AAA says “like a tired party balloon,” gasoline prices across the U.S. are slowly deflating. But that’s not the best description for some Oklahoma gasoline prices because they went the opposite direction in the past week—rising a few cents a gallon. The national average dropped four cents last week to an average of $3.60 …
Quite a bankruptcy fight has developed with SQRL, the convenience store firm that just a year ago acquired dozens of stores in Oklahoma after acquiring them from another bankrupt company. Now SQRL Holdings creditors want to force it into Chapter 7 bankruptcy protection. The action, according to C-Store Dive and Arkansas Business, followed SQRL’s …
Oklahoma Gas and Electric was down to about 1,900 customers without power Monday morning following the Sunday round of another 6 or 7 tornadoes in the state. The heaviest outages were near Helena in northern Oklahoma and in the Village in Oklahoma City. One storm was in the Oklahoma City metro area where a night-time …
** The container ship that caused the deadly collapse of Baltimore’s Francis Scott Key Bridge was refloated at high tide Monday and began slowly moving back to port, guided by several tugboats. Officials have said the Dali will likely remain in the port for a several weeks and undergo temporary repairs before being moved to …
Oklahoma oil and gas operators in the Permian Basin were met with a new challenge—-the government’s action on Friday declaring a rare lizard in the Basin to be endangered. Citing future energy development and sand mining in west Texas and southeast New Mexico, the U.S. Fish and Wildlife Service said the dunes sagebrush lizard …
PHX Minerals announced a quarterly dividend of 3 cents a share on the company’s common stock. The Fort Worth-based company with operations throughout Oklahoma, Texas, Louisiana, North Dakota and Arkansas said the dividend will be payable on June 11 to shareholders of record on May 31, 2024. The dividend was approved by the …
Justin Hornback formally announced this week his candidacy for the Republican nomination for the Oklahoma Corporation Commission. He is one of five candidates to succeed Commissioner Bob Anthony who is term-limited and one of the three candidates for the GOP nomination. He describes himself as a “seasoned energy industry veteran” with two decades of hands-on …
The shareholders meetings to vote on the January-announced merger of Oklahoma City’s Chesapeake Energy and Houston’s Southwestern Energy have finally been set and announced. In a proxy filing with the Securities and Exchange Commission, Chesapeake Energy said its virtual shareholders meeting will be held on Tuesday, June 18 at 10 a.m. Central time. Southwestern Energy’s …
The nearly $32 million rate hike requested by Oklahoma Natural Gas isn’t the only such request made by ONG’s parent company, ONE Gas. In a powerpoint presentation made by ONE Gas, the Tulsa-based company identified it has 5 such requests under consideration by regulators in Texas, Kansas and Oklahoma. They total $102.2 million. Along …
The University economist whose study of Oklahoma’s energy discrimination elimination act was flawed blames in part the short-sighted or “myopic” view of the legislators who created the law two years ago. Writing in the Sunday Oklahoma’s Viewpoint section, Dr. Travis Roach said legislators who crafted the Oklahoma Energy Discrimination Elimination Act failed to consider …