A man calling himself the “pro-life Spider Man” was in Oklahoma City police custody Tuesday after climbing the 50-story Devon tower. The man, identified by News Channel 4 News as Maison Des Champs, who used no climbing equipment to scale the headquarters tower of Devon Energy Company. Champs reported climbed the Salesforce Tower in …
Crude suffers as fed considers interest rate hike
Crude oil prices dropped in Tuesday’s trading as many observers fear the U.S. Federal Reserve will hit markets with a higher-than-expected interest rate hike because of growing inflation that the Biden administration has been unable to solve. For a second straight day, Oklahoma energy stocks recorded more losses than gains. Many analysts believe the …
LSB to be part of small cap conference
Oklahoma City’s LSB Industries will be part of an investment conference on June 15. The company’s Executive Vice President and Chief Financial Officer, Cheryl Maguire will take part in a fireside chat at the Sidoti & Company Summer Small Cap Virtual conference beginning at 12:15 p.m. ET on Wednesday. Sidoti is considered a premier …
Other states join Oklahoma in ending gas bans
Oklahoma’s not alone in creating a law to stop gas bans in cities and counties. Other states are doing the same to protect access to natural gas utility service reported SP Global. Click here for SP Global
Missouri governor signs bill expanding property rights protections
The governor of Missouri has signed into law a measure giving farmers and ranchers more protection from eminent domain efforts. The bill was created in the wake of the Grain Belt Express transmission project that is designed to move wind powered electricity from southwest Kansas across Missouri and Illinois to Indiana. Click here for …
Heat wave results in power outages in Texas
At least one Texas power company was busy explaining it was the weekend heat wave that caused an increase in electric outages. Oncor Electric Delivery blamed the outages on electric demand as air conditioners were cranked up to beat the heat. About 2,000 customers lost power Sunday night according to KXAN TV news.
Deal struck to lower OGE’s rate hike request
An agreement has been reached to lower Oklahoma Gas and Electric Company’s $163.5 million rate hike request to only $45 million according to a filing made Monday with the Oklahoma Corporation Commission. The rate hike and the filing were the focus of a Tuesday morning hearing by Administrative Law Judge Linda S. Freeman with two …
Public transit agencies see increased Oklahoma funding
More than three dozen public transit agencies in Oklahoma will be getting additional state funding, the first increase in 17 years. Rep. Nicole Miller of Edmond and Sen. John Haste of Broken Arrow, both Republicans said this week in an announcement that Oklahoma Senate Bill 1040 paved the way for what they called “a …
Rep. Bice joins House in study of weather forecasting
As a congressional subcommittee explored future weather research, Oklahoma Congresswoman Stephanie Bice reminded members how important it was to take a collaborative approach to weather forecasting research and development. She’s a member of the Environment Subcommittee of the U.S. House Committee on Science, Space and Technology and addressed members as they started a hearing titled …
Continental hopes to copy Oklahoma enhanced oil recovery project in North Dakota
Continental Resources is attempting to carry out a pilot drilling project in North Dakota similar to one that involved three wells in Oklahoma. The North Dakota Public Service Commission recently heard testimony about the company’s “huff” and “puff” Enhanced Oil Recovery project designed to increase production according to the Williston Herald. The paper quoted …
