Samsung Electronics is getting $6.4 billion in government funding as the Biden administration announced Monday plans to support the company’s efforts to develop a computer chip manufacturing and research cluster in Texas. The taxpayer’s money is from the CHIPS and Science Act, which President Joe Biden signed into law in 2022 with the goal of reviving …
Keating and Edmondson team up to protect scenic rivers from poultry pollution
Former Oklahoma Gov. Frank Keating, a Republican and former Attorney General Drew Edmondson, a Democrat, have joined forces to protect the state’s scenic rivers against renewed poultry waste pollution. Writing an opinion piece in The Oklahoman, the two former state leaders came out against House Bill 4118 which would repeal language in existing law …
Scam warning from Attorney General
Attorney General Gentner Drummond is warning Oklahomans about a new scam where imposters are calling citizens to tell them they have won money. The caller claims to be an agent with the Attorney General’s office and tells recipients they need to pay a fee to collect their winnings. Drummond said the Attorney General’s office does …
Mitchell Talks Energy with Jerry Bohnen
The week’s first look at what the Israeli-Iran conflict is doing to oil futures and Jerry’s analysis of the first filings by AG Gentner Drummond into alleged price gouging connected to the 2021 winter storm.
Government just moved to make it cost more for drilling on public lands
The Biden administration’s continued war on the oil and gas industry took another step on Friday when the Interior Department finalized a new federal rule that will likely increase the cost of drilling on public lands. It came as the White House just took an opposite step to help renewable energy production on the …
Growing worries about escalating warfare in the Middle East sent crude prices up on Friday
The growing prospects of an Iranian response to an apparent attack by Israel that killed 7 Iranian military members in Syria resulted in a Friday 1% gain in crude oil prices. Some believe Iran might respond and added to Israel’s fighting in Gaza, it only resulted in more concern about what it could do …
Nation’s oil and gas rig count dropped while Oklahoma held steady
The nation’s count of active oil and gas rigs dropped in the past week, falling by 3 and leaving 617 rigs pursuing new energy in the U.S. The rig count provided by Baker Hughes Co. on Friday indicated Oklahoma held steady at 44 rigs, still 14 below the count from a year ago. The U.S. …
Judge sends OKC landfill gas fight back to Oklahoma County District Court
Oil and gas producers aren’t the only ones who can be used in disputes over royalty payments. The owners of the site where Oklahoma City created a landfill 12 years ago recently won their fight to keep the lawsuit in Oklahoma County District Court and out of federal court. It’s a battle over gas …
Chesapeake Energy and Southwestern prepare for special shareholders meetings to vote on proposed merger
Chesapeake Energy has filed a proxy statement indicating it plans a special shareholders meeting to seek approval of its proposed $7.4 billion merger with Houston-based Southwestern Energy. But the filing with the SEC did not declare a date or time for the meeting as it apparently is undecided because of a request by the …
Farm supporters fight proposed solar project near Lawrence, Kansas
Evergy’s plan for a 600-acre solar farm near Lawrence, Kansas has generated opposition by residents who believe it will remove valuable farmland from agricultural production. It even drew the attention of noted land artist Stan Herd who created an earthwork installation that reads: “Save Prime Farmland. Relocate Utility Solar.” If Douglas County planners …
