Oklahoma Attorney General Scott Pruitt’s attempt to tack on $500,000 to the $92.5 million rate hike proposed by Oklahoma Gas and Electric so he can hire experts in opposing the request is being recommended for denial by an administrative law judge at t…
Laredo Petroleum President Stepping Down
The resignation of Jay P. Still as president and chief operating officer of Tulsa-based Laredo Petroleum will be effective Jan. 28. The company announced his resignation this week, just as the firm also laid off about 75 employees and said it wo…
Appeals Court Sides with EPA in Clean Power Plan
The U.S. Court of Appeals for the District of Columbia has ruled against Oklahoma and two dozen other states who filed suit challenging the Obama administration’s Clean Power Plan. The three-judge panel ruled this week that it would stop stop the…
Exchange Warns Seventy Seven Energy
Those sliding oil and natural gas prices have taken a hit on another Oklahoma based energy company as its trading on the New York Stock Exchange has dropped to such low points that it has been warned of being in non-compliance.
Seventy Seven Ene…
Chesapeake Energy Suspends Quarterly Dividends
While other companies have reported quarterly dividends, Oklahoma City-based Chesapeake Energy has suspended payments on each series of its outstanding convertible preferred stock effective immediately.
Money problems have caught up with the com…
Some say Oklahoma Should Follow Arkansas in Earthquake Actions
If the state of Arkansas responded and solved its earthquake problem apparently caused by energy industry injection wells, why can’t the state of Oklahoma do the same thing? It’s what News 9 reporter Alex Cameron investigated and reported on thi…
Most Oklahomans are Not Satisfied with State Leaders over Earthquake Problem
A poll by News 9 and News on 6 TV stations indicates most Oklahomans think state leaders are not doing a good job in responding to the earthquake dilema in the state. Most think, if anything, they’re doing a “poor job”.
The poll conducted by SoonerPo…
Crude Bounces Back on Thursday
Despite supply increases crude prices managed to make gains on Thursday. March West Texas Intermediate crude added $1.18 to end trade at $29.53 a barrel on the New York Mercantile Exchange. March Brent crude on the London ICE Futures Exchange gained $1…
ONEOK Delcares Quarterly Dividend
ONEOK’s Board of Directors declared a quarterly dividend of 61.5 cents per share effective for the fourth quarter 2015. The annualized dividend has reached $2.46 per share. While the dividend is unchanged from the previous quarter, it is nearly two per…
No snow for Oklahoma—Just Cold WX Laments State Climatologist
Never a dull moment when you’re reading the daily Mesonet update from Gary McManus, the State Climatologist. He admitted Thursday’s he is an “infamous winter hater” and a snow hater too.
“But I’ve also always said if it’s going to just be cold, it mig…