As Oklahoma’s State Transportation Commission prepares this week to spend more than $1 million on creating the government-mandated EV charging network on state highways and turnpikes, there is growing discussion how the $7.5 billion in grant funding from the Biden administration will fare in a second Donald Trump administration. Just as the Oklahoma Transportation …
Changes planned Monday morning for SH-9W and I-35 near Goldsby
If your morning drive usually takes you along I-35 near Goldsby, there will be an interruption in the normal flow of traffic Monday morning. The State Transportation Department announced that “big changes” are planned for drivers on SH-9W Monday morning as the first phase of SH-9W construction gets underway. SH-9W will be narrowed to one …
Expand Energy completes cash tender offer
When Expand Energy Corporation recently ended its offer to purchase for cash its outstanding senior notes due 2026, it managed to acquire a total of $453,162,000 of the 5.500% Senior Notes. The Oklahoma City company, formerly Chesapeake Energy before its merger with Southwest Energy, explained the expiration deadline was Nov. 27. The more than …
A trucker’s open letter to Elon Musk and Vivek Ramaswamy
As Elon Musk and Vivek Ramaswamy prepare to conduct a long, hard look at government inefficiency as part of their Department of Government Efficiency designed to slash government spending, they are getting some advice about the nation’s trucking industry. One trucker’s open letter about the nation’s trucking industry and its woes proves to be most …
Rig counts in Oklahoma and other oil and gas states held steady
Another report from Baker Hughes shows the nation’s oil and gas rig count continued steady for another week with a reported drop of only one rig compared to the previous week. The Baker Hughes Rig Report also showed Oklahoma’s count held steady as well, staying at 44 rigs, same as the previous week. It …
Feds order end of coal in Wyoming’s Powder River Basin
The Biden administration wants an end to coal leasing in Wyoming’s Powder River Basin and it wants it ended by 2041. Word came recently from the Bureau of Land Management as part of a lawsuit brought by the Western Organization of Resource Councils against the Bureau of Land Management. Click here …
State set to award $1 million in contracts for EV charging network
Oklahoma prepares to hand out a more than $1 million contract award Monday for the EV charging network mandated by the Biden administration. The State Transportation Commission, in its 11 a.m. meeting in Oklahoma City, will award the contracts to a number of successful bidders. The National Electric Vehicle Infrastructure or NEVI Charging Infrastructure …
Oklahoma’s crude oil production grew from August to September
Oklahoma’s oil production increased from August to September but remained lower than the amount of crude oil produced a year ago. The U.S. Energy Information Administration reported the state’s average production rose 3.5% from one month to the next, going from 383,000 barrels a day during August to 397,000 barrels a day in September. …
Energy briefs
** Biden administration officials say they’ll race to allocate the remaining $46 billion from four climate and infrastructure bills before the year ends, but $303 billion will remain that cannot be spent until after Trump takes office. ** A clip from Billy Bob Thornton’s new show “Landman” went viral on X for slamming the use of renewable energy …
Crude oil finished down on Friday
Not only did crude oil prices fall on Friday, but they also finished the week down more than 3%. Prices remained low over worries of supply risks due to the Israel-Hezbollah fighting. Plus, there is the issue of OPEC+ increasing its supply in 2025. West Texas Intermediate crude fell 72 cents or 1.05% …