The results of a note offering by Ascent Resources Utica Holdings, LLC of Oklahoma City were made available by the company. In an announcement, Ascent said it had received tenders for a total of $549,234,000 of its outstanding 7.00% Senior Notes due 2026. The total represented 92% of the principal amount of the Notes outstanding. …
** EIA expects U.S. crude oil production will average 13.5 million barrels per day in 2025, a record high. EIA had previously expected domestic crude oil production would average 13.7 million barrels per day next year but revised its production forecast lower largely due to its expectation of lower crude oil prices. ** GM CEO Mary Barra …
Click below for latest podcast (20+) Video | Facebook Hurricane relief efforts by Oklahomans headlines this episode of Mitchell Talks Energy with Jerry Bohnen……plus, more details of a proposed 400 mile electric transmission line across Oklahoma.
Oklahoma Gas & Electric Company (OG&E) will deploy a team of more than 110 line restoration crews early Wednesday morning ahead of Hurricane Milton making landfall. The hurricane is expected to arrive in Florida on Wednesday as a Category 5 storm, and has the potential to cause widespread, prolonged power outages. Trucks and …
A day after PSO crews returned from helping restore power to Hurricane Helene victims in Virginia, West Virginia and Tennessee, another group of 380 PSO workers and contractors were sent to Florida. They will be helping Tampa Electric and Florida Power and Light as Hurricane Milton smashes into Florida’s west coast. After Hurricane Milton …
The prospects of a possible ceasefire between Israel and Hezbollah sent crude oil prices down nearly 5% on Tuesday, and in turn some Oklahoma energy stocks felt the impact and suffered up to a 7% tumble. There remains some anxiety that the tension is far from eased and things could erupt into more fighting at …
No one knows for sure what kind of destruction might be wielded by Hurricane Milton as it arrives in Florida. But Oklahoma fire departments are lending their support for critical rescues, should they occur. The Southwest Ledger’s Mike Ray reported the Lawton Fire Department joined forces with crews from Guymon and Coalgate to …
Summit Utilities ratepayers in Arkansas are likely to see a monthly rate hike of more than $15 as a result of the company’s request for a $105 million increase or a nearly 30% increase for residential customers. The utility recently filed a settlement with the Arkansas Public Service Commission in which rates would …
Even as Oklahoma’s statewide average gasoline price slipped a few cents to $2.76 a gallon, much of the state appears to be lingering closer to $3 a gallon. Still, Oklahoma’s average is among the lowest in the country. The dark red counties shown on the latest AAA map of Oklahoma have spread from …
A federal judge is being asked to finalize the case brought by the Osage Indian tribe and the federal government against Enel Energy for its alleged illegal construction of more than 80 wind towers in Osage County. It is a legal fight that started several years ago. US government attorneys and those for …