The Oklahoma Department of Commerce and Oklahoma Aeronautics Commission led a delegation of communities to exhibit at the annual EAA AirVenture show held at Wittman Regional Airport in Oshkosh, Wisconsin, according to an article in The Ada News. The Ada Jobs Foundation, Ardmore Development Authority, Bartlesville Development Authority, the City of McAlester and Tulsa International …
Texas residents experienced a power price surge on Sunday like no other in history – more than 800%! – as searing heat pushed demand toward record levels and strained supplies on the state grid. Bloomberg reported that electricity prices for the grid rose to more than $2,500 a megawatt-hour for Sunday evening, up from Saturday’s …
For the first time in 72 years, Oregon motorists can grab a fuel nozzle and pump gas into their cars on their own, since a decades-old ban on self-serve gas stations has been revoked, according to a published report by the Associated Press. Gov. Tina Kotek signed a bill on Friday allowing people across the …
With President Biden’s plans to visit Arizona, New Mexico and Utah this week, sources speculate that the purpose of the trip is to designate a new national monument protecting lands outside the Grand Canyon National Park, according to a recently published report by E&E News. Speaking on conditions of anonymity, no further details were immediately …
It’s the Dog Days of Summer and Cushing, Oklahoma – the pipeline capital of the world – is experiencing strains on its power grid due to the excessive heat. City officials are urging residents to conserve power in order to cool down substations until there is relief from the hot weather. The combination of heat …
The U.S. Securities and Exchange Commission (SEC) issued a $1.5 million fine against electric vehicle company Canoo Inc. on Friday, citing reporting failures related to substantial and unreasonable revenue projections. The SEC alleged that Canoo, former CEO Ulrich Kranz and former CFO Paul Balciunas, misled investors about the company’s financial prospects prior to its public …
Oklahoma Congressman Frank Lucas was admitted to the hospital after being injured Friday morning while working on his ranch, according to official communication from his office. The release to the media said Lucas’ injuries are non-life threatening. Lucas represents Oklahoma’s District 3 in the U.S. House of Representatives. His area covers much of western, northwestern …
A well site a few miles east of Blanchard, where 3 wells were drilled on a single pad, ended up with more than 3,000 barrels a day of oil production for an Oklahoma City energy firm. The McClain County wells were drilled by Native Exploration Operating LLC of Oklahoma and completed in March of …
After Saudi Arabia and Russia pledged to cut their output through September, crude oil prices made slight gains in trading on Thursday. West Texas Intermediate, the U.S. benchmark, rose 31 cents to close at $81.86 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude finished up 34 cents at $85.48 a barrel …
Investors in the struggling EV manufacturer Canoo will be anxious to learn the second quarter earnings report when it is released on Monday, August 14. The company, with operations in Oklahoma City and Pryor as well as incentive deals with the Oklahoma Department of Commerce, will report its financial results after the market closes …
