices and most Oklahoma energy stocks finished down in Friday’s trading as analysts blamed the prospects for a peace deal between Russia and Ukraine for possibly easing global supply disruptions. The disruptions might end if US oil sanctions were ended against Moscow. West Texas Intermediate, the benchmark in the U.S. dropped 55 …
One of the three Republican legislators who took Corporation Commissioner Todd Hiett to court over the sexual abuse allegations against him, filed another appeal with the Supreme Court on Thursday, this one challenging the recently-approved PSO rate hike. The challenge by Rep. Tom Gann, Inola, came only days after the court dismissed the appeal he …
Crude oil prices saw a drop of a few cents in Thursday’s trading as two developments affected trading—the potential peace deal between Russia and Ukraine and the pause in new U.S. tariffs. The small drop came after losses of more than 1% earlier in the session and the slight improvement has some optimistic that …
That best sums up how Oklahoma Climatologist Gary McManus looks at what might happen this week in the state as another arctic blast is expected to settle over the state and the midwest. ” — it would appear after another roller coaster few days of cold-warm-cold-warm, we’ll see another bigtime arctic blast early next …
Arkansas EV manufacturer Envirotech Vehicles Inc. sees a brighter future in Texas, not Arkansas. The company announced this week it is moving headquarters and operations from Osceola in far eastern Arkansas to Houston, Texas where it finds more business advantages. But it will keep the 580,000 square foot manufaturing facility in Osceola. In Houston, …
Elon Musk and Oklahoma U.S. Sen. James Lankford have something in common—-each is focused on eliminating government waste. Each is also highly critical of what the Biden administration’s green new energy plan did to the nation’s energy industry. Musk, of course, is in charge of DOGE, the Department of Government Efficiency while Sen. Lankford …
Underwriters of a public offering of nearly 13 million shares in Mach Natural Resources LP apparently want more. The Oklahoma City energy company announced this week that the underwriters of its previously announced public offering of 12,903,226 common units representing limited partner interests in Mach have fully exercised their option to purchase an additional 1,935,483 …
Oklahoma U.S. Sen. James Lankford was among those who supported legislation filed this week to bring an end to EV tax credits. The measure, as filed by Sen. John Barrasso of Wyoming, the Senate Majority Whip, stops taxpayer money from subsidizing luxury electric vehicle for high-income individuals and corporations. The Eliminating Lavish Incentives to Electric …
U.S. Rep. Stephanie Bice isn’t giving up on her efforts to do something about Chinese firms from buying U.S. farmland. This week, the Oklahoma congresswoman reintroduced the Stop China’s Continuous Purchase (CCP) of Land Act, legislation designed to safeguard American agricultural land from foreign adversaries. “Americans should own American land, not foreign adversaries,” explained …
** EPA Administrator Lee Zeldin announced Wednesday that he’s found $20 billion in taxpayer money that the Biden administration “parked” at a financial institution — in an apparent effort to hide the dollars. “This scheme was the first of its kind in EPA history, and it was purposefully designed to obligate all of the money in …
