Attorney General Mike Hunter announced his office has charged a contractor in Noble who received thousands of dollars from Oklahomans in exchange for roofing repairs he never completed. The four felony counts against Chad Davis, 38, come after the Attorney General’s Office filed three prior felony charges against him in February. In all seven charges, …
Democratic lawmakers in the U.S. House of Representatives this week introduced several pieces of legislation that could buoy renewables as part of a larger infrastructure package. The Moving Forward Act, the text of which was released Monday, includes extensions of both the production tax credit and the investment tax credit to 2025 as part …
Chesapeake Energy in Oklahoma City might be struggling to avoid bankruptcy, but a new SEC filing shows its employee savings plan appears to be healthy. The Form 11-K filed this past week by the company showed 2019 investments under the company’s Savings and Incentive Stock Bonus plan totaled $603,404,022 at the end of 2019, …
Windstream Holdings Inc. of Little Rock, Arkansas, a firm that provides data networking and broadband servings in rural areas of 18 states says it anticipates exiting bankruptcy in August. The company announced late Thursday that the U.S. Bankruptcy Court for the Southern District of New York has approved its reorganization plan, which, when completed, …
Congressman Markwayne Mullin (OK-02) introduced the “Cable Transparency Act,” which would create new opportunities for cable operators and franchise authorities to amend or terminate their franchise agreements without a lengthy process, creating more competition and lower consumer costs. This bill is included in the Energy and Commerce Committee Republicans’ Broadband Infrastructure Package. “Oklahoma’s Second …
A program announced by the Indian Nations Council of Government will involve the creation of regional bicycle trails in northeast Oklahoma. The Indian Nations Council of Governments launched a program this week that aims to take Tulsa-area bicycle trails to a next level — from neighborhood loops to a regional network reported the Tulsa …
One state leader is optimistic that Tesla’s next manufacturing plant will be located in Tulsa. It’s the belief of Commerce Secretary Sean Kouplen who told the Tulsa World Tulsa is a better site than Austin, Texas, the other major city in consideration. It seems like forever ago that Mayor G.T. Bynum stood at the …
Natural gas prices are down to a territory the industry hasn’t seen since 1995. Natural gas futures were down 7.2% in Thursday’s trading, dropping to a 25 year low at $1.48 per million British thermal units. The last time natural gas closed below $1.50 was in August 1995, when it settled at $1.47. The …
After two consecutive sessions of a drop in prices, crude oil on Thursday rose nearly 2% to settle at $38.72 a barrel on the New York Mercantile Exchange. West Texas Intermediate crude for August rose 71 cents for the session. Global benchmark Brent crude for August delivery was up $1.17 or 1.8% to …
While the Kansas City Federal Reserve Bank survey finds a slight increase in manufacturing in the district that includes Oklahoma, another survey finds oil and gas producers don’t expect any quick turnaround for the industry. The nation’s oil producers think it will take up to two years for oil output to recover in the …
