The same soaring prices for natural gas and fuels that resulted in challenging utility bills in Oklahoma prompted one governor to order a state agency to do something about it. While those same increased bills and assistance were not mentioned in Oklahoma Governor Kevin Stitt’s State of the State Address on Monday, Colorado Gov. …
Federal highway grant to help reduce traffic fatalities in OKC
With the help of a new $800,000 grant from the U.S. Department of Transportation, Oklahoma City will focus on the reduction of fatalities on city streets. KOKH Fox 25 News reports the grant is part of the DOT’s bipartisan safe streets and roads for all program. Click here for Fox 25 News
Rep. Lucas acts to stop new WOTUS rule
Oklahoma congressman Frank Lucas has put his opposition to new WOTUS rules into action by introducing a joint resolution of disapproval under the Congressional Review Act (CRA) on the Biden Administration’s “Waters of the United States” (WOTUS) rule. The western Oklahoma farmer and rancher joined other leaders in the House this week in taking the …
NOG announced increased dividend despite impact of December severe weather
Despite severe weather problems in the fourth quarter, Northern Oil and Gas, Inc. announced a cash dividend in the amount of 34 cents per share, a 13% increase from the previous quarter. The increased dividend will be payable on April 28. At the same time, company management indicated it will submit a recommendation to …
Headlines
** California Governor Gavin Newsom called for federal energy regulators to investigate a recent hike in natural gas prices that has resulted in sky-high utility bills. Newsom, a Democrat, asked the Federal Energy Regulatory Commission in a letter to look into whether market manipulation, anticompetitive behavior or other activities have driven up the cost of …
Governor calls for diversification of Oklahoma’s energy grid
In his State of the State address Monday to the Oklahoma legislature, Gov. Kevin Stitt spoke of protecting Oklahomans and promoting freedoms and for more steps to promote excellence in education. He touched on energy a few times in his speech to the 59th Legislature. At one point, the governor said, “Let’s continue to …
Major sinkhole found on Tulsa street
Talk about a giant pothole! It’s what drivers encountered in Tulsa on Monday morning when a major sinkhole developed in the southbound lanes of Riverside. It was near the 21st Street intersection, according to police. The sinkhole developed along the street and some vehicles were damaged. City officials say they began working on learning …
Sen. Lankford not optimistic about Biden’s State of the Union address
Oklahoma U.S. Sen. James Lankford has a wish list he’d like to hear President Biden discuss Tuesday night in his State of the Union Address and one of them is U.S. energy security. “Oklahomans want to know what the President is actually planning to do to ensure our national security, fix the economy, and …
4Q earnings report coming this month for Mammoth Energy Services
Mammoth Energy Services, Inc. announced that it will disclose its 2022 fourth quarter and full year financial results after the market closes on Thursday, February 23, 2023. In conjunction with the earnings release, the company has scheduled a conference call and webcast to discuss fourth quarter and full year results the same day at …
Crude oil prices gained on Monday while OK energy stocks fell
Crude oil prices made a 1% gain in Monday’s trading despite growing concerns about slower growth in major economies. At the same time, Oklahoma energy stocks suffered losses. West Texas Intermediate crude gained 72 cents or 1% to $74.11 a barrel on the New York Mercantile Exchange. WTI earlier hit a high of $74.41 …
