The Trump administration’s recent decision to cancel a nearly $5 billion federal loan guarantee for the Grain Belt Express transmission project from Kansas to Indiana caught the attention of one Democrat in the U.S. Senate. New Mexico Sen. Martin Heinrich is the ranking member of the Senate Committee on Energy and Natural Resources …
Western Oklahoma’s oil and gas plays still humming with activity
When Oklahoma experienced a decline in the number of active oil and gas rigs in the past week, it did so in the Cana Woodford Basin located in several western counties. While the play’s known for its production of a dry gas, the Cana is described as a deep formation, ranging from 8,000 …
2Q earnings report coming soon from Stardust Power
Startup lithium production company, Stardust Power Inc. plans a release next week of its second quarter 2025 earnings report and investors will be eager to see if the Connecticut based company with a lithium processing plant under construction in Muskogee has increased any earnings. The release will be made after the close of …
Customers fight Union Pacific’s $85 billion deal with Norfolk Southern railway
The proposed merger of Union Pacific and Norfolk Southern has run into a blocked track. Customer groups are urging federal regulators to block the merger. At least seven associations of shippers have come out against the $85 billion deal which would see Union Pacific acquire the smaller rival in a bid to create …
Nation’s oil and gas rig count dips again—so did Oklahoma’s
The U.S. experienced another decline in the past week of the number of oil and gas rigs actively pursuing new oil and gas finds and the drop included the state of Oklahoma. Oklahoma’s total fell one to 41 rigs, still more than last year at this time when the count was 35, according …
Data Center fights annexation in Muskogee
An annexation fight is underway where a data center is opposed to being annexed by the city of Muskogee. It’s led to a lawsuit filed by Polaris Technologies. The company went to Muskogee County District Court where it is asking a District Judge to issue an injunction against the city’s annexation ordinance approved last …
Production of crude oil and natural gas grew in past year across the US
The latest government report shows Oklahoma’s crude oil production grew by 2.5% in the past year. Production figures were released by the U.S. Energy Information Administration. Crude Oil (thousand barrels per day) State/area May-25 Apr-25 Percent change May-24 Percent change U.S. 13,488 13,464 0.2 13,201 2.2 Alabama 8 8 -5.5 9 -15.0 Alaska 434 …
Sen. Mullin says Obama’s climate decisions were costly to the U.S.
“What Lee Zeldin just did is took a sledgehammer to the regulatory environment.” Oklahoma U.S. Sen. Markwayne Mullin made it clear he thinks EPA Administrator Lee Zeldin did the absolute right thing in rescinding Obama-era environmental decisions. Interviewed recently by Harris Faulkner on Fox News’s “The Faulkner Focus,” he called them “the Obama-era endangerment …
Executive retirement at Southwest Power Pool
Southwest Power Pool (SPP)announced the pending retirement of a longtime, highly respected member of its executive team and the promotion of another long-tenured leader who will fill the position. Senior Vice President of Operations Bruce Rew will retire from SPP in December of 2025. C.J. Brown will become vice president of operations beginning …
Mach Natural Resources releasing 2Q report this week
Mach Natural Resources LP plans a release this week of its second quarter earnings report. Details will be made available on Thursday, August 7 after the close of markets. The second quarter 2025 earnings release will be available on the Company’s website at www.ir.machnr.com. A conference call will follow Friday morning at 9 o’clock …
