One of the nine grants totaling $1.2 billion for highway improvements nationally was an $85 million award to improve the I-44/U.S. 75 Interchange in Tulsa. It’s described as the largest ever received by the Oklahoma Transportation Department and will help pay for three phases of construction with a $205 million total cost reported the …
Category: General
Gasoline prices inch upward in Oklahoma
Just as they are nationally, gasoline prices in Oklahoma continue their slow upward climb, reaching an average of $3.19 a gallon according to AAA. Nationally, the average is $3.50, two cents higher than a week ago and 30 cents more than one month ago. Oklahoma’s average is 3 cents higher than last week and …
PetroLedger acquires OKC oil and gas accounting firm
San Antonio-based PetroLedger Financial Services, LLC is expanding its operations with the acquisition of Oklahoma City-based oil and gas land management and accounting firm Associated Resources, Inc. PetroLedger, headquartered in San Antonio, is a nationwide leader in providing transaction services for the oil and gas industry. “We are thrilled to welcome Associated Resources to …
Heartland Flyer to Kansas? It’s being discussed in Kansas legislature
The long-promoted idea of extending Amtrak’s Heartland Flyer from Oklahoma to Newton, Kansas is still alive and getting some interest in the Kansas legislature. Why now? Because of billions in federal funding. Click here for Topeka Capital-Journal
Headlines of more stories
** The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp’s record net profit in 2022 of $56 billion, a historical high not just for the company but for the entire Western oil industry. ** The Bureau of Land Management announced plans to lease nearly 21,000 acres of national public land in Montana …
Crude oil prices and OK energy stocks made gains in Tuesday’s trading
Higher demand left crude oil prices steady with gains in Tuesday’s trading after they recovered from a near three-week low. Oklahoma energy stocks made gains for the day too. West Texas Intermediate crude rose 97 cents or 1.3% to settle at $78.87 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude …
Earnings down for Phillips 66
Phillips 66 announced fourth-quarter 2022 earnings of $1.9 billion, compared with earnings of $5.4 billion in the third quarter of 2022. In Tuesday’s announcement, the company said the $1.9 billion in earnings translated into $3.97 per share. Adjusted earnings were $1.9 billion or $4 a share. The firm also generated $4.8 billion in operating …
Oklahoma governor fights newest WOTUS rules from EPA
(this time the link is available for the story—our apologies) Mark Oklahoma Gov. Kevin Stitt as an opponent of the Biden administration’s enforcement of new WOTUS rules. He joined 24 other governors in opposing the revised definition of the Waters of the United States rules by the Environmental Protection Agency. Click here for McCarville Report
Wyoming says ‘thanks but no thanks’ to millions for EV charging network
Why did Wyoming turn down $27 million in federal funds to build an EV charging network across the state? Because under the strict requirements of the Biden administration plan, recharging stations would be located literally in the middle of nowhere. Click here for E&E News
E-bike battery fire causes $250,000 to Colorado garage
Another lithium-battery sparked fire is reported—one involving e-bikes and the resulting fire in a Vail garage in Colorado caused $250,000 in damage. It follows a report of a Tesla car breaking out in fire last week in California where fire crews had to use 6,000 gallons of water to extinguish. Click here for CBS …