NextEra Energy, the renewable energy company with wind farms in Oklahoma, recorded lower revenue in its renewables and electric utility businesses during the second quarter. But the drop wasn’t enough to take the wind out of the company’s economic sails. The company, in the midst of a fight with residents in Enid where it …
** Tesla (TSLA) reported mixed second quarter results after the bell on Tuesday, though the EV maker did say it was on track for production of new vehicles, likely a cheaper EV, in the first half of 2025. Tesla also said its growth rate in 2024 would be “notably lower” than what it achieved in 2023. ** …
At least two Oklahomans in the U.S. House of Representatives have condemned the energy stances of Vice President Kamala Harris who is now running for President. Congresswoman Stephanie Bice told OK Energy Today, “Vice President Harris, who once called to end all fracking, is no friend to the oil and gas industry. In …
Affected by low prices, Gulfport Energy Corporation decided at the end of April to defer some of its drilling and now will release second quarter earnings. Investors will learn whether the deferral of exploration did any good and how it affected earnings. The Oklahoma City company focuses much of its drilling in the Marcellus …
The below the surface tension between Oklahoma Corporation Commissioners Todd Hiett and Bob Anthony erupted again Tuesday into a display of animosity and political charges. And it stemmed from the 2021 Winter Storm bonds and how ratepayers will be paying for decades to come. Hiett accused Anthony of trying to trick the public …
Make three straight trading days where crude oil prices have dropped. On Tuesday, prices dropped nearly 2% and hit a six-week low because of growing worries about oil demand in China and the possibilities of a ceasfire in Gaza. Both WTI and Brent hit their lowest closes since June 7 and Reuters reported it pushed …
Oklahoma was among 27 states that took their fight this week against the EPA’s carbon rule to the U.S. Supreme Court. The rule was finalized in May and quickly led to a lawsuit by Republican attorneys general from 27 states and industry groups who attempted to block the landmark rule. The rule requires sweeping …
Nearly $33 million in water improvement projects in Woodward and Stillwater were included in the recently passed Water Resources Development Act of 2024 by the U.S. House. Congressman Frank Lucas voted for the legislation that helped the two cities in his district. “At a time when our political system appears to be in …
Just a few days after an Oklahoma County District Judge ruled that Oklahoma’s anti-ESG law should be permanently enjoined from enforcement, the state supreme court was asked to dismiss an earlier state appeal of the judge’s temporary injunction. Attorney Collin Walke, who led the fight on behalf of state retiree Don Keenan in his …
After two weeks in Houston helping CenterPoint Energy struggle to restore power to millions of residents following Hurricane Beryl, more than 100 line crews and support staff from Oklahoma Gas and Electric are back home. OGE’s team of 105 workers returned to their Oklahoma and Arkansas homes over the weekend while the utility they …
