The Oklahoma Supreme Court recently ruled against two pilots who survived the crash of a single-engine Cessna airplane 14 years ago and sued Cessna Aircraft Company. The Justices upheld a lower court ruling that said Cessna was not responsible for a fire that broke out in the plane as Jade P. Schiewe and …
Mewbourne Oil, operator of wells in Oklahoma, Texas and New Mexio, has been fined $5.5 million by the Justice Department over violations of the Clean Air Act. Mewbourne will also have to spend another $4.6 million to make sure its oil and gas battery pads comply with regulations. The government contended the wells produced …
What’s up at Mitchell Talks Energy with Jerry Bohnen? This week we discuss the sudden rise in gasoline prices just as the clock springs forward one hour. Why do we have to suffer this every year at the same time? Plus ‘spy’ planes and why they represent new jobs in Oklahoma!
A new study reveals how the oil and gas industry in Oklahoma contributed 22% to the state’s economic activity. It’s what the Oklahoma Energy Resources Board reports. Oklahoma’s oil and natural gas sector remains a crucial pillar of the state’s prosperity and is yet again the most significant source of tax revenue. A recent …
Another gain for crude oil prices on Thursday as a prediction of a tighter world market this year resulted in a nearly 2% jump for the day. At the same time, natural gas prices suffered another drop. The International Energy Agency predicted there will be an oil demand growth for the remainder of the year. …
Empire Petroleum leadership plans to be a part of another investor’s conference this month. The Tulsa-based company will take part in the 36th annual ROTH Conference March 17-19 at the Ritz Carltno Laguna Nigel in Dana Point, California. Michael Morrisett, President and Chief Executive Officer will host one-on-one meetings with investors and discuss …
Got an idea to improve transportation in Oklahoma? The Oklahoma Department of Transportation is looking for public input on the state’s transportation priorities for the next four years. The agency is currently seeking public comment on the Statewide Transportation Improvement Program for federal fiscal years 2024 through 2027. The STIP is a planning document …
CLICK HERE to download Lankford’s remarks from Box. CLICK HERE to watch Lankford’s remarks on YouTube. As wildfire dangers eased this week in western Oklahoma and the Texas Panhandle where more than a million acres of land were burned, three persons were left dead and thousands of cattle were killed, the topic of wildfires was the focus …
The January closure of a southeast Missouri aluminum plant was blamed on cold weather issues, but now there is a report blaming it really on the high cost of electricity needed to run the plant. The Magnitude 7 Metals plant in Marston, Missouri had the reported capacity to produce as much as 30% of …
Net income and total revenues for Unit Corporation declined in the fourth quarter of 2023 but advanced for the entire year, according to an announcement by the Tulsa-based oil and gas company. Net income for the quarter totaled $57.4 million or $5.79 per share, down from the $59.3 million and $6.07 a share a …