Just as Southwestern Energy revealed that demand letters and complaints had been made by its shareholders regarding the proposed merger with Chesapeake Energy, similar revelations have been made by Chesapeake. And like Southwestern, Chesapeake denies any wrongdoing in its proposed merger. The Oklahoma City energy company, in a filing with the Securities and Exchange …
** Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Five months after a Delaware judge threw out the largest pay package in history, then worth more than $50 billion, shareholders will vote Thursday on a new pay package. ** New York’s grid operator says the …
The old saying “money talks” apparently got the attention of electric vehicle makers. Responding to sluggish sales and customers who complained about the high cost of EVs, some manufacturers are launching new EVs with a reported lower cost. They include Ford and Tesla who are scrambling to do something to attract new car buyers. …
The target of the AG’s fraud suit stemming from that Winter Storm 2021 probe punches back. Plus a controversial bill that opponents say will lessen transparency at the OCC is signed into law. We discuss both topics in depth on this week’s MitchellTalks Energy w/Jerry Bohnen. Click below MitchellTalks Energy w/Jerry Bohnen | The target …
Crude prices in the US managed to nearly hold their own on Friday’s trading while Oklahoma energy stocks suffered losses including some with 6% and 7% drops in the values of their stocks. West Texas Intermediate crude slipped 2 cents on Friday to $75.33 a barrel on the New York Mercantile Exchange. Global benchmark …
While the average residential customer will be forced to pay another $19 a month if Oklahoma Gas and Electric wins approval of its $332 million rate hike request, it’s nothing compared to what one businessman will pay. The Oklahoman reported over the weekend that the 13.85% increase on property manager Rick Dowell’s operations …
Approval of continued expansion of Interstate 35 to six lanes in southern Oklahoma was one of the high-lights of the recent meeting of the Oklahoma Transportation Commission. The $40 million project located near Thackerville was one of many projects included in the $2.5 billion budget for the Transportation Department. The expansion to six …
Oklahoma Congressman Frank Lucas thinks it’s time the U.S. did more to promote the development of the nation’s geothermal energy. As chairman of the House Science, Space and Technology Committee, he joined Oregon Democrat, Rep. Andrea Salinas in introducing legislation to advance supercritical geothermal energy. “Oklahoma is a national leader in geothermal energy so I’m very …
Not all is right with the world for some of the shareholders of Southwestern Energy as the company prepares to merge with Oklahoma City’s Chesapakeae Energy in a more than $7 billion deal. The Houston-based company revealed in a filing with the Securities and Exchange Commission that it received “seven demand letters from purported …
Wyoming Congresswoman Harriet Hageman apparently isn’t afraid to challenge environmentalists and green energy supporters as witnessed by her latest “put your money where your mouth is” reply. In recent comments during the Wyoming Mining Association’s annual convention in Cody, Rep. Hageman said if the liberals of the country want to eliminate fossil fuels, then …