No one’s revealing how much money Oklahoma Gas and Electric donated, but its contribution to the State Fair of Oklahoma resulted in the new $126 million arena under construction being named the OG&E Coliseum. The final truss was carried into place this week as the Fair made the formal announcement. OG&E became the lead …
Kansas legislators fight loss of AM radios in new vehicles
The Kansas legislature is attempting to turn up the volume on federal regulators who no longer see a need to require AM radios in cars and trucks. The Kansas House voted this week to support a resolution calling on Congress to force the issue by requiring the installation of AM radios in new vehicles. …
Fort Worth plant capitalizes off demand for EV chargers
The first LG factory in the U.S. of its kind is busy in Fort Worth, home to LG Electronics which switched from making household electronics and cell phones to manufacturing electric vehicle chargers. New EV chargers are made there and shipped across the country. As the Biden administration pours more and more money …
Thursday morning earthquake shook area near Edmond
Oklahoma’s latest earthquake that was actually felt by nearby residents occurred Thursday morning at a site several miles east of Edmond. Measuring 3.1 magnitude, according to the U.S. Geological Survey, the quake’s epicenter was about 5 miles from Edmond with a depth of nearly 4 miles. It was recorded around 10 a.m. It was …
Mewbourne Oil leader named to OU Regents Board
Mewbourne Oil Company President and CEO Kenneth Waits has added another step in his list of appointments. He’s been named to the University of Oklahoma Board of Regents by Gov. Kevin Stitt. A graduate of OU, Waits has been a big supporter of the university and the energy company he leads helped with contributions …
Senior note offering report from Vital Energy
Vital Energy, Inc., in Tulsa reported it had received more than $628 million in cash tender offers for a series of senior notes made available some weeks ago. Based on information provided by the Global Bondholder Services Corporation, Vital said that as of 5 p.m. on March 27, it had received tenders of $431,150,000 for …
Oklahoma’s oil and gas rig numbers hold steady but US saw a drop in the past week
As Okahoma’s rig count held steady in the past week,the number of active oil and gas rigs across the U.S. dropped by 3 to 621, reported Baker Hughes Co. in a release on Thursday. Oklahoma remained steady at 44 rigs but was still below the 59 reported by Baker Hughes a year ago. The …
Drought Commission extends project deadlines
The Emergency Drought Commission met on Tuesday and voted on several motions regarding the Emergency Drought Cost-Share Program. The deadline for practices related to water well drilling, pipeline, pumping plant and water facilities has been extended to December 31, 2024. In a separate motion, the Emergency Drought Commission voted to maintain the initial June 30 deadline for …
Manufacturing activity fell in March in Oklahoma and neighboring states
Manufacturing activity in Oklahoma and other states that make up a Federal Reserve Bank of Kansas City district didn’t fare well in March. Chad Wilkerson, senior vice president at the Bank announced the bank’s latest manufacturing survey revealed manufacturing activity declined further in March and expectations for future activity were steady. “Regional factory activity …
Bingman lays out stances on legislative issues affecting Corporation Commission
When it comes to some of the legislative issues dealing directly with the Oklahoma Corporation Commission, how does the only candidate to file so far for the commission in 2024 feel about them? OK Energy Today spoke at length with former State Senator and Secretary of State Brian Bingman about such issues as Right …