Congressman Markwayne Mullin calls it the Biden energy crisis and wants to know what the Biden administration is doing to avoid the growing diesel fuel shortage in this country. “I write with grave concern regarding the looming diesel shortage as reported by the Energy Information Administration,” wrote Rep. Mullin in a recent letter to Energy …
Oklahoma tax revenue hits record high
October brought yet another record in Oklahoma’s tax collections to the state treasury. State Treasurer randy McDaniel reported the receipts for the past 12 months topped the previous record high of $17 billion by more than $200 million. Part of it came from oil and gas gross production taxes which saw revenue increase 92%. Just …
Angry Sen. Manchin blasts Biden for his anti-coal comments
Just weeks after West Virginia U.S. Sen. Joe Manchin supported President Biden on one of his projects, Manchin has been left fuming after the President called for coal plants in the U.S. to be shuttered. The Democratic Senator blasted Biden calling his remarks “outrageous and divorced from reality,” adding that it’s time “he learned …
Large drilling project okayed near Aurora, Colorado
Colorado regulators have approved a plan by Crestone Peak Resources to carry out a 151 oil and gas well drilling project in a rural area immediately adjacent to the city of Aurora. The Colorado Oil and Gas Conservation Commission approved the project that will encompass 55 square miles reported the Colorado Sun. Click here …
OU to announce major initiative to address state’s shortage of aviation professionals
Coming Monday—a major announcement from the University of Oklahoma regarding its efforts targeting what is called a “critical shortage” of aviation professionals” in Oklahoma. The University says it will launch a major initiative through the College of Atmosphere and Geographic Sciences, including a “sizable expansion of its top-ranked School of Aviation Studies.” University President …
Big 3Q gains recorded by Laredo Petroleum
Laredo Petroleum, Inc. reported a significant increase in its third quarter net income totaling $337.5 million and $20.08 per diluted share. The Tulsla-based company said the income was up from the $262.5 million reported in the second quarter of the year. Cash flows from operating activities in the third quarter totaled $182.6 million and …
Sen. Lankford comes out with public support for Mullin’s U.S. Senate candidacy
It was the last weekend before this week’s elections but Oklahoma U.S. Sen. James Lankford went fully public with his endorsement of fellow Republican Markwayne Mullin, who is running to replace retiring Sen. Jim Inhofe. In a campaign flyer, Lankford called Mullin a “trusted friend and ally in the fight for America.” Mullin, a …
Utility crews among first responders to SE Oklahoma tornado
Crews from Public Service Company of Oklahoma were among those who responded Saturday to the tornado that hit Idabel and region, destroying or badly damaging more than 100 homes and businesses. The tornado, estimated to be an EF-3, left at least one person dead, a 90-year old man. More than 100 homes and businesses …
Crude rose 5% on Friday and OK energy stocks had a strong performance
Crude oil prices soared by 5% on Friday, thanks to a number of factors including the uncertainty of more interest rate hikes by the U.S. Federal Reserve and a looming EU ban on Russian oil. Oklahoma energy stocks recorded gains on the day too. West Texas Intermediate crude for December delivery shot up $4.44 …
OGE announces scholarship deadline
From now until Feb. 15, 2023, Oklahoma and Arkansas high school seniors are encouraged to apply for the 2023 OGE Positive Energy Scholarship. With its administrative partner the Oklahoma City Community Foundation, OGE Energy Corp. Foundation awards this scholarship to three deserving students and provides them with $15,000 per year, renewable annually for up …
