** The House Judiciary Committee said it’s found “substantial evidence of collusion and anticompetitive behavior” by the financial industry to “impose radical ESG-goals” on US companies. An interim report published by the Republican-led committee said “a cartel” of financial firms and climate activists sought to replace Exxon Mobil Corp. board members in 2021 after the …
ONG echoes national reports of natural gas savings this winter
Oklahoma Natural Gas is making sure its Oklahoma customers were aware of recent predictions that natural gas users across most of the U.S. should see lower bills this winter. In a Monday release, ONG cited a Department of Energy report that natural gas will save Oklahomans up to $700 in heating costs. In its …
PSO offers $10,000 in help to Blackwell center
The Blackwell Youth Center in Blackwell, Oklahoma is receiving a $10,000 American Electric Power Foundation grant to help the non-profit continue its mission of providing a safe haven for local children to grow and learn. The AEP Foundation made this grant at the recommendation of Public Service Company of Oklahoma (PSO), a Tulsa-based electric …
Gov. Stitt to help launch latest rural broadband project
Governor Kevin Stitt will be on hand Tuesday to dedicate the launch of another Oklahoma Broadband Office project to expand high-speed internet service in rural areas of the state. The latest expansion will be in southern Oklahoma with a 1:30 p.m. ceremony in Marlow. The project funding will go to Hilliary Communications which will …
Representative says legislators should have say in turnpike fee hikes
Rep. Gabe Woolley, R-Broken Arrow is among those legislators who say they should have a final say in any fee increases made by the Oklahoma Turnpike Authority. He says such approval from the legislature would put the power back into the hands of the people via their elected officials. “Having to pay to drive across your …
Canoo furloughs more workers as stock plunges
As EV maker Canoo saw stocks make dramatic drops in trading over the past week, the company also quietly revealed more worker furloughs. With a manufacturing plant in Oklahoma City where some workers were temporarily furloughed in November, the company, in a filing with the Securities Exchange Commission, indicated the latest were at its …
Big fine for Exxon Mobil upheld by Appeals Court
Exxon Mobil’s appeal of a more than $14 million fine for thousands of air quality violations at a Texas refinery and chemical plant complext was rejected by a federal appeals court in the past week. The appeal was over a 2021 ruling by a judge who imposed the $14.25 million fine over the energy …
Crude rose 2% on Friday while OK energy stocks dropped
The prospects of more sanctions against Russia and Iran sent crude oil lprices up more than 2% on Friday. The gains were in response to additional sanctions implemented in Europe as traders said it could lead to tighter supplies and maybe lower interest rates. West Texas Intermediate crude, the U.S. benchmark, finished up $1.27 …
AG says cancellation of power line corridor means Oklahomans no longer face “tyrannical threat of federal eminent domain”
The scrapping of the controversial regional transmission line across northern Oklahoma by the U.S. Department of Energy drew rapid response by Oklahoma Attorney General Gentner Drummond. In a release from his office, it was pointed out that the DOE decision came just a day after Drummond and Speaker-elect Kyle Hilbert voiced their opposition to the …
Oil and gas rig numbers held steady in Oklahoma and US
The latest Baker Hughes Rig Count showed no growth or loss in the number of rigs across the U.S. and in Oklahoma. The Friday report indicated the nation’s count was unchanged at 589 from a week ago. The number of oil rigs remained at 482 while the number of gas rigs increased by one …